Real Estate - Commercial

Dec 13, 2019

Midtown Center Welcomes New Tenants, Revamped Store

By Cece Nunn, posted Dec 13, 2019

Recent Barclay Commons changes include new tenants and a renovated Perry’s Emporium jewelry store. The $500,000 remodeling of Perry’s took about five months. A couple of the changes include a 20-foot glass through which customers can see jewelers working on their jewelry, a design center, a scanning machine and a 3D printer grower that can produce a piece to ...

Dec 9, 2019

Development interest and investment in downtown Wilmington are expected to be enhanced by the construction of North Waterfront Park, developers and brokers say. The city scheduled a groundbreaking ceremony Monday afternoon at the Harnett Street site of the 6.6-acre park along the Cape Fear River. The park will include a large concert venue, playground, splash pad, large ...

Dec 6, 2019

Retirees Influence Commercial Real Estate

By Cece Nunn, posted Dec 6, 2019

Retirees flock to Southeastern North Carolina, especially from the Northeast, and they’ve done so for decades for the area’s warm weather and lower taxes.   Oftentimes, they either follow friends or loved ones who have already made the move or they bring relatives and neighbors with them.   The retiree demographic, and the increase in population t ...

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Pre-Planning Essentials For The Frequent Traveler

Posted Nov 20, 2019
Frequent travel requires a lot of advanced planning.

Passport? Check. Swimsuit and flip flops? Check. Briefcase and quarterly report? Check.

But in all that preparation, there is one item that likely has never been ...read entire article
Dec 5, 2019

K9000 Dog Wash To Open New HQ Space In Wilmington

By Christina Haley O'Neal, posted Dec 5, 2019

K9000 Dog Wash USA is opening its new headquarters in Wilmington. The move is coming after Pete Peterson, CEO of Leland-based Manufacturing Methods and president of K9000 Dog Wash USA, partnered late last week with Gordon Reddick, the company’s new vice president, and Cullen Seward, vice president of sales and marketing. The business is leasing about ...

Dec 4, 2019

Nest Realty is settling into its own new Wilmington nest. The Wilmington branch of the Virginia-based residential real estate firm recently opened an office at 990 Inspiration Drive at Mayfaire Town Center, moving from 1508 Military Cutoff Road. "We've had a lot of people coming by to check it out," said Ryan Crecelius, principal broker of Nest in Wilming ...

Nov 29, 2019

Cape Fear CREW on Feb. 27, 2020, is hosting its second annual Awards of Excellence, which recognize excellence and leadership in commercial real estate in the Cape Fear region, and the deadline to nominate projects and initiatves is Dec. 13. Cape Fear CREW President Connie Ronner of SunTrust stated in an email, "In 2019, the Cape Fear CREW [Commercial Real Est ...

Nov 27, 2019

Crews worked Wednesday on the beginning of an overhaul of the former Coastal Beverage Co. facility on Harley Road in Wilmington. Kirk Englebright of Englebright Development, who is also the owner of A Goodnight Sleepstore and other mattress and furniture companies, bought the property Monday for $4.8 million through Englebright and Long Holdings LLC. The seller, Coas ...

Nov 25, 2019

New Hanover Regional Medical Center plans to increase its presence at Autumn Hall with the purchase of 5 acres in the master planned, mixed-use community on Eastwood Road. The more than $3.5 million transaction closed last week. The hospital system bought the land from the Trask family, the developers of Autumn Hall, with plans to use it to build a new emergency departm ...

Nov 18, 2019

Downtown Office Building Changes Hands In $3.7M Deal

By Cece Nunn, posted Nov 18, 2019

An investor purchased a five-story office building and adjacent parking lot recently in downtown Wilmington in a $3.7 million transaction. Built in 2001, the building, 720 N. Third St. at The Promenade, was previously owned by Wilmington builders and developers David Nathans and David Spetrino. Nathans and Spetrino replaced what had been a junkyard for decades w ...

Nov 11, 2019

A new tenant is coming to a former Coca-Cola bottling building on Princess Street, in the area known as Wilmington's Soda Pop District. About 5,700 square feet inside the building will be an outreach campus for A Safe Place, a nonprofit organization that focuses on prevention, advocacy and restoration to assist victims of domestic sex trafficking and commercial ...

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In The Current Issue

A Wave Of Woes

While recent projects mark major milestones for the Cape Fear Public Transportation Authority, which does business as Wave Transit, the agen...


Retirees Influence Commercial Real Estate

The retiree demographic, and the increase in population that results, has implications for the commercial real estate market in the Wilmingt...


NHRMC Building Plans Continue

Even though New Hanover Regional Medical Center’s future ownership status remains up in the air, the health system has not pulled back on it...

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