Real Estate - Commercial

Jan 12, 2021

Developer Revisits The Avenue’s Phases

By Cece Nunn, posted Jan 12, 2021

Plans for The Avenue, a more than $200 million development to be built on Military Cutoff Road in Wilmington, are proceeding but could include some changes, particularly to what gets built first, as a result of COVID-19. Roy Carroll, owner of The Avenue development firm The Carroll Companies, said in a recent interview that construction on the development’s anchor ...

Jan 8, 2021

Deadline Upcoming For Real Estate Awards

By Staff Reports, posted Jan 8, 2021

Cape Fear Commercial Real Estate Women (CREW) is accepting entries for the 2021 Cape Fear CREW Awards of Excellence. The deadline is Jan. 29.  The awards, which will be held April 29 at the Wilmington Convention Center, recognize excellence and leadership in commercial real estate throughout the Cape Fear Region, including the city of Wilmington and the cou ...

Jan 7, 2021

A partnership that includes local developers in December purchased the Wilmington headquarters office building of growing fintech company nCino.  The property is at 6770 Parker Farm Drive behind Mayfaire Community Center. nCino, which provides cloud-based banking software to banks around the world, has additional office space at Mayfaire. Cloud Real Estate Holdi ...

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How To Prevent Winter Home Fires

Posted Jan 4, 2021
As the saying goes, “Only you can prevent forest fires.” The idea can be applied to fire safety and awareness inside the home, as the person in charge of these important tasks can usually be found by looking in a mirror.

Being proactive about fire safety inside a home is a simple way to prevent a horrible disaster. And with so much information readily available through t...read entire article
Jan 5, 2021

Market Street Hotel Under New Ownership

By Cece Nunn, posted Jan 5, 2021

A local firm recently bought a 113-room motel on Market Street with the intention of renovating the property. The AmeriVu Inn & Suites at 2828 Market St. was purchased for $2 million by Wilmington-based Suites on Market LLC. The seller was Echelon Hotels Inc. The buyer plans to transform the motel from AmeriVu Inn & Suites into the Suites on Market. The mo ...

Dec 15, 2020

Office Furniture Store Grows Wilmington Location

By Christina Haley O'Neal, posted Dec 15, 2020

Thrifty Office Furniture has expanded its location in Wilmington. The store has doubled in size at 5101 Dunlea Court by adding 1,500 square feet for a total of 3,000 square feet, said Hannah Cresimore, marketing director for Thrifty Office Furniture, which has other locations in Raleigh and Burlington. The store is celebrating the larger space on Wedne ...

Dec 11, 2020

Master planned community Riverlights continues to grow, with the latest plan involving 120 acres and a mixed-use concept that aims to provide services to Riverlights and surrounding residents. The 1,400-acre development on River Road already has a mix of commercial space and residences in its Marina Village on the Cape Fear River. Construction of infrastructure could st ...

Dec 10, 2020

Two-story Building In The Works For Racine Drive

By Cece Nunn, posted Dec 10, 2020

An two-story building that could hold offices is planned on the property at 240 Racine Drive in Wilmington. Developer Mandi Chappell of Matt Properties said construction on the 16,000-square-foot building could start in the spring. The site previously belonged to her father, commercial real estate developer Fred Matt, who died in 2011 and who had been the developer o ...

Dec 9, 2020

The owner of land on South College Road is seeking a rezoning to allow for a mixed-use development aimed at complementing an existing neighborhood. If the request made to New Hanover County is granted, the 65 acres at 5601 S. College Road, owned by Cameron Management entity Dry Pond Partners LLC, would be rezoned from R-15, residential district, to a Planned D ...

Dec 4, 2020

Making History Work For The Future

By Cece Nunn, posted Dec 4, 2020

The last service at Pearsall Memorial Presbyterian Church, a Wilmington house of worship built more than 100 years ago, took place in June 2019. On a recent weekday this year, the whir and pop of saws and nail guns by crews working for a local homebuilder emanated from the 3-acre property on Market Street.   Wilmington-based PBC Design + Build’s creations typi ...

Dec 3, 2020

The mix is changing for a mixed-use project on Village Road in Leland. Harrington Village, an award-winning development with 330 apartments and previously 27,000 square feet of commercial space in Harrington Square, will soon have 16 more apartments and only 10,000 commercial square feet. But the space is being constructed to be flexible so it could be converted back ...

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In The Current Issue

A Closer Look At The Year Ahead

While COVID-19’s impact on the economy will remain a focus this year, other expected newsmakers in 2021 include New Hanover Regional Medical...


Bike Shop Owner Rides To Success

Since she left the corporate world less than 10 years ago, Diane Hodapp has been on a roll....


Local Advisers Share New Year Tips

With the market tumult of 2020 behind us, financial ad­visers are ready to help their clients navigate the possible challenges and opportuni...

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