Real Estate - Commercial

May 7, 2021

Cargo District’s Popularity Continues

By Cece Nunn, posted May 7, 2021

Wilmington’s Cargo District continues to grow as companies join the area and others expand within it.   Transcend Bookkeeping & Finance outgrew its space at Coworx in the Cargo District, moving across the street to another district building in Suite 201 at 1607 Queen St.   Business partners and Transcend founders Jenna May and Thomas Bruin have watc ...

Apr 27, 2021

Civil engineering, technology and survey firm Timmons Group has added an office in Wilmington, according to an announcement Tuesday. That brings the firm's total branches to 18 across the U.S., including other offices in North Carolina and locations in Virginia, Maryland, Washington, D.C., Texas and Arizona. Its corporate headquarters are in Richmond, Virginia. I ...

Apr 23, 2021

More Commercial Units Sell At Bradley Creek Station

By Cece Nunn, posted Apr 23, 2021

An office and retail building on Oleander Drive recently racked up nearly $6 million in sales as four buyers bought six units.   One of the spaces at Bradley Creek Station, 5815 Oleander Drive, will hold a new clothing store, S. Worsley, owned by Susanna Worsley. She said the store, located on the first floor next to Big Sky, will offer designer and contemporary clo ...

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Cameron School Of Business Hosted Business Week 2021 Online

Posted May 6, 2021
Contributed by Drew Rosen, Business Week Chair and Lily Pezzullo-Frank, Business Week Coordinator.

When the pandemic struck in March of 2020, Cameron School of Business faculty and UNCW pivoted quickly to on-line delivery of classes. Business Week, an event that links CSB alumni and our business community to current students, was unfortunately, canceled. Th...read entire article
Apr 23, 2021

Northern Gateway Project Remains On Hold For Now

By Cece Nunn, posted Apr 23, 2021

A city of Wilmington plan to work with a developer on transforming the city's northern gateway remains on hold for now. Wilmington City Council on Tuesday voted for city officials to proceed with buying a parcel deemed necessary to incorporate into the Northern Gateway Project.  The city is assuming the option to purchase the .39 acres at 1019 N. Third St. t ...

Apr 21, 2021

A New York investor recently bought portions of the Cargo District in Wilmington, and the sellers are using the funds to further develop and expand the district.  The district includes parts of Queen and Castle streets and 15th, 16th and 17th streets. Cargo District Rentals LLC, managed by another limited liability company at 520 Madison Avenue, New York City, b ...

Apr 16, 2021

PPD Headquarters: A Big Building With A Bigger Impact

By Cece Nunn, posted Apr 16, 2021

The headquarters building of global pharmaceutical firm PPD changed Wilmington’s skyline when it was built 15 years ago. Standing 12 stories and containing at least 380,000 square feet, the structure at 929 N. Front St. is counted as one of the pivotal developments in downtown Wilmington’s revitalization. Early Thursday morning, officials announced t ...

Apr 2, 2021

Disaster Reconstruction Firm Opens Wilmington Office

By Cece Nunn, posted Apr 2, 2021

A disaster reconstruction company based in North Carolina recently opened an office in Wilmington.  RestorePro Reconstruction’s location at 311 Judges Road, Suite 1G, in Wilmington is the company’s sixth office in the Southeast and has 12 employees. “The addition of the Wilmington office extends its footprint to coastal North Carolina and bring ...

Mar 30, 2021

New Industrial Park Coming To U.S. 421

By Cece Nunn, posted Mar 30, 2021

A new industrial park is under construction in New Hanover County.  Edgewater Ventures, in partnership with McKinley Building Corp., announced Tuesday the development of Wilmington Trade Center, a three-building Class A industrial project near the interchange of Interstate 140. Upon completion, the center will include 425,000 square feet. Edgewater Ventures, whi ...

Mar 25, 2021

WilmingtonBiz Talk: Local Commercial Real Estate

By Cece Nunn, posted Mar 25, 2021

On Thursday's broadcast of WilmingtonBiz Talk, two local commercial real estate brokers said the industry had a surprisingly good year despite the pandemic that hit home a little more than a year ago. John Hinnant, vice president of Eastern Carolinas Commercial Real Estate, and Brian Eckel, co-founder of and partner in Cape Fear Commercial and its development a ...

Mar 23, 2021

Mayfaire Town Center Owner's Bankruptcy Plan Proceeds

By Cece Nunn, posted Mar 23, 2021

Mayfaire Town Center owner CBL Properties, which filed for bankruptcy in November, announced Monday that it has entered into an amended agreement that will allow the firm to proceed with its restructuring plans. The amended Restructuring Support Agreement (RSA) provides for the elimination of $1.6 billion of the company’s debt, according to a CBL Pr ...

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In The Current Issue

PPD Influences Regional Economy

The growth Wilmington-headquartered PPD Inc. has experienced in the Port City is an economic driver for the region, local economic developme...


Restaurant Owners Cook Up Big Plans

It’s been said that the road to success is always under construction, and the saying rings true for the McDuffie family....


Meet The 2021 CEA Winners

While vastly different, what the 11 companies and organizations do have in common is being chosen by a panel of judges as CEA category winne...

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