Real Estate - Commercial

Feb 26, 2024

Six Carolina Beach properties, including the current site of the Seawitch Cafe & Tiki Bar, could be rezoned and developed into a hotel, restaurant and parking area. Nearby property owners recently received a notice of an upcoming community meeting to discuss details of a conditional rezoning request for 223, 225, 227, 235, 237 and 239 Carolina Beach Ave.  Th ...

Feb 23, 2024

A commercial real estate group based in the Wilmington area bestowed awards on three of its members. Hansen Matthews, partner in commercial real estate firm Maus, Warwick & Matthews, won the Realtors Commercial Alliance of Southeastern North Carolina (RCASENC) Lifetime Achievement Award. Realtors presented the award at Thursday's sixth annual Cape Fear CREW A ...

Feb 22, 2024

It took a lot of teamwork to realize a dream shared by Bevin Prince and her husband, Will Friend. Recess, Prince's cycling studio in Wilmington, had a couple of different addresses before securing a lease at The Forum, 1119 Military Cutoff Road, for a brick-and-mortar location. The evolution of Recess, which suffered the loss of co-founder Will Friend when he w ...

Ico insights


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Dave Sweyer
Sweyer Property Management

Insights into the 2023 Leasing Market in Wilmington, NC: What You Need to Know

Posted Jul 5, 2023
The leasing market in Wilmington, North Carolina, has been experiencing notable changes in 2023. With the local economy flourishing and the city's popularity as a desirable place to live, work, and play, it's essential to stay informed about entire article
Feb 21, 2024

Summerwalk's Second Phase Moves Forward With Rezoning

By Emma Dill, posted Feb 21, 2024

A proposal to build more than 175 apartments along with retail, restaurant and office space is moving forward on Oleander Drive after developers secured a needed rezoning this week. On Tuesday, the Wilmington City Council unanimously approved rezoning nearly six acres near the intersection of Greenville Loop Road and Oleander Drive for the second phase of the Summerwalk ...

Feb 20, 2024

The developers of an office building in the works in midtown Wilmington have secured an insurance company as a tenant. North Carolina Farm Bureau Mutual Insurance Co. will move its office in Hanover Center off Independence Boulevard to The Offices at Iron Gate at 2725 Iron Gate Drive, which is under development by Wilmington-based SAMM Properties Inc. Constructi ...

Feb 13, 2024

The owners of Biggers Market plan to continue growing their fresh food and farm goods business in Wilmington. They’re seeking the rezoning of 2.67 acres at 6208, 6216 and 6218 Carolina Beach Road to build a full-size market like the one Biggers operates at 6250 Market St. Biggers currently has a location on Carolina Beach Road that has expanded over the years. ...

Feb 7, 2024

Developer Chuck Schoninger, whose company developed and owns Port City Marina and Marina Grill in northern downtown Wilmington, recently bought 23 acres on Blue Clay Road. According to New Hanover County deeds recorded Jan. 30, he paid $1.5 million to Corbett Farming and Corbett Package companies for the property, where he plans to build flex warehouse space. A little o ...

Feb 7, 2024

Plans to bring a Circle K convenience store and gas station to the site of a former Walgreens on Dawson Street stalled Tuesday when Wilmington leaders denied a needed rezoning. With some citing concerns about how the proposal fits standards in the city’s Comprehensive Plan and into the surrounding area, the Wilmington City Council denied the rezoning in a 3-3 vote ...

Feb 6, 2024

New Hanover County leaders have greenlighted a rezoning that allows plans for a convenience store and other potential businesses to move forward in the Seabreeze area.  The rezoning faced pushback from neighbors who raised concerns about increasing traffic and congestion along Carolina Beach Road’s southern stretch. New Hanover County’s Board of Commiss ...

Feb 2, 2024

A sand mine off U.S. 421 is looking to expand its footprint onto more than 140 acres of land zoned for heavy industrial development. Situated just south of the border between New Hanover and Pender counties, 421 Sand Mine LLC has operated for more than 20 years, supplying sand to construction companies and local municipalities for beach renourishment and other uses. Now ...

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Chris 16239425

‘Creative,’ An Adjective To Describe Your Accountant?!

Chris Capone - Capone & Associates
Dave sweyer 300 x 300

Insights into the 2023 Leasing Market in Wilmington, NC: What You Need to Know

Dave Sweyer - Sweyer Property Management
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New Requirements for Small Businesses: Beneficial Ownership Information Reporting

Gretchen Roberts - Red Bike Advisors

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In The Current Issue

State Real Estate Leader Weighs In

"Forecasts from leading economists suggest a downward adjustment in interest rates by the middle of the year, a development that could notab...

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“AI is starting to weave itself into our social culture. Say you have a wearable on 24/7; you don’t even know it’s there,” said Morris Nguye...

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Brooke Rudd-Gaglie, vice president, director and practicing broker at Margaret Rudd & Associates Realtors, shares her tech and info picks....

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2023 Power Breakfast: Major Developments