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Author Archives: eccrencadmin

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Investment Sale Announcement: $2.25 Million Retail Center

1206 N Lake Park Blvd, Carolina Beach – Cross Bridge Village

 

ECCRE brokers Julie Stephenson and Garry Silivanch represented the purchasers in the acquisition of Cross Bridge Village Shopping Center in Carolina Beach.

The property is anchored by Michaels Seafood and is located at 1206 N Lake Park Blvd. The Center is 12,600 sf and is a mainstay for tourists and locals with a great tenant mix.

Check out the story which was in the Greater Wilmington Business Journal Here! 

Congrats Julie and Garry!.

 

Julie Stephenson

Garry Silivanch


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Leased: 423 N College Road

Category : Lease Announcement

432 N College Road, Wilmington NC

ECCRE is excited to Announce that the property and building at 432 N College Road was leased to Industrial Supply Co. The Building is currently being renovated by the tenant and they look forward to opening in the spring!.

Congrats to Nick and Dave on the lease! Good Work.

Nicholas Silivanch

David Branton

 


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Leased: 312 S College Road – Wilmington NC – 1,200 sf

Category : Lease Announcement

Regional Power Center – For Lease – Wilmington NC

ECCRE is excited to announce the lease of 312 S College road, Unit 52. This 1,200 sf suite at University Centre was leased to Coastal Tux and is located next to Beautiful Brides of Wilmington. This makes the property perfect for those couples looking for a one stop wedding day shop.

Good Work Nick and Julie!.

Julie Stephenson

Nicholas Silivanch

 


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Investment Sale Closing – Mercantile Drive

Garry Silivanch, one of the firms partners, successfully closed on a 18,000 sf facility in Leland Industrial park last week. The 18,000 sf facility located at 2216 Mercantile Drive was recently leased by Garry who represented the ECCRE’s Client the Landlord.

Garry then after speaking with the client and moving on to phase 2 of ECCRE’s business plan for the property, sold the facility. This sale comes after Garry executed on the strategy of leasing the formerly vacate 18,000 sf building to a single tenant on a long term lease. He then put that investment sale out on the market, landing a contract within 48 hours of it being on the market.

The Sale brought a higher price for the owner than if it were to have been sold as is. This Lease up Disposition strategy is one of ECCRE’s core business pillars and one of our strengths.

 

Garry Silivanch

Great Job Garry!


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Broker Profile: Julie Stephenson

Category : Broker Profile

Julie_newweb

Julie Stephenson

Eastern Carolinas Commercial Real Estate is putting out some further information on our brokers this week. Todays Feature is Ms. Julie Stephenson. Check out some information you may not know about Julie in our post below.

 

About Julie:

Birthday: November 25, 1987
Favorite Ice Cream or something: Mint Choc Chip, (or Boykin Spaniels aka my little brown dogs)
Favorite Disney Hero/Heroine and why: Tinker Bell, because she is sweet, sassy, and determined!
Favorite thing to do alone: Drive
Favorite thing to do with people: Shoot skeet, duck hunt, go on a boat, drink a craft beer and listen to good music.
Favorite Period of History: The Eighties and Wild West! – I love the big hair and music as well as shooting things up with pistols.
Favorite Real World Person as an personal story: Barbara Corcoran from Shark Tank. She borrowed $1,000 from a boyfriend, quit her job as a diner waitress, and started a tiny real estate office in New York City.

On Julies Love of Commercial Real Estate:

What made you interested in CRE: Working for the founders of ECCRE and being the support to 3 brilliant brokers (Garry, Bernadette, and Nick Silivanch) to whom all produce a lot made me extremely interested in CRE. I know what it takes from an administration and broker stand point which that I find is very important for someone starting out in the business. It took me 2 years as an Office Manager to make the leap and get my license. Going to work every day is a feeling of excitement and I absolutely love what I do.
What area do your work in: Office, Retail, & Industrial
What do you want to be a master of: Office, Industrial, and Land Development
What are your specialties: My work ethic. I have a passion for working with people from all walks of life and cultures. I believe going that extra mile in servicing the public is very important. When someone doubts my ability to do something that gives me that much more motivation to succeed.

 

Check back this week for more profiles on David, Tricia, Nick, Garry and Bernadette.


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Sale: 10 Doctors Circle, Suite 1&2 – Supply, NC

Category : Property Closing

Eastern Carolinas Commercial Real Estate (ECCRE) Julie Stephenson & Bernadette Silivanch represented Wells Fargo Bank, National Association out of Texas in the Sale of the 6,050 SF office condo located at 10 Doctors Circle Suite 1&2 in Brunswick Medical Park. The Buyer, IRAP Investments, LLC is a Virginia Limited Liability company that purchased the medical office condo for $302,500.00 on March 2, 2017 as an investment. IRAP Investments LLC has the property listed with ECCRE to lease for $15.00 PSF NNN. From recent news, the U.S. Census Bureau stated that Brunswick County was ranked 2nd fastest growing in the U.S. With the high demand for medical facilities and expansions that’s happening around the Wilmington Area it won’t be unknown if this property gets leased by a medical user.


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Sell: 3973 Market Street, Unit A-B, Wilmington, NC

Category : Property Closing

ECCRE is excited to announce the sell of 3973 Market Street, Unit A-B, Wilmington, NC. Bernadette Silivanch was the lead broker on the transaction.  If there are any questions or comments on this deal please contact 910.399.4602.


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Leased: 60 Dream Ave, Delco, NC

Category : Lease Announcement

ECCRE is excited to announce the lease of the 5,000SF building located at 60 Dream Ave, Delco, NC to Lester Furniture. ECCRE represented the landlord. The Brokerage team for this transaction was Garry Silivanch and Bernadette Silivanch. If there are any questions or comments on this deal please contact us at 910.399.4602.


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Leased: 415 S College Rd, Unit 14 Wilmington, NC

Category : Lease Announcement

ECCRE is excited to announce the lease of 415 S College Road, Unit 14, Wilmington, NC (University Landing). The space was leased to Thai Roll Ice Cream. ECCRE represented the landlord. The Brokerage team for this transaction was Garry Silivanch, Julie Stephenson, and Bernadette Silivanch. If there are any questions or comments on this deal please contact us at 910.399.4602.


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Leased: 1250 Western Blvd, Jacksonville, NC

Category : Lease Announcement

ECCRE is excited to announce the lease of 1250 Western Blvd, Jacksonville, NC to Soffe, Inc. ECCRE represented the tenant, Soffe, Inc. The brokerage team for this transaction was Nicholas Silivanch and David Branton. If there are any questions or comments on this deal please contact us at 910.399.4602.