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Monthly Archives: February 2017

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Eastern Carolinas Commercial Real Estate In the News 2/23/2017

Mall Main Entrance

Mall Main Entrance

 

Eastern Carolinas Commercial Real Estate is in the news for a new project in Kinston, North Carolina. The Vernon Park mall one of the newest marketing projects for the company was in the news with the announcement of its sale. ECCRE is has the property on the market for $9,500,000.00 and is has started the analysis phase of the companies marketing strategy.

Partners and Brokers in the Firm, Garry Silivanch and Nicholas Silivanch were on site today when the local news outlets surprised us by showing up after our meeting with the mall’s property manager.

For more information on this exciting project check out these announcements here.

WNCT News 

WITN News 

WCTI News

For a link to the listing on our website click here. 

For a link to the property marketing information. 


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ECCRE Represents both sides in Industrial Lease Transaction

Category : Lease Announcement

Screen Shot 2017-02-20 at 10.37.19 AM

 

Brokers with Eastern Carolinas Commercial Real Estate Represented the Landlord and Tenant in the recent leasing of a smaller industrial/office campus on Blue Clay Road to Carolinas Comfort Air.

The facility at 1805 and 1809 Blue Clay roads is a total of 15,680 sf.

Congrats to Julie Stephenson and Tricia Macalka Respectively on their representation of the Landlord and Tenant in the transaction.

Click Here for the story in the Wilmington Business Journal


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Vernon Park Mall – Now Represented by Eastern Carolinas Commercial Real Estate

Category : New Listing

Mall Main Entrance

Mall Main Entrance

Eastern Carolinas Commercial Real Estate has been hired to help Re-tenant and sell the 623,000 +/- sf Vernon Park Mall in Kinston North Carolina. This mall sits on a 34.23 acre campus at the corner of Hardee and Vernon Roads or Hwy 70 Business in Kinston.

The property has various unit sizes and presents as a excellent redevelopment opportunity for the right user.

Call ECCRE at (910) 399 4602


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Closing Announcement – 1031 Medical Center Drive

Category : Property Closing

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Closing on 1031 Medical Center Drive – 2 Acres

 

ECCRE represented the purchaser in the closing on 2 acres for a new Holiday Inn Express in Wilmington NC.

The site is located at the corner of Silver Stream and Medical Center Drive. We were excited to represent and continue to represent the purchaser in acquisitions of hotel sites in our market.

To check out the full announcement on the story click here. 


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Buyer Representation – New Closing on Medical Center Drive

Category : Property Closing

ECCRE is excited to announce the closing on approximately 2 acres of land on Medical Center Drive. ECCRE’s Nicholas Silivanch represented the buyer of the parcel and Maus Warwick and Matthews John Hinnant represented the seller.  The Closing occurred last Friday.

Congrats to the Buyers and Sellers on a successful transaction.


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New Lease – Further Market Space Reduction Announced – 1500 sf on S. College

Category : Lease Announcement

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Former Seahawks Book store conversion to Kava Kratom Lounge

ECCRE is excited to announce the lease of unit 17 at University Landing. This suite was leased to Nicole Denny who plans to open a Rooted Kava Lounge which is a tea house that focuses on specialty teas. She leased 1500 sf at the center located at 419 S. College.

Julie Stephenson and Garry Silivanch represented the Landlord in the long term lease.

ECCRE has some remaining space at the center for information on how to lease at University Landing click here. 


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Eastern Carolinas Commercial Real Estate – Company Update

Eastern Carolina Commercial Real Estate is excited to make the following announcements about our Brokerage Team and Company Staff.

Promotions – Julie Stephenson, our longtime office manager has completed her North Carolina Licensing Exam and has obtained her Real Estate License. Ms. Stephenson has migrated into a new role with the firm as a Broker. She is working on many opportunities to gain as much experience as possible, but plans to focus on development and investment. She is going to be a excellent addition to the Brokerage  Team and is a Rising Star Candidate.

New Hires:

Tricia Macalka – Tricia Joins ECCRE from DR Horton. She has extensive sales experience and is now looking forward to working in the residential land development sector of the commercial real estate market. Current gaining experience in Industrial, Retail and Site Selection she is clearly a Rising Star in the Regional Marketplace.

Britney Yurchek – Has joined ECCRE to be a Brokers Assistant / Administrative assistant to the firm.


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Academy Sports Coming to Wilmington

updated-site-map

 

ECCRE is excited to be a part of this transaction. We also have 20,000 sf remaining at the Property. This is a Build To Suite opportunity and the space will be delivered in the fall of 2017.

Academy Sports Wilmington Location will be 62,500 sf and is located at the Intersection of S.College (I-40) and Market Street (Highway 17).

Call us for more details!.

Property Website Click Here

For the Business Journal Article Click Here.