Real Estate - Commercial

Sep 24, 2020

Prominent property on South College Road is up for sale after an auto dealership moved to a new facility on Market Street. The spot that previously held Stevenson-Hendrick Honda at 821 S. College Road in Wilmington has been listed for sale at a price of a little over $9.6 million.  Stevenson purchased the property in 1992. Over time the dealership grew from one ...

Sep 22, 2020

Axis Fitness opened recently at River Place in downtown Wilmington, the 13-story mixed-use project’s first commercial tenant to open its doors. The gym’s 24-hour access key fob service is expected to be up and running by Oct. 5, said owner Mike Barnhart. The first of the year could see a grand opening for the gym (its sign on River Place is pictured below). ...

Sep 4, 2020

A shopping center and an office building in Wilmington recently changed hands in two separate transactions, brokers said this week. Investors purchased Willow Woods Shopping Center at 5424 Oleander Drive for $2.5 million, according to an announcement from Wilmington-based commercial real estate firm Cape Fear Commercial. The Willow Woods buyer was Hospitality Holding ...

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Erinpayne 9212090051

Erin Payne
Cape Fear Literacy Council

Tutoring At CFLC

Posted Sep 18, 2020
“The best laid plans of mice and men often go awry.” Indeed, 2020 could not be summed up any better that Robert Burns’ famous quip. Around the world, individuals and organizations have had to depend on the ability to adapt and the skill of pivoting in order to survive and thrive. No part of our society is exempt from the deft shifts needed in mindset, skill sets, and entire article
Sep 1, 2020

Raleigh-based McConnell Golf is the new owner of Porters Neck Country Club after a $4 million transaction that closed Monday. The change in ownership was the result of a Chapter 11 bankruptcy plan filed last year by Porters Neck Country Club Inc.  The northern New Hanover County property includes an 18-hole golf course, a clubhouse, a driving rang ...

Aug 27, 2020

The owners of the event business that operates out of the Brooklyn Arts Center + The Annex in downtown Wilmington bought the center's real estate in a deal that closed last week. Jay Tatum and his wife, Tara Tatum, paid nearly $2 million for the historic property that developer Dave Nathans revived in 2011. The transaction includes the church, The Annex and the adja ...

Aug 25, 2020

Oak Island Motel Changes Hands

By Cece Nunn, posted Aug 25, 2020

A vacation rental firm based in Surf City aims to gain a foothold on Oak Island with the purchase of Island Resort & Inn. Carolina Retreats bought the 22-room property, at 500 Ocean Drive in the town of Oak Island, for $1.165 million from the Canning family. Don Harley of Coldwell Banker Commercial Sun Coast Partners represented the sellers in the transaction. &q ...

Aug 11, 2020

Private Preschool Opening Wilmington Location

By Cece Nunn, posted Aug 11, 2020

Local franchisees plan to open a private preschool on South 16th Street in Wilmington, aiming to expand from there. Primrose School of Wilmington at Medical Center is tentatively expected to open at 1401 S. 16th St. by late October, said Samantha Martin, the local Primrose franchisee along with her husband, Rob. Samantha Martin said Primrose has 400 schools nationwid ...

Aug 11, 2020

A development team is planning an $8.5 million industrial building in the International Logistics Park of North Carolina, one of two megasites near the Brunswick and Columbus county line. The International Commerce Center, a spec building, will be the first development in the International Logistics Park, and can be delivered as soon as the first quarter of 2021, said B ...

Aug 7, 2020

Major Project Would Impact Southport

By Cece Nunn, posted Aug 7, 2020

The developer of River Place in downtown Wilmington is partnering with Bald Head Island Limited on a nearly 400-acre development dubbed Project Indigo.   The $565 million project by Bald Head Island Limited and East West Partners, the River Place develop­er, would incorporate single-family homes, apartments, townhomes, duplexes and some commercial space for what ...

Aug 7, 2020

The property at 5216 Oleander Drive in Wilmington held a skating rink for about four decades before the latest business to occupy it, Jelly Beans Family Skate Center, closed last year. An entire Facebook group is dedicated to remembering one of its earliest incarnations, Sports World. Owned by a Sanders family entity, the property got a facelift after Jelly Beans clo ...

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In The Current Issue

Attractions Get Phase 2.5 Boost

Local museums were finally able to reopen after nearly six months of closure as a result of COVID-19 restrictions. The news couldn’t come so...

Lumber Prices Through The Roof

The prices of lumber have increased exponentially over the past several months....

Making Room For Outdoor Dining

Places to eat and drink are expanding outdoor spaces to accommodate more customers and help with increased revenue....

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