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With hurricane season upon us, it’s important to not only prepare your home but your business as well. Getting ahead of the game and doing what you can to prevent damage will save you in the long run. We have experienced some strong hurricanes in the previous years, so this one is important! Here are a few tips on how to prepare your business for a hurricane. In our previous blog about what to …Read More
We spoke about the nation’s economic rebound in our previous blog, briefly talking about the rebound in the retail industry. Luckily, this retail trend is prevalent in Wilmington as we welcome numerous retail businesses to the area in the next year or so. Here are some of the retail trends in Wilmington and what they mean for our local economy. New Stores The Crossroads at Independence in Wilmington and the Crossroads at Carolina Shores in …Read More
We have been closely monitoring the commercial real estate industry performance this past year and half through the pandemic. While we have seen a variety of industry impacts as a result of the pandemic, it looks like we truly are seeing the light at the end of the tunnel now. Continue reading for some good news about the economy rebound. Economy Rebound Investing in commercial real estate continues to be a smart idea as we …Read More
The featured listing for this month is the Wilmington Executive Center. This listing is for the entire business park including 5030, 5034, 5036 and 5040 New Centre Drive. Continue reading for more information on this unique listing for sale. Property Details In total, this property provides 23,650 square feet of class b office space and sits on 2.34 acres of land. There are four separate office buildings in a garden-style office center. They are partially …Read More
Burnt Mill Business Park is a business center located in Midtown Wilmington between Randal Parkway and Covil Avenue. MWM broker, Steve Hall, has been the leasing agent throughout the new additions in the past couple of years. Now, there are proposals for a new building in the park to add additional space for new tenants. About Burnt Mill Business Park The first two buildings in the park were constructed in 1988, and since then, several …Read More
Commercial zoning tells you what you can do with a specific commercial property. There are various types and regulations to make sure an area is in good shape. Understanding commercial zoning is essential for both developers and investors, as failure to follow zoning laws can result in pretty serious consequences. What is Commercial Zoning In short, commercial zoning legislation regulates land use. Officials segment land into districts under their jurisdiction that determine how properties and …Read More
The featured listing for this month is 11,000+ square feet of medical office space for sale in Wilmington, NC. This freestanding building sits on 2.16 acres of land between S 17th Street and S 16th Street. Continue reading for more information about this property! Property Details This class b office building can be used as institutional space, medical space, office space, or research and development space. It is zoned O&I-1 and was built in 1990. …Read More
We recently had some exciting property sales and leases at Maus, Warwick, Matthews and Company. Our hardworking and knowledgeable brokers were busy working with some great clients and finding them the best properties for their businesses. We always love seeing the community grow and flourish with new neighbors and businesses. So, here are a few of our recent notable sales and leases. Sales This office space is located off of Oriole Drive in Wilmington, North …Read More
Governor Roy Cooper announced last week that the California-based manufacturer, Precision Swiss Products Inc. (PSP) will be relocating their headquarters and manufacturing facility to Brunswick County. This move to Southeastern North Carolina is expected to create 125 new jobs in the area in the upcoming years. This is great news for Southeastern NC residents! Continue reading for more information about this relocation. Who Precision Swiss Products is a California based manufacturing firm. They produce small, …Read More
The 2021 hurricane season began June 1 and will carry on for about 6 months until the end of November. Experts are expecting this year’s hurricane season to be quite active, following an active 2020 season too. Here is what you need to know about the 2021 hurricane season, as well as some tips on how to prepare for it. What to Expect Experts with the National Oceanic and Atmospheric Administration, are predicting 13-20 named …Read More
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