Real Estate - Commercial

Jan 30, 2023

Untappd Taps Out Of Downtown Wilmington Office Building

By Cece Nunn, posted About 22 hours ago

Tech company Untappd is vacating its headquarters in downtown Wilmington, leaving the office space up for lease. An app for beer drinkers belonging to Wilmington-born Next Glass Inc., Untappd was the sole tenant at 21 S. Front St., where the Untappd sign had been removed from the front of the building as of this weekend. The property is owned by James Goodnight, a devel ...

Jan 24, 2023

Aiming to capitalize on demand for complete industrial space, Samet Corp.'s Wilmington office is constructing a 200,000-square-foot building in the Brunswick County town of Navassa. Site work has started on the property at the intersection of Cedar Hill Road and Interstate 140. Samet Corp. officials estimate the building will be finished in the fall.  Adam C ...

Jan 23, 2023

Shopping Center Planned In Leland, Could Include Publix

By Staff Reports, posted Jan 23, 2023

A new shopping center is being planned on Highway 17 in Leland, anchored by a grocer, preliminary plans show.  That grocer is likely a Publix, Leland’s economic & community development director Gary Vidmar told the town’s Economic Development Committee earlier this month. However, Vidmar cautioned this was only the perception and that the tenant had ...

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Natalie English
Wilmington Chamber of Commerce

Bridge

Posted Jan 18, 2023
Note: Greater Wilmington Business Journal asked me to write about the Cape Fear Memorial Bridge for a recent issue of WilmingtonBiz Magazine. Below is that column reprinted here with permission. 

Inevitably, I elicit chuckles in almost every meeting I attend by simply saying the word “bridge.”  I don’t mind creating an opportunity for people...read entire article
Jan 18, 2023

The owner of Mayfaire Town Center and a hospitality company plan to develop a Westin brand hotel at the mixed-use complex. According to an announcement Wednesday morning, CBL Properties (NYSE:CBL) and Vision Hospitality Group would build the 83,000-square-foot Element by Westin hotel at 1055 International Drive. The former restaurant at that address in the center, ...

Jan 13, 2023

In the commercial real estate game, reaching out to key economic development players is critical, a consultant told local brokers Thursday. “Make sure you reach out to them, let them know who you are, let them know the work that you do. Talk about the sites and buildings that you are representing and where there may be some data gaps,” said Crystal Morphis, ...

Jan 9, 2023

Officials with a Wilmington-based firm expect to start soon on the interior construction for one of the latest restaurants by well-known local restaurateur Ash Aziz. Thomas Construction Group, which also completed the upfit for the Aziz restaurant Origins at 102 Autumn Hall Drive, was awarded the contract to complete the interior (known as "upfit" in construct ...

Jan 6, 2023

Hospitality entrepreneurs recently bought property in Carolina Beach with plans to build a boutique hotel. Cove House LLC, managed by Robert Rosenberg and Carolina Beach resident Kaylie O’Connor, paid a little over $1.7 million for parcels that include 207 N. Lake Park Blvd., which holds the vacant Welcome Inn boarding house and a residence. O’Connor said ...

Dec 15, 2022

The Cape Fear chapter of Commercial Real Estate Women (CREW) recently announced the finalists and achievement award winners for the organization's 5th annual Awards of Excellence. "The awards, which focus on the rapidly growing Cape Fear Region commercial real estate sector, recognize excellence and leadership in commercial real estate," a news release sta ...

Dec 15, 2022

Maersk To Operate Pender Commerce Park Cold Storage Facility

By Johanna F. Still, posted Dec 15, 2022

One of the largest shipping container companies in the world will operate a cold storage facility in Pender County to facilitate the movement of refrigerated goods through the Port of Wilmington.  In 2020, global shipping giant Maersk acquired Performance Team, a third-party logistics company specializing in warehousing and transportation.  Performance Team ...

Dec 14, 2022

The Raleigh office of a global commercial real estate brokerage is in charge of attracting commercial tenants to Center Point, a major mixed-use development under construction in Wilmington. CBRE | Raleigh, a joint venture between principals local to the Triangle and Fortune 500 company CBRE Group Inc. (NYSE: CBRE), recently launched a marketing campaign centered around ...

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