Real Estate - Commercial

Jan 13, 2023

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, ...

Jan 9, 2023

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 ...

Jan 6, 2023

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 ...

Ico insights


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Sarah Stone
Excite Credit Union

The Guiding Principles of a Credit Union

Posted Jul 15, 2022
Can you believe that credit unions have been around for almost 200 years? And yet, as a young adult, I must admit I didn’t even know what a credit union was prior to applying for a teller position at a little credit union in small-town America. Joining a credit union, both as an employee and as a member, turned out to be one of the best decisions I ever made personally and professionally. entire article
Dec 15, 2022

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 ...

Dec 15, 2022

Maersk To Operate Pender Commerce Park Cold Storage Facility

By Johanna F. Still, posted Dec 15, 2022

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 ...

Dec 14, 2022

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 ...

Dec 12, 2022

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 ...

Dec 8, 2022

Logistics Firm Submits Plans For Large Warehouse Near Port

By Johanna F. Still, posted Dec 8, 2022

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 ...

Nov 30, 2022

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 ...

Nov 29, 2022

National Retailer, More Coming To Hanover Center

By Cece Nunn, posted Nov 29, 2022

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 ...

Ico insights


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The Pie Chart of Deception

JC Lyle - Wilmington Area Rebuilding Ministry

Don't Forget the "B"

Hoop Morgan - The Forté Institute, LLC
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A Little More Communication, A Lot More Cohesion

Drew Smith - Copiers Plus

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In The Current Issue

Banking Industry Watchers Predict 2023 Trends

Bankers and financial advisers may have slightly different perspectives on what 2023 may bring, but taken together, they paint a diverse pic...

Gyms Pick Up On Strength Trend

More gymgoers, especially women, are picking up weights as part of their everyday fitness routine, prompting gym owners to accommodate their...

2023: A Look Ahead

While economic factors such as inflation and interest rate changes are expected to impact several sectors in the Wilmington area this year,...

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