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Posted on Jun 14, 2021

Vacant Land in Leland, NC The featured listing for this month is 2.81 acres of vacant land for sale off of Mt. Misery Road in Leland, NC. This property is available for a variety of uses which makes it good for someone interested in any sort of commercial business. Continue reading for more information on this awesome vacant land in Leland! Property Details This lot of land has over 300 feet of road frontage and …Read More

Posted on Jun 09, 2021

The Cargo District is located in midtown Wilmington near downtown and is home to many new residents and businesses! Some of the businesses that call the cargo district home are Alcove Beer Garden, Mess Hall, Queen Street Barber Shop, EOD Distillery, New Town Roastery and Coworx. You can find a full list of community members here on the Cargo District website. Over the past few years, this cargo container community has grown tremendously and gained …Read More

Posted on May 27, 2021

Any type of investment comes with risks. Consequently, the higher the risk, the higher the potential for rewards or losses. There are also different risks associated with the different real estate assets. Risk is unavoidable with commercial real estate investing, but what you can do is educate yourself and act proactively in handling the risk. Here are 6 types of commercial real estate risks. Credit Also known as default risk. This is a risk that …Read More

Posted on May 20, 2021

Retail centers are planned and operated on a methodical formula. Typically, retail spaces like shopping malls or retail centers have an “anchor” tenant surrounded by various smaller tenants. That “anchor” tenant is what drives most foot traffic to the area. These can be a grocery store in a strip center, or a department store in a mall. There is typically one large store that attracts the majority of traffic for itself and the smaller businesses …Read More

Posted on May 13, 2021

The featured listing for this month is 5,496 square feet of retail space for lease in The Promenade At Market shopping center. This property is located in Wilmington, NC at the intersection of Market Street and Old Eastwood Road. This retail space is neighbors to various other businesses in the Promenade At Market shopping center including Carter Kayte Beauty Atelier, The Seasoned Gourmet and Johnny Lukes KitchenBar. This is a great retail opportunity for a …Read More

Posted on May 05, 2021

At the beginning of the year we evaluated the projected commercial real estate industry outlook for 2021. As we are approaching summer, we thought it would be a good idea to reevaluate the current market trends and see how things are going. It is always good to evaluate industry news and trends to understand how each CRE market is performing. This helps in knowing what to expect and can also help you make educated decisions …Read More

Posted on Apr 21, 2021

The Azalea Festival is a spring tradition in Wilmington that locals and tourists get to enjoy each year. Typically, the festival lasts for a week and is full of local vendors, shows, street food, fireworks, parades and concerts. Unfortunately, the festival was cancelled last year due to the pandemic. This year, as more people get the vaccine and things start to look up, the festival is a go! But with a twist. Here are some …Read More

Posted on Apr 14, 2021

The active listing for this month is a unique one! It is a riverfront property for sale located in Downtown Jacksonville, North Carolina. This property contains 2 parcels with a church building on one and a paved parking lot on the other. This is an excellent condo opportunity with boat slips into the river. Continue reading for more information on this featured listing!  Property Details This special purpose property is listed as an assembly/meeting place, …Read More

Posted on Apr 07, 2021

It’s no secret that Wilmington is a hustling and bustling city that is always attracting new businesses. As of recently, there are many different businesses across a variety of industries coming to the Wilmington area. We always welcome these new neighbors with open arms and are excited to see how they help improve our coastal town! Continue reading to learn about some new businesses coming to Wilmington.  Disaster Reconstruction Firm RestorePro Reconstruction opened their 6th …Read More

Posted on Mar 31, 2021

There are many different options for investing in commercial real estate. One popular way is investing in multi-family units such as duplexes, triplexes and apartment buildings. This is a great way to start in commercial real estate investing. It is rather simple to understand and is typically less complicated than investing in other commercial spaces such as offices, hotels or other retail spaces. While it is a popular investment option, it doesn’t mean it is …Read More

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