Real Estate - Commercial

May 28, 2024

Novant Health closed on the sale of 16 of its North Carolina properties earlier this month, a transaction that included four facilities in the Wilmington area. The sales are part of a “larger, multi-phased sale/leaseback transaction with Remedy Medical Properties Inc. and Kayne Anderson Real Estate,” according to a Novant Health spokesperson. The full real e ...

May 24, 2024

A local coffee shop is growing its footprint with two new locations in the coming months, including one on the ground floor of Wilmington’s Skyline Center. Three Friends Coffee will open on June 3 in an approximately 800-square-foot space inside the city-owned office building on the north end of downtown Wilmington. The coffee shop will be open to b ...

May 23, 2024

Along Carolina Beach Road, two townhome projects are in the works. One development would bring 62 townhomes to the Myrtle Grove area while the other adjusts plans for an existing project, replacing its proposed apartments with townhomes. Community meetings for both projects are scheduled next week to discuss the proposals and answer community questions.  The 62- ...

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How Philanthropy Fits Into Your Financial Plan

Posted May 30, 2023
Charitable contributions hold the remarkable ability to transform lives and communities, but what if there was a way to magnify their impact while benefiting your own financial situation? Enter Qualified Charitable Distributions (QCDs), an increasingly powerful tool for individuals seeking a tax-efficient approach to philanthropy. In this article, we explore the concept of QCDs and unveil three co...read entire article
May 22, 2024

New owners will decide what’s in store for a historic retail landmark in downtown Wilmington. A group of local investors – Joshua Benson, Nicholas Cole and Knox Harris – bought the Old Wilmington City Market at 124 S. Front St. and 119 S. Water St. for more than $2.5 million this week, brokers said. “The goal is to continue to improve the ...

May 17, 2024

Two Apartment Projects Pitched For Kerr Avenue

By Emma Dill, posted May 17, 2024

Plans for two new apartment complexes are taking shape in Wilmington’s Kerr Avenue corridor. One project called Ethos 622 Apartments is set to bring 48 new apartments, while plans for The Lofts at South Kerr would bring another 19 apartments to the area. Developers submitted plans for both projects this week for technical review by city of Wilmington staff. Eth ...

May 15, 2024

Local Furniture Company Expands With New Distribution Center

By Audrey Elsberry, posted May 15, 2024

Custom Home, a Wilmington-based furniture company founded by brothers John and Kevin Gray, recently announced the expansion of its facilities with a 50,000-square-foot distribution center in the Leland Innovation Park.   The company will use the facility to store and distribute furniture for Custom Home’s four businesses, which include Custom Home Staging & ...

May 15, 2024

Wilmington Plans To Demolish Longtime Downtown Offices

By Emma Dill, posted May 15, 2024

Wilmington plans to demolish its downtown office space at 305 Chestnut St. City officials posted a bid advertisement Tuesday for the demolition of the buildings near the corner of North Third and Chestnut streets. According to city spokesperson Dylan Lee, city leaders want to bid out the “full demolition” of the structures, including the removal of debris. ...

May 8, 2024

A handful of commercial projects are expected to go before Wilmington planning leaders early next month. Those projects include a proposed 253-unit apartment complex in Ogden, a 40-unit project along Independence Boulevard and re-submitted plans for a Circle K gas station on Dawson Street.  All are tentatively scheduled to go before the Wilmington Planning Commi ...

May 6, 2024

One of the largest private fermented beverage manufacturers in North America, FedUp Foods, on Monday announced an expansion into Wilmington using the facility formerly occupied by Tru Colors Brewing.   Sarah Mullins and Jeannine Buscher founded FedUp Foods in Asheville after making kombucha together for their children. Now, FedUp Foods manufactures kombucha, pre- an ...

May 3, 2024

Leland Eyes Commercial Growth

By Emma Dill, posted May 3, 2024

As Leland’s residential development booms, town leaders are taking steps to ensure that land zoned for commercial development meets its full potential. Leland encompasses just over 27 miles – roughly 17,400 acres – within its town limits, and just 5% of that area – about 872 acres – is zoned for commercial or office and institutional develo ...

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Trending News

Lower Cape Fear LifeCare Welcomes New Board Members

Staff Reports - May 28, 2024

Novant To Sell, Leaseback Four Wilmington-area Properties In Statewide Effort

Emma Dill - May 28, 2024

CVB Announces Tourism Award Winners

Staff Reports - May 28, 2024

United Bank To Acquire The Piedmont Bank

Audrey Elsberry - May 28, 2024

UNCW Honors Faculty Awards Recipients

Staff Reports - May 28, 2024

In The Current Issue

Topsail Island Museum Offers New Exhibit On Black Heritage

Ocean City Beach was established in 1949 and became the first community in the state where Black people could purchase oceanfront property....


MADE: Bean Counters By The Sea

Marine Bean is a family-owned and -operated business that buys all of its materials in the U.S., makes its marine-grade bean bags in Wilming...


Area YMCA Continues To Expand

The YMCA of Southeastern North Carolina has about 13,000 members; approximately 11,000 live in the greater New Hanover County area....

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