As construction wraps up on the first phase of Center Point, the development’s next phase is taking shape. Residents began moving into The Sterling, the project’s 265-unit apartment complex, in mid-September, according to Morgan Bentivegna, development manager at The Beach Company. Nearby, four shell buildings that make up the more than 32,000 square feet of ...

Fourscore Business Law has opened an office in Wilmington, its second in North Carolina. The office is located at 717 Market St. and is led by Trey Blalock, who joined Fourscore in May, according to a news release. Blalock, a former Am Law 100 partner and chief legal executive, brings close to 40 years of transactional experience advising boards, owners, investors and e ...

Vertical construction is underway on The Grove on Market, the redevelopment of the former North 17 shopping center site on Market Street. The proposed five-story, mixed-use project at 4302 Market St. is expected to include about 12,000 square feet of ground-floor retail and restaurant space, with 55 apartments occupying the stories above, according to Annamaria Lookman, ...

A 109-room hotel on Medical Center Drive in Wilmington sold for nearly $13 million this week. The Holiday Inn Express & Suites Wilmington West-Medical Park at 839 Medical Center Drive changed hands on Monday in a $12.95 million transaction, according to deed records. The buyer, Ideal Hospitality, is a hotel investment, development and management firm based in the Sa ...

A medical office building on Iron Gate Drive in Wilmington recently sold for more than $11 million. The building at 2739 Iron Gate Drive, occupied by Wilmington Surgical Associates, a Novant Health affiliate, was purchased by HPIV Wilmington II LLC for $11.24 million, according to a deed recorded Sept. 8.  A representative for the surgery center declined to ...

The Macomb Group, a distributor of pipe, valves and fittings, will soon open its newest branch in 22,000 square feet at 3940 U.S. 421 North, Suite 300, according to a news release. The Wilmington facility, located in the Wilmington Trade Center, "expands the company's presence in North Carolina and strengthens its ability to serve the state's growing c ...

Cape Fear Commercial Real Estate Women (CREW) is accepting nominations for the organization's ninth annual Awards of Excellence, set to be held March 18, 2027, at UNCW's Burney Center in Wilmington. "The awards recognize excellence and leadership in commercial real estate throughout the Cape Fear Region, including the city of Wilmington and the countie ...

Wilmington-based commercial real estate broker Nicholas "Nick" Silivanch and his wife, Coble, have started a new firm. The couple founded Noble Commercial Real Estate Group after Nick Silivanch’s previous firm, Eastern Carolina Commercial Real Estate Inc., ceased brokerage services. Nick Silivanch said the new company came about when he and his wife c ...

At Perennial Harbor, an outdoor event space on Princess Street, people often stop by to check out the “secret” garden, said co-owner Ashley Johnson. “We would have the gates open, and people would come in off the street,” said Johnson, who owns the business with friend Ally Favory. “Having green space and being able to connect with nature i ...

A new tiki bar is in the works in the downtown Wilmington space formerly occupied by Dram & Draught. Owners Abby and Jonathan Beland expect to open Lost & Found Tiki Bar at 109 Market St. this fall. The concept will feature elevated drinks and an immersive tiki bar experience, Abby Beland said. The couple moved to Wilmington from Los Angeles about 18 months a ...