Earlier this month, a subsidiary of Riptide Builders purchased land from a China-based company, picking up the Sea Trail Convention Center in Sunset Beach. Sea Trail Investments LLC bought about 22.1 acres from Chinaway Corporate Development LLC on March 3 in a nearly $2.5 million deal, county records show. The purchase includes the nearly 31,600-square-f ...
A developer who restored historical buildings on North Front and Princess streets in downtown Wilmington has turned his attention to another corridor. Recently, James Goodnight bought 555 Castle St. for $800,000 from the Davis family, according to property tax records. The purchase adds to what Goodnight refers to as an assemblage of properties on Castle, which ...
The office market in Wilmington seems to be faring better than in larger areas, commercial real estate brokers and market statistics show. Despite some well-known Wilmington vacancy examples that include the 12-story Thermo Fisher Scientific Inc. building downtown and the former Verizon call center off Shipyard Boulevard, a recent CoStar Group report shows the area had ...
Major development leaders shared updates Thursday on their Wilmington-area projects, from downtown transformations to projects underway near Wrightsville Beach. For example, Wilmington Mayor Bill Saffo shared that the city’s purchase of properties in northern downtown has given the city “a seat at the table” to determine what that area’s transfor ...
A convenience store with a dedicated fan base is planning to establish its first location in Wilmington. Pennsylvania-based Sheetz submitted plans to the city of Wilmington Monday for a planned store and gas station. Proposed at 2435 Independence Blvd., the location would take the place on the corner of Independence and Shipyard boulevards, where Barr Ev ...
A Wilmington commercial real estate group on Thursday announced the winners of its Awards of Excellence during the program's fifth annual ceremony. Cape Fear Commercial Real Estate Women (CREW) revealed the projects and individuals who earned the top prizes during a lunch event attended by nearly 300 at the Wilmington Convention Center. "This year&rsqu ...
Should a complicated deal come to fruition, the city of Wilmington could become a landlord over office space in the city’s tallest building. This wasn’t the city’s intention. Officials realized the Thermo Fisher Scientific building could be a cost-saver, given estimates that rebuilding and consolidating city offices at 305 Chestnut St. could cost up ...
Tennessee-based veterinary and medical real estate investors bought the former N2 Publishing building in Wilmington for $5 million, according to a deed. N2 shut down its facility at 5051 New Centre Drive in Wilmington and last year listed the building for sale, a result of its plans to build a new production facility in Irving, Texas. Officials with Clarity Ven ...
Law firm Cranfill Sumner LLP has relocated from its downtown office to a new location in Autumn Hall. The new space, at 5535 Currituck Drive Suite 210, was designed to match the brand’s company colors and meet employee needs. “The office will offer traditional office space for on-site employees as well as workstations and reservable offices for employe ...
A Wilmington-based development firm investigating what role it might be able to play in the next iteration of Project Grace shared an update on its efforts Tuesday. Their work has included asking other businesses for support as it considers navigating what could be a difficult bureaucratic endeavor. The outreach effort is part of a series of steps Cape Fear Development ...
Group Planning Indoor Skydiving Facility On Eastwood Announces Updates
Staff Reports
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Mar 21, 2023
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Possible Writers Strike Could Be Felt In Wilmington Film Scene
Jenny Callison
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Mar 20, 2023
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Former County Commissioner Woody White Appointed To UNC System Board
Jenny Callison
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Mar 22, 2023
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City Takes Next Steps Toward Possible Purchase Of Thermo Fisher Building
Staff Reports
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Mar 22, 2023
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Oklahoma Onion Burgers Planned For The Pointe
Miriah Hamrick
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Mar 22, 2023
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Areas throughout southern Brunswick County are seeing an increase in residents and development, leaving municipalities looking at how to pla...
This spring, new TV advertisements for Brunswick County’s island beaches will run in markets across the mid-Atlantic region, including citie...
Doug Hamerski is a nephrologist who likes to spend his free time on other sciences, from circuity to radio. This pastime has now grown to a...
The 2023 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.