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Author Archives: eccrencadmin

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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!


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ECCRE Brokers Lead the Way – Two Place in the top 15 of Regional MLS.

Eastern Carolinas Commercial Real Estate brokers Garry and Nicholas Silivanch were ranked for 2017 among the highest sales volume brokers in the Wilmington Area Commercial MLS, know as the North Carolina Commercial MLS. This region encompasses a market place of South Eastern NC to Mid Eastern North Carolina with over 300 Commercial Brokers. Congrats on a great 2017!

Nicholas Silivanch – Partner

Garry Silivanch – Partner / Managing Broker

 

 

 

 

 

 

 

Nicholas was ranked #1 and Garry was Ranked #8 in the top 15 of the Commercial Brokers in Wilmington on Deals Recorded in the North Carolina Commercial MLS.


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Recent Lease – Franchise Representation – Peno Grill

Category : Lease Announcement

ECCRE Brokers Nicholas Silivanch and David Branton represented Peno Grill in a recent lease on Western Blvd in Jacksonville. This lease coincides with other locations ECCRE represented their franchisees on in Charleston and Myrtle Beach. Peno Grill continues to expand and grow throughout the South East.

Micah Grober with Atlantic Retail Properties Represented the Landlord in the transaction.


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Recent Lease – 5710 Oleander Drive Suite 100

Category : Lease Announcement

ECCRE Broker Nicholas Silivanch Represented Lifeline Treatment Center in the leasing of their new facility Located at 5710 Oleander Drive Suite 100.

Deedy Vincent of Cornerstone Realty Group represented the Landlord in the transaction which closed after Christmas.


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Recent Closing – 4618 Market Street – Wilmington NC

Category : Lease Announcement

4618 Market Street – Closed!

Eastern Carolinas Commercial is excited to announce the recent transfer of property. ECCRE brokers Nicholas and Garry Silivanch Brokered the Sale on behalf of the Seller of 4618 Market Street. Andrew Fallis with Swain and Associates represented the buyer in the transaction.

This property was on the market for 10 days before going under contract and Closing in mid December.


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Leased: Sherwin Williams to take 3,500 sf at new Dollar General Anchored Property

Category : Lease Announcement

ECCRE is excited to announce that it represented the developers in the leasing of 3,500 sf at 1126 N Lake Park Blvd to Sherwin Williams for a Build to Suite Long term lease. Brokers Nicholas Silivanch and Garry Silivanch represented the developers Par 5 Development in the lease, after having sold them the property earlier in the year to develop a location for Dollar General.

Dollar General is now open and the location and Sherwin Williams will be opening in the not to distant Future.

Congrats to Nick and Garry on a successful BTS lease.

 

Garry Silivanch

Nicholas Silivanch


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Property Closing: 1.13 Acres of land in North Chase Industrial Park

Category : Property Closing

1.13 Acres of vacant land located at 4545 and 4549 Technology Drive, Wilmington NC

ECCRE is excited to announce the sale of 4549 and 4545 Technology Drive. Brokers Nicholas Silivanch and Garry Silivanch represented the seller in the transaction.

The 1.13 acres of land is located in the North Chase Industrial Park and will become home to several new flex buildings. The purchaser plans on developing the property to have three to four buildings to accommodate industrial and office users.

Nicholas Silivanch

Garry Silivanch