Real Estate - Commercial

May 15, 2024

Local Furniture Company Expands With New Distribution Center

By Audrey Elsberry, posted About 9 hours ago

Custom Home, a Wilmington-based furniture company founded by brothers John and Kevin Gray, recently announced the expansion of its facilities with a 50,000-square-foot distribution center in the Leland Innovation Park.   The company will use the facility to store and distribute furniture for Custom Home’s four businesses, which include Custom Home Staging & ...

May 15, 2024

Wilmington Plans To Demolish Longtime Downtown Offices

By Emma Dill, posted About 11 hours ago

Wilmington plans to demolish its downtown office space at 305 Chestnut St. City officials posted a bid advertisement Tuesday for the demolition of the buildings near the corner of North Third and Chestnut streets. According to city spokesperson Dylan Lee, city leaders want to bid out the “full demolition” of the structures, including the removal of debris. ...

May 8, 2024

A handful of commercial projects are expected to go before Wilmington planning leaders early next month. Those projects include a proposed 253-unit apartment complex in Ogden, a 40-unit project along Independence Boulevard and re-submitted plans for a Circle K gas station on Dawson Street.  All are tentatively scheduled to go before the Wilmington Planning Commi ...

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Navigating the Road to Retirement: The Indispensable Benefits of a Well-Crafted Financial Plan

Posted Apr 30, 2024
As you approach the golden years of retirement, the significance of financial stability takes center stage in ensuring a comfortable and fulfilling life. A personalized financial plan tailored to your retirement needs and wants becomes not just a tool but a crucial compass guiding you through this pivotal phase of life. In this article, we'll delve into the specific advantages that crafting a ...read entire article
May 6, 2024

One of the largest private fermented beverage manufacturers in North America, FedUp Foods, on Monday announced an expansion into Wilmington using the facility formerly occupied by Tru Colors Brewing.   Sarah Mullins and Jeannine Buscher founded FedUp Foods in Asheville after making kombucha together for their children. Now, FedUp Foods manufactures kombucha, pre- an ...

May 3, 2024

Leland Eyes Commercial Growth

By Emma Dill, posted May 3, 2024

As Leland’s residential development booms, town leaders are taking steps to ensure that land zoned for commercial development meets its full potential. Leland encompasses just over 27 miles – roughly 17,400 acres – within its town limits, and just 5% of that area – about 872 acres – is zoned for commercial or office and institutional develo ...

Apr 29, 2024

Apartment Plans Move Ahead On Wooster Street

By Emma Dill, posted Apr 29, 2024

Plans for a new apartment complex are moving ahead near downtown Wilmington. The project, which site plans refer to as Sapphire on 5th, would include 82 apartments and just over 850 square feet of commercial space. Planned for 418 Wooster St., the complex is one of several residential buildings that have popped up in the Wooster Street corridor in recent years. Devel ...

Apr 26, 2024

On U.S. 421, an industrial building changed hands last week for nearly $12 million. The roughly 93,500-square-foot building at 3881 U.S. 421 has been home to Ferguson, a nationwide distributor of residential and commercial plumbing products, since 2009. Last year, the company extended its tenancy through 2033. The building is situated on a 9-acre tract, which include ...

Apr 25, 2024

Following last week’s announcement that a museum dedicated to Michael Jordan and his family won’t be moving forward as part of Project Grace, developers are reshuffling their plans for the downtown Wilmington site. Without the museum in the mix, Cape Fear Development, New Hanover County’s private development partner on Project Grace, is working to inco ...

Apr 25, 2024

Eric Shirley, a resident of Surf City for seven years, wanted somewhere to take his family when they were tired of the beach or the weather made hanging out outdoors undesirable. “At the end of the day, it just came down to – we spend a tremendous amount of money in other markets because there’s nothing to do here for young kids,” Shirley said. & ...

Apr 16, 2024

City Club, Event Center On The Market For $7.5 Million

By Emma Dill, posted Apr 16, 2024

The City Club of Wilmington, a private dining and social club, and its adjacent event venue St. Thomas Preservation Hall are on the market for $7.5 million. The real estate listing, which became public at the beginning of April, includes the two historic buildings and their existing businesses along with another small building currently leased by coffee shop Hidden Grou ...

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