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Apartment Complex Trades For $117M

Emma Dill - Oct 16, 2026

Oct 16, 2026

Apartment Complex Trades For $117M

Wilmington apartment complex The Cordelia has new owners. The 426-unit complex at 4711 Azalea Landing Drive changed hands for $117 million, according to a deed recorded Thursday. The purchase included the apartments, completed in 2024, and the ...

Oct 16, 2026

Longtime Downtown Pizza Restaurant Changes Hands

A downtown Wilmington pizza restaurant business has changed hands, according to a news release Friday. MoMentum Companies, a Wilmington-based commercial real estate and business brokerage firm, announced the sale of I Love NY Pizza to Megan Jackso ...

Oct 16, 2026

Sources: Corning In Incentives Talks With Local Governments

The city of Wilmington and New Hanover County next week are scheduled to consider granting up to $5 million in economic development incentives to optical fiber manufacturing firm Corning Inc., according to local government sources. The two sources ...

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Shaun Olsen
CloudWyze

The Technology Your Business Already Depends On: And What Comes Next

Posted Jun 3, 2026
Most business leaders in Wilmington and the Cape Fear region didn’t spend the last decade thinking about technology infrastructure. They were thinking about clients, cash flow, talent, and growth. Technology was the thing running quietly in the background: something you called someone to fix when it broke. 

That’s changed. Quickly. 

Today, t...read entire article
Achievers & Accolades

'Best Places To Work' In Wilmington Recognized

Oct 16, 2026

McKim & Creed Marks Growth With Expansion Of Facilities

McKim & Creed, an employee-owned engineering and geospatial firm founded in Wilmington in 1978, has expanded its presence in the Port City. According to a news release, McKim & Creed relocated its Wilmington engineering and corporate servi ...

Oct 15, 2026

Capone & Associates Launches Nonprofit Capacity Building Arm

Capone & Associates, a bookkeeping and fractional CFO firm, is launching a capacity-building firm for nonprofits and social sector organizations called The Impact Division.  The Impact Division will be headed by JC Lyle, who currentl ...

Oct 15, 2026

With HUB Office Gone, Business Owners Worry About Future Opportunities

A level playing field. A seat at the table. Those are some of the descriptions that come to mind for Euran Daniels, president of ground transportation firm Daniels Tours, when talking about the state’s Office for Historically Underutilized B ...

Oct 15, 2026

Japanese-inspired Matcha Shop, Eatery In The Works Downtown

A new Japanese-inspired matcha shop and eatery is slated to open later this year in downtown Wilmington. Upfits for the business, called Uji, are underway in the former Dunkin’ space on the ground floor of 101 N. Third St. Uji’s owner, ...

Oct 14, 2026

Girls With Dough LLC Buys Smoke On The Water Restaurant Property For $1.5M

Riverlights restaurant Smoke on the Water is closing later this month after the building it’s occupied since 2017 was purchased by Girls with Dough LLC in a more than $1.5 million transaction that closed Tuesday. Despite Smoke on the Water&r ...

Oct 14, 2026

County, City Set To Consider Incentives For 414 Jobs, $585M Investment

A manufacturing expansion in Wilmington could create 414 new jobs and bring $585 million in investment over five years, according to the New Hanover County Board of Commissioners’ agenda for Monday’s meeting. Agenda documents state tha ...

Oct 14, 2026

Cambridge Village Sells For Nearly $141M

Cambridge Village, a 222-unit senior living facility near the Mayfaire area, has sold for $140.9 million, according to a deed recorded Wednesday.  The deed shows that Wilmington SL Property Owner L.P. purchased the facility, which spans a lit ...


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