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Posted on Jan 07, 2021

Thankfully, 2020 shaped up to be a pretty good year for us here at Maus, Warwick, Matthews & Company. At the end of this past year we had a couple of successful property transactions including office space sales and retail space leases. Great job to our wonderful team!

5,168 SF of Office Space Sold

This nicely appointed, free standing office building is located in the heart of Wilmington, NC off of Park Avenue near Independence Mall. This property was recently renovated with class A finishes. It has 8 private offices, large open bullpen areas, conference room, reception area, a full kitchen as well as ample parking space. 

This class A office space’s intended uses are for normal office space, high tech office space and research and development. It is made of 5,168 square feet of space and sits on 0.47 acres of land. It sold for $1,400,000 on December 14th, 2020 with the help of our listing agent, Steve Hall. 

Recent MWM Property Transactions

1,675 SF Office Space Leased

This property is also located in the heart of Wilmington near the S. College Road and Oleander Drive intersection. This class B office space is zoned RB and available for mixed use. It’s ideal location at the signalized corner of Oleander Drive and 42nd Street allows for great signage and exposure to all of the traffic on Oleander Drive. 

This office space is operating on a modified gross lease and was leased on December 21st with the help of the listing broker, Steve Warwick, and the leasing broker, John Futch

Recent MWM Property Transactions

3,000 SF of Retail Space Leased

This mixed use retail space is located in the historic South Front District in Wilmington, NC. This area is flourishing with numerous unique apartments, offices, restaurants, bars, parks and other businesses. It is an ideal spot for both business owners and those looking to live in a vibrant, urban area. 

This property was leased on December 28th by our listing agent, Steve Hall. Additionally, it is operating on a triple net lease and is zoned UMX. You can learn more about the South Front District here. We have enjoyed watching this community grow and expand and are happy to be a part of that process. 

Recent MWM Property Transactions

We are proud of these property transactions and how 2020 played out, and are excited and expected for 2021! If you are interested in buying, selling or leasing any commercial space this year, contact us

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