WilmingtonBiz Magazine

Mar 13, 2020

Sound Off: Save Land Now For Park

By Hansen Matthews, posted Mar 13, 2020

EDITOR’S NOTE: Hansen Matthews is a partner in Wilmington-based commercial real estate firm Maus, Warwick, Matthews & Co. He discloses that his firm represents owners of land in an area he mentions as being suitable for park space.   Imagine for a moment that time travel is possible and that you suddenly travel to the year 2120. You’re still in Wilmi ...

Mar 13, 2020

Talking Shop

By Cece Nunn, posted Mar 13, 2020

Workers toiled on a recent morning inside a new retail building at The Pointe at Barclay.   At the same time, customers at the midtown Wilmington complex filled the drive-thru at Starbucks. Others ate at tables inside a bagel cafe.   The first movie would begin at The Pointe’s anchor tenant, a Stone Theatres cinema, after 11 a.m.   But no one, a ...

Mar 13, 2020

At Hanover Center in midtown Wilmington, updates top the shopping list for the property’s new owners.   Within the next year to 18 months, patrons can expect work to be done on a new facade, along with a new entrance sign and improved parking lot, said Randy Kelley, principal of Harbour Retail Partners who is based in Wilmington.   In December, Hanover ...

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How To Be Sure You Are Leaving Your Business In Good Hands

Posted Apr 1, 2020
Most business owners are considering several options for the future of the ownership of their businesses. If you’re keeping your options open, that is typical. But business owners who end up selling their businesses to an outside, unrelated buyer often report that they wish they had known more about what the sale process would be like, and that they wish they had spent more time (years)...read entire article
Mar 13, 2020

Doubling Downtown

By David Frederiksen, posted Mar 13, 2020

With new construction and development nearly ubiquitous in downtown Wilmington in recent years, residents old and new are flocking to the Port City’s urban core, according to city officials and local real estate professionals. Multi-pronged and hardly accidental, the surge can be traced in part to a municipal development plan drafted more than two decades ago.   ...

Mar 13, 2020

Welcome To Boom Town

By Jenny Callison, posted Mar 13, 2020

By any measure, Leland is booming. As its residential population burgeons, business development follows. Rapid growth in the form of retail shops, hotels, restaurants, offices and medical practices is obvious even to the casual passerby.   With the first of its tenants in place, the development called Leland Town Center is still under construction across U.S. 17 fro ...

Mar 13, 2020

The Takeaway: Put A Bird On It

By Staff Reports, posted Mar 13, 2020

The Hive boutique hotel recently opened on North Second Street as an aparthotel, short for apartment and hotel that combines elements of each. Envisioned by business partners Robert Rosenberg and Kaylie O’Connor, it was built by Bauen Group’s Eric Davis and designed by Rob Romero, of Romero Architecture. Robin Hertzog pulled together the hotel’s eclectic ...

Mar 13, 2020

Luxe To The Max

By Kyle Hanlin, posted Mar 13, 2020

More than a decade ago, the country was in the midst of the Great Recession. As is typical with economic ebbs and flows, the housing market was a key indicator, and in this instance, a major contributor to that market downturn.   Sales of higher-priced homes in the Cape Fear region were no exception.   “The luxury market in the Wilmington area was sever ...

Mar 13, 2020

Commercial Real Estate: Trends To Watch

By Cece Nunn, posted Mar 13, 2020

Commercial real estate activity in the region in 2019 included additional projects for some developers and the potential for new endeavors for others. Potential initiatives include at least one other publicprivate partnership like the downtown mixed-use project River Place, which the city of Wilmington is involved in with East West Partners of Chapel Hill. Experts aren&rsq ...

Mar 13, 2020

Sound Off: All Real Estate Is Local

By Adam Jones, posted Mar 13, 2020

Home prices are rising and have surpassed their previous peak from the end of 2018. But we need to be cognizant of the fact that time is passing, and a dollar today isn’t worth what a dollar was 12 years ago.   If we account for inflation (deflate home prices by the consumer price index) prices are still 23% higher than they were in the early 2000s before the ...

Mar 13, 2020

Sound Off: Rethinking Social Impact

By Patrick Brien, posted Mar 13, 2020

A movement is building in Wilmington. A movement that brings equity, diversity and inclusion from a distantly perceived value, a “nice to have,” a “sure, someday,” to something that we do now, something that we live daily.   But to operationalize this transformation, to solidify it in the fabric of our society so that generations to come may ...

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