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Monthly Archives: May 2018

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ECCRE Helps to Break Ground on Medical Center Drive, in Wilmington NC

Steve Arp, Brokers Nicholas Silivanch and John Hinnant

Eastern Carolinas Commercial Real Estate Participated in our clients ground breaking event for the new Holiday Inn Hotel on Medical Center Drive in Wilmington NC. The hotel will bring a new addition to a underserved area in Wilmington. The site which is 2 acres closed last year.

John represented the Sellers prior to joining ECCRE and Nick Silivanch Represented the purchaser, Steven Arp.

To read more on the transaction click here. 


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ECCRE Announces the Investment Sale of 1402 Audubon Blvd – Tenant White Koi Nail Studio

 

ECCRE is announcing the Cap Sale of 1402 Audubon Blvd a 2,000 sf suite. ECCRE represented the Seller in the transaction which closed at a 8.5 CAP. The property was recently Leased through ECCRE’s REAA program and then placed on the market as an investment sale.

The tenant looks forward to remaining in place and the purchaser is pleased with he addition of the asset.

ECCRE Team Members:  Nicholas Silivanch and Bernadette Silivanch represented the Landlord/Seller in the transaction.


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ECCRE Closes a 6.75 Cap Investment Sale with National Brand – Waffle House

 

ECCRE represented the Seller in the recent commercial real estate investment sale of a suite at 255 N Front Street. The Sale was of the suite occupied by the national brand restaurant chain Waffle House. The store recently opened after completing its renovations and was sold several weeks after opening.

Partner/Broker Nicholas Silivanch with ECCRE represented the Seller.

For the Wilmington Business Journal Article on the transaction click here 


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ECCRE Grows Again – Adds Broker John Hinnant to Company

 

John Hinnant – New Vice President at ECCRE

Eastern Carolinas Commercial Real Estate is excited to add John Hinnant to the Company.

John joins us a a Vice President and Broker. John will continue his focus on Downtown properties but is also going to be working on Office Investment Sales and Land Development / Assemblage.

John has been in the Wilmington Community for years and is a great addition to the ECCRE Team. We are excited to have him John add his knowledge and understanding of transactions to our company. We look forward to helping him grow his business for years to come.

For the Full Press Release on John Click this Link ECCRE Welcomes John Hinnant

For the Greater Wilmington Business Journal Article Click Here 

Welcome!