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 ...

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). ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...