Real Estate - Commercial

Nov 11, 2020

Crews plan to break ground this week on a shopping center that will be anchored by a 78,000-square-foot Harris Teeter grocery store. Developer Dean Scarafoni, president of Live Oak Development Co., said The Crossroads at Independence (site plan shown below) and its massive Harris Teeter anchor are expected to be open by April 2022. Most Harris Teeter stores are 53,000 s ...

Nov 10, 2020

Lidl officials announced Tuesday that the grocery store's newest location in Wilmington is scheduled to host a grand opening Nov. 18 at Independence Mall, 3500 Oleander Drive. The store will open at 8 a.m. after a brief ribbon-cutting at 7:40 a.m, according to a Lidl news release. The store, the second Lidl in Wilmington and the 23rd in North ...

Nov 9, 2020

More Commercial Development Coming To Leland

By Christina Haley O'Neal, posted Nov 9, 2020

Pizzetta's Pizzeria will grow on its success in Brunswick Forest with a stand-alone building, one of many commercial developments slated to come to Leland. The recent land purchase for the new restaurant location was one of several commercial updates in an Oct. 27 message to residents from Brunswick Forest developer Jeff Earp of Funston Land & Timber. The Vil ...

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Burrus rob headshot 300x300

Robert Burrus
Cameron School of Business - UNC-Wilmington

Creating Customer Delight During The Covid-19 Pandemic

Posted Nov 11, 2020
This piece was contributed by the faculty members of the Cameron School of Business, who facilitated the research discussed: Donald C. Barnes, Jessica Mesmer-Magnus, Lisa L. Scribner, Alexandra Krallman and Rebecca M. Guidice

For many firms the importance of customer service during the Covid-19 pandemic decreased entire article
Nov 6, 2020

Cape Fear CREW Aims For Success

By Cece Nunn, posted Nov 6, 2020

Julie Andrews, marketing manager for Logan Homes, joined Cape Fear CREW in 2013.   “At the time I was working for a local master-planned community, and for me, it was just a really great opportunity to join in a networking organization that could help provide an opportunity to learn from other women,” said Andrews, who is this year’s president of C ...

Nov 5, 2020

Rail-centered Site Has Jobs Potential

By Christina Haley O'Neal, posted Nov 5, 2020

The former site of Vertex Railcar Corp., now being marketed as Wilmington Business Park, has the potential to have a significant impact on the region, local and regional economic developers say.   This 68-acre property with a combination of heavy manufacturing and office space is up for lease, owned by California-based Industrial Realty Group LLC.   “We ...

Nov 2, 2020

Mayfaire Town Center Owner Files For Bankruptcy

By Cece Nunn, posted Nov 2, 2020

The owner of Mayfaire Town Center has filed for bankruptcy. CBL & Associates Properties Inc. and its related entities filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, according to an announcement Monday. The filing gives the Chattanooga, Tennessee-based compa ...

Oct 29, 2020

Hose Manufacturer Moving Forward On Headquarters In Pender

By Christina Haley O'Neal, posted Oct 29, 2020

India-based hose manufacturer Polyhose Inc. will soon start building its new North American headquarters in Pender Commerce Park. The company has recently received the required building permits from Pender County officials and expects to break ground in November, with the "hopes to be ready to occupy by early May," Jonathan Pressler, the company’s s ...

Oct 28, 2020

New Pender Commerce Park Building Estimated To Cost Up To $11.5M

By Christina Haley O'Neal, posted Oct 28, 2020

Developers are in the due diligence period, planning a $10 million to $11.5 million industrial speculative building slated to come online in the Pender Commerce Park in late 2021. Ramm Capital Partners has lot 6 of the Pender Commerce Park under contract, said Chris Ramm, manager of the firm, on Wednesday.  The news comes following the end of the upset bidding p ...

Oct 16, 2020

Carolina Beach Road Storage Facility Changes Hands

By Cece Nunn, posted Oct 16, 2020

A Georgia-based firm recently purchased a self-storage facility on Carolina Beach Road. Reliant Real Estate Management LLC of Roswell, Georgia, bought the 438-unit facility, 7275 Carolina Beach Road, from Inlet Watch Development LLC, according to a news release from Cushman & Wakfield. New Hanover County property tax records show the sale price was $6.85 million. ...

Oct 2, 2020

Group Works To Highlight City’s Downtown

By Jenny Callison, posted Oct 2, 2020

Downtown Business Alliance (DBA) is highly visible these days as a program it pushed for – Downtown Alive – earns high marks from business owners and customers alike.   Born of the frustration of down­town restaurateurs and retailers at COVID-19 restrictions, Downtown Alive expands those businesses’s access to outdoor space for dining or mercha ...

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