In the commercial real estate game, reaching out to key economic development players is critical, a consultant told local brokers Thursday. “Make sure you reach out to them, let them know who you are, let them know the work that you do. Talk about the sites and buildings that you are representing and where there may be some data gaps,” said Crystal Morphis, ...

Officials with a Wilmington-based firm expect to start soon on the interior construction for one of the latest restaurants by well-known local restaurateur Ash Aziz. Thomas Construction Group, which also completed the upfit for the Aziz restaurant Origins at 102 Autumn Hall Drive, was awarded the contract to complete the interior (known as "upfit" in construct ...

Hospitality entrepreneurs recently bought property in Carolina Beach with plans to build a boutique hotel. Cove House LLC, managed by Robert Rosenberg and Carolina Beach resident Kaylie O’Connor, paid a little over $1.7 million for parcels that include 207 N. Lake Park Blvd., which holds the vacant Welcome Inn boarding house and a residence. O’Connor said ...

The Cape Fear chapter of Commercial Real Estate Women (CREW) recently announced the finalists and achievement award winners for the organization's 5th annual Awards of Excellence. "The awards, which focus on the rapidly growing Cape Fear Region commercial real estate sector, recognize excellence and leadership in commercial real estate," a news release sta ...

One of the largest shipping container companies in the world will operate a cold storage facility in Pender County to facilitate the movement of refrigerated goods through the Port of Wilmington.  In 2020, global shipping giant Maersk acquired Performance Team, a third-party logistics company specializing in warehousing and transportation.  Performance Team ...

The Raleigh office of a global commercial real estate brokerage is in charge of attracting commercial tenants to Center Point, a major mixed-use development under construction in Wilmington. CBRE | Raleigh, a joint venture between principals local to the Triangle and Fortune 500 company CBRE Group Inc. (NYSE: CBRE), recently launched a marketing campaign centered around ...

A Wilmington-based commercial real estate and development firm is looking into the possibility of working with New Hanover County on Project Grace, a proposal that would redevelop a county-owned block in downtown Wilmington. Cape Fear Commercial is evaluating what its role might be in Project Grace, an initiative that would transform the 3-acre block bordered ...

Port City Logistics is taking steps to make good on its plans to bring a large warehouse to the Port of Wilmington.  The Savannah-based firm submitted plans for its transload facility to city planners this week, proposing to construct a 151,200-square-foot warehouse. In August, the company acquired 42.2 acres of property owned by the North Carolina State Ports ...

Commercial real estate brokers at one of Wilmington’s busiest firms have teamed up with well-known office developers on a project coming to Leland. Lindsey Hess and Bryce Morrison of Cape Fear Commercial are partnered with Wilmington-based SAMM Properties on The Offices & Shoppes of Waterford, 2040 Olde Regent Way next to the Waterford Harris Teeter, according ...

As a new apartment community rises behind Hanover Center, national tenants are preparing to fill some vacant spaces in Wilmington’s first suburban shopping center, built in 1955. The largest new kid on the Hanover Center blocks will be Homesense, coming to 24,000 square feet in the former home of Stein Mart at 3501 Oleander Drive, which closed in 2020 after t ...