Continuing a trend of increased industrial activity in the region, a New York-based real estate developer, owner and investor recently bought a two-building industrial portfolio in Wilmington. According to a news release, Treeline acquired 3700 and 3720 U.S. 421 North from Burgess Corp., a construction and project management company, in an off-market transaction. The ...

The sidewalk outside the former Coca-Cola Bottling facility on Princess Street in Wilmington bubbled with activity Tuesday morning as the new owners of more than 7 acres in the historical Soda Pop District described their plans to transform the area. Andy Hewitt and Sandy Thorpe of Parastream Development, which bought the former bottling facility and other buildings and ...

Work is expected to start by early next year on the third commercial building in the latest phase of Autumn Hall, a master-planned, mixed-use community on Eastwood Road in Wilmington. Site plans for two 34,000-square-foot buildings, Buildings 3 and 4, have been submitted to the city of Wilmington, and are scheduled for a Technical Review Committee discussion Nov. 10. ...

More than 120 years ago, crews constructed the building where, this year, Frank Efird opened a real estate office in downtown Wilmington.  The structure at 6 Market St., which Efird bought in May, needs some work. “We’ve got five windows in the front of this building, and the top three windows on the second floor are totally rotted out and painted sh ...

The owners of the Tractor Supply Co. property in Leland recently sold the real estate for about $5.47 million. SRS Real Estate Partners National Net Lease Group (NNLG) announced the sale of the freestanding Tractor Supply store and land at 1123 Clapboard Lane earlier this month. Tractor Supply is a “rural lifestyle retailer” that targets the need of recre ...

Building a major riverfront development of any kind in the Wilmington area means facing a raft of challenges, from environmental issues to making the numbers work.   A group of local partners that has never tackled such a development before wants to create a $500 million mixed-use project, with condos, apartments and commercial space, on 8 acres at a fork of the Nor ...

The 3,800-square-foot retail strip center at 1930 Carolina Beach Road has a new owner. Summer Hill Square was purchased for $485,000 on Sept. 24 from Natson Enterprises by SEEK Land Holdings, according to property tax records and an announcement from Eastern Carolinas Commercial Real Estate. Wilmington-based ECCRE represented the seller while Carolina Commercial Inve ...

The developers behind the six Offices at Mayfaire buildings and Bradley Creek Station in Wilmington are bringing a 77,000-square-foot building to northern Brunswick County.  Wilmington-based SAMM Properties is in the design phase of planning a class A office and retail development. The Offices & Shoppes at Waterford will be located on Olde Regent Way adjacent t ...

Cape Fear Commercial Real Estate Women (CREW) began this week accepting nominations for the fourth annual Awards of Excellence. The awards program, scheduled for 11 a.m. Feb. 24 at the Wilmington Convention Center, recognizes excellence and leadership in commercial real estate in Wilmington and the tri-county region of New Hanover, Brunswick and Pender and beyond, inclu ...

Plans to build a mixed-use project on South College Road and convert motel buildings on Market Street to housing have moved forward after the Wilmington City Council approved rezonings for the project sites. On Market Street, California-based Vivo Investment Group has 7.7 acres under contract that include two motels operating out of the same lobby. The company&r ...