A virtual community roundtable Tuesday will focus on Project Grace, a $107 million project that would transform a New Hanover County-owned block in downtown Wilmington into new public and private facilities. Wilmington Downtown Inc. President and CEO Holly Childs will share the current vision and next steps with panelists who include:   Dane Scalise, WDI B ...

Eleven of the 12 highest-priced real estate sales in New Hanover County in 2020 were apartment deals, according to county tax records. The Wilmington apartment community transactions totaled nearly $360 million. The only non-apartment transaction in the top dozen (coming in at No. 8) was the $21.7 million paid by Publix Super Markets for the Publix-anchored ...

A developer recently purchased a little over 3 acres in Surf City for the site of a Tractor Supply Co. store.  Surf City Development Group LLC paid $530,000 for the property at 22761 U.S. 17 in the Pender County town and started preparing the site this week for a more than 22,000-square-foot store. The store is expected to be complete by July, said David Long of ...

While some major develop­ment projects in the works in the Wilmington area are progressing, others are on hold for a variety of reasons.   Northern Gateway   The Northern Gateway project planned for downtown Wilmington is an example of a development that has stalled. Early on in the pandem­ic, in April last year, city officials said the $90 million ...

Most of a major commercial area in Leland is under new ownership. The Yelverton family bought The Villages at Brunswick Forest, excluding some outparcels, for $16.8 million in December from entities managed by Lord Baltimore Capital Partners LLC. The Villages at Brunswick Forest is situated in front of the Brunswick Forest master-planned community in Leland. The Y ...

Developers are planning another 90,000-square-foot office building for Wilmington-based banking software firm nCino, according to site plans submitted to the city of Wilmington. The new building would be the same size as nCino's current headquarters at 6770 Parker Farm Drive and adjacent to it, along Cavalier Drive by Mayfaire Community Center, the site plans by LS3 ...

Texas-based coworking and hospitality company Common Desk recently opened the doors to its downtown Wilmington location. Building owner East West Partners hired Monteith Construction Corp. to transform the historical Gaylord Building, 226 N. Front St., into three floors of Common Desk flexible coworking, office and event space. Wide Open Tech, a firm founded abo ...

Plans for The Avenue, a more than $200 million development to be built on Military Cutoff Road in Wilmington, are proceeding but could include some changes, particularly to what gets built first, as a result of COVID-19. Roy Carroll, owner of The Avenue development firm The Carroll Companies, said in a recent interview that construction on the development’s anchor ...

Cape Fear Commercial Real Estate Women (CREW) is accepting entries for the 2021 Cape Fear CREW Awards of Excellence. The deadline is Jan. 29.  The awards, which will be held April 29 at the Wilmington Convention Center, recognize excellence and leadership in commercial real estate throughout the Cape Fear Region, including the city of Wilmington and the cou ...

A partnership that includes local developers in December purchased the Wilmington headquarters office building of growing fintech company nCino.  The property is at 6770 Parker Farm Drive behind Mayfaire Community Center. nCino, which provides cloud-based banking software to banks around the world, has additional office space at Mayfaire. Cloud Real Estate Holdi ...