A 109-room hotel on Medical Center Drive in Wilmington sold for nearly $13 million this week. The Holiday Inn Express & Suites Wilmington West-Medical Park at 839 Medical Center Drive changed hands on Monday in a $12.95 million transaction, according to deed records. The buyer, Ideal Hospitality, is a hotel investment, development and management firm based in the Sa ...

A medical office building on Iron Gate Drive in Wilmington recently sold for more than $11 million. The building at 2739 Iron Gate Drive, occupied by Wilmington Surgical Associates, a Novant Health affiliate, was purchased by HPIV Wilmington II LLC for $11.24 million, according to a deed recorded Sept. 8.  A representative for the surgery center declined to ...

The Macomb Group, a distributor of pipe, valves and fittings, will soon open its newest branch in 22,000 square feet at 3940 U.S. 421 North, Suite 300, according to a news release. The Wilmington facility, located in the Wilmington Trade Center, "expands the company's presence in North Carolina and strengthens its ability to serve the state's growing c ...

Cape Fear Commercial Real Estate Women (CREW) is accepting nominations for the organization's ninth annual Awards of Excellence, set to be held March 18, 2027, at UNCW's Burney Center in Wilmington. "The awards recognize excellence and leadership in commercial real estate throughout the Cape Fear Region, including the city of Wilmington and the countie ...

Wilmington-based commercial real estate broker Nicholas "Nick" Silivanch and his wife, Coble, have started a new firm. The couple founded Noble Commercial Real Estate Group after Nick Silivanch’s previous firm, Eastern Carolina Commercial Real Estate Inc., ceased brokerage services. Nick Silivanch said the new company came about when he and his wife c ...

At Perennial Harbor, an outdoor event space on Princess Street, people often stop by to check out the “secret” garden, said co-owner Ashley Johnson. “We would have the gates open, and people would come in off the street,” said Johnson, who owns the business with friend Ally Favory. “Having green space and being able to connect with nature i ...

A new tiki bar is in the works in the downtown Wilmington space formerly occupied by Dram & Draught. Owners Abby and Jonathan Beland expect to open Lost & Found Tiki Bar at 109 Market St. this fall. The concept will feature elevated drinks and an immersive tiki bar experience, Abby Beland said. The couple moved to Wilmington from Los Angeles about 18 months a ...

Planning is underway for a new 7-Eleven convenience store and gas station at the corner of Carolina Beach Road and Shipyard Boulevard. The project is proposed on the 2.6-acre site of a former Dollar Tree store, which closed earlier this year. Developers plan to demolish the existing 14,565-square-foot building and construct an approximately 4,800-square-foot conven ...

A rezoning by New Hanover County leaders this week allows plans for a new PNC Bank branch to move forward on Market Street. The bank is proposed on a nearly one-acre property at 8086 Market St., the current site of Uptown Market, a store that sells furniture and a variety of other goods. The New Hanover County Board of Commissioners unanimously approved rezoning the sit ...

Zephyr Development Co. on Thursday announced a project with R.E. Michel Co. for a site on North 23rd Street in Wilmington. The developers plan to create a class A, build-to-suit facility with nearly 26,000 square feet, a news release stated. According to the release, the project is being developed to support R.E. Michel’s continued growth in Wilmington. ...