Real Estate - Commercial

Sep 21, 2018

Flo Prompts Businesses, Groups To Seek New Space

By Cece Nunn, posted Sep 21, 2018

A tight commercial real estate market in Wilmington is expected to get even tighter as businesses that were flooded or damaged need to find new space and others move to town in the wake of Hurricane Florence, brokers say. The firms shopping for space in a lot of cases have been forced out of their previous locations because of temporary or permanent damage, while others ...

Sep 7, 2018

Bouncing Back From Retail Voids

By Cece Nunn, posted Sep 7, 2018

Filling retail spaces in the age of Amazon.com isn’t always easy.   Sometimes a location dictates how quickly an empty space, whether it’s a new or existing building, might be occupied by a new tenant. In April 2017, officials with electronics chain hhgregg decided to close all 220 of its stores across the U.S., including the Mayfaire Town Center locatio ...

Aug 31, 2018

Plans to build an 88-unit apartment complex in the 2600 block of North College Road will not proceed, according to a public hearing request by College Road Development Partners. Instead, a self-storage facility is now planned for the North College Road location, according to the request. A public hearing to revoke a previous rezoning request is scheduled during the N ...

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Summer is the New Holidaze

Posted Jun 1, 2018
We all know the scene. 

Nov. 1 strikes, eggnog starts flowing and our social calendars start to fill with holiday parties. We make our favorite indulgent foods and eat the leftovers all week. We have access to treats almost 24/7 from leftover Halloween candy (on sale!) to Aunt Pat’s famous coconut haystack cookies. 

Even if we love to eat “in sea...read entire article
Aug 31, 2018

New Development Eyed For Third Street Property

By Christina Haley O'Neal, posted Aug 31, 2018

A Wilmington-headquartered development firm is planning apartments and a self-storage facility near Third and Dawson streets. A self-storage warehouse and 38 apartments are being planned for a 2.8-acre parcel at 201 Wright St., a former Kenny Lovitt’s Auto Sales lot, said Robert High, owner Robert High Development LLC, a development firm that specializes in self-s ...

Aug 28, 2018

The developer of the restaurants at Port City Marina on downtown Wilmington's northern riverfront owes the project's contractor nearly $860,000, according to New Hanover County Superior Court documents. After a legal dispute that lasted more than a year between Northern Riverfront Marina & Hotel and Clancy & Theys Construction Co. over the two-restaurant ...

Aug 24, 2018

Plans Proceed For New Midtown Mixed-use Development

By Cece Nunn, posted Aug 24, 2018

Developers and commercial real estate brokers are beginning to market part of a mixed-use development in the works for property at the intersection of Independence and Shipyard boulevards, according to an announcement Friday. The Graham Land Management plans described in a news release Friday afternoon include two 30,000-square-foot class A office buildings that will be ...

Aug 24, 2018

Coastal Beverage Co. Completes Pender Commerce Park Purchase

By Christina Haley O'Neal, posted Aug 24, 2018

Wilmington-based Coastal Beverage Co. Inc. has announced the company has acquired its spot in the Pender Commerce Park. The company closed on the more than 27-acre property on Corporate Drive on Aug. 21, said Tee Nunnelee, president of Coastal Beverage Co., on Tuesday. “We are hoping to break ground immediately, now that we have the property closed,” Nunn ...

Aug 24, 2018

Mayfaire Office Building Sells For More Than $7.3M

By Cece Nunn, posted Aug 24, 2018

One of the newest buildings in the Mayfaire office park has changed hands for $7.36 million. A company that's part of SunTrust Bank bought the 30,000-square-foot structure The Offices at Mayfaire V as an investment that has been leased by one of Wilmington's largest health care providers, a broker announced Thursday.  "Last year, we were truly fortu ...

Aug 16, 2018

Company Begins Moving Into New Wilmington Space

By Cece Nunn, posted Aug 16, 2018

A company that assembles and repairs motorized pulleys in Wilmington began moving into bigger space this week. Rulmeca Corp. started relocating the company’s headquarters from Windmill Way to 3200 Corporate Drive on Tuesday, according to company officials.  "With lots of equipment, inventory, and furniture to be moved, the company will not be complete ...

Aug 16, 2018

Wilmington Brewing Co. Plans Expansion

By Christina Haley O'Neal, posted Aug 16, 2018

Wilmington Brewing Co. is gearing up for expansion with the purchase of its current address and an additional property next door to its South Kerr Avenue location, planning to add an events space. Formerly leasing the space at 842 S. Kerr Ave., the locally-owned brewery and taproom purchased the 2-acre lot and building, and the nearly 3 acre-lot beside it at 800 S. Kerr ...

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Summer is the New Holidaze

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The Exit Room: A Simulation Made for Learning Agility

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In The Current Issue

Marpac Adds Tools For Better Sleep

Wilmington-based Marpac is crashing further into the sleep industry with a line of products to help people get shut eye....


WordPress Conference Cancels Due To Hurricane   

WordCamp Wilmington was among the events canceled because of Hurricane Florence....


The Future After Flo

Hurricane Florence will go down in history as a disaster that tested the ability of a hurricane-prone region to cope. Even before Hurricane...

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