Call us at (910) 399-4602, Email Contact@eccrenc.com
or drop by our office at
4922 Randall Parkway Suite D
Wilmington, NC, 28403
A member of our T.E.A.M will respond so we can begin working on your Real Estate Solution
Representation in Commercial Real Estate
- Investment, Sales and Leasing
Retail
- Landlord and Tenant Representation
Development Services
- Preleasing, Consultation and Property Management
Real Estate Asset Analysis
- Strategies tailored to your Commercial Real Estate Needs
Industrial and Office
- Landlord and Tenant Representation
Welcome to ECCRE
Eastern Carolinas Commercial Real Estate
"Real Estate Solutions delivered in Real Time"
More than just a Sign in the Ground
Our Properties
Our Properties are across the Eastern Carolinas. Click Here to view our opportunities
Our Services
As a Commercial Real Estate Firm, we offer Landlord and Seller Representation, Buyer and Tenant Representation as well as Advisory Services. Our Methodology for representing a client brings sustainable success.
Our Team
Our Team of Professionals have the skills, background and talent to make Real Estate Solutions happen in Real Time
Featured Properties
1,150 +/- SF Retail/Office Space Available for Lease in 17 Social Apartments!
This commercial space is located at 17 Social apartment community located at the corner of S. 17th Street and Greenfield Street. The property has direct access to 17 from the traffic light. The space is located on the first floor steps away from the leasing office.
Space is currently in vanilla shell condition and ready for tenant upfit.
We are seeking a low traffic user for the space.
The unit will have immediate access to the residents of 17 Social with 270 apartments on the property.
Landlord is will to provide some TI.
2.40 Acres Hard Corner Land For Lease!! – Castle Hayne, NC
This 2.4+/- Acre parcel is well-positioned at the intersection of North College Road and the rapidly developing Blue Clay Road.
Cape Fear Community College sits at the opposite corner of the intersection
The property has been conditionally rezoned to accommodate a 5,000 square foot convenience store with fuel pumps and car wash. Property layout included in the attachments.
Take advantage of the continued development in the area by claiming this location. With water/sewer being installed along Sidbury Road and New Hanover County announcing a new business park to the rear this area is going to pop!
Property is for ground lease only
Click HERE for more information!
More Info
Seahawk Landing Office Space Available
1,400SF of Office Space For Lease centrally located on S. College Rd in the mixed-use strip center, Seahawk Landing. This beautiful office space is ready for business on day one. It is fully built out with a conference room, a large reception area with a custom built in front desk, 3 private offices, 1 office set up for shared workspace with a custom built in desk, 1 copy room/office supply room with custom built ins, 1 IT office, or these could be used as private office spaces. The bathroom is located in the common area right outside the entrance.
Click HERE for more information!
More InfoHave you seen the newest projects coming to Leland, NC? Click the links below for more information on the projects. Beer Distributor: https://www.wilmingtonbiz.com/real_estate_-_commercial/2022/10/19/construction_underway_for_beer_distributor_in_leland/23771?utm_source=MadMimi&utm_medium=email&utm_content=WilmingtonBiz_com+Real+Estate+Update&utm_campaign=20221021_m170066507_10%2F21%2F2022+WilmingtonBiz_com+Real+Estate+Update&utm_term=_0D_0A_09_09_09_09_09_09_0D_0A_09_09_09_09_09_09Construction+underway+for+beer+distributor+in+Leland More Housing Proposal: https://www.wilmingtonbiz.com/real_estate_-_residential/2022/10/20/thousands_of_acres_%E2%80%93_and_potentially_thousands_of_homes_%E2%80%93_on_lelands_agenda/23788?utm_source=MadMimi&utm_medium=email&utm_content=WilmingtonBiz_com+Real+Estate+Update&utm_campaign=20221021_m170066507_10%2F21%2F2022+WilmingtonBiz_com+Real+Estate+Update&utm_term=_0D_0A_09_09_09_09_09_09_0D_0A_09_09_09_09_09_09Thousands+of+acres+_E2_80_93+and+potentially+thousan
Read MoreWilmington NC MSA Market Update – Market News and Comparable Property Stats
Hello and thank you for coming to watch the Market Report. We had fun creating this video and welcome your feed back. There are two buttons below. 1. Has a PDF with the links to the stories if you would like to read them. 2. A link to contact us. If you have any comments
Read MoreCommercial Real Estate Property Pricing Through July 2022
As COVID forced a mass exodus from major metros, tertiary markets such as Wilmington, NC continue to thrive. See the chart below for comparison.
Read MoreWilmington Innovation Park Discussion
About the new innovation parks and the growth plan for Wilmington/New Hanover Counties manufacturing, storage and flex space opportunities.
Read MoreQuarter 3 Industrial Vacancy % in Wilmington Metro
3rd Quarter Wilmington Metro Industrial Vacancy Rates Nicholas Silivanch, Broker and Partner with Eastern Carolinas Commercial Real Estate discusses the current Vacancy Rates in the Wilmington Metro Area.
Read More3rd Quarter Retail Vacancy Report
Vacancy Rates in the Wilmington NC Metro Area Nicholas Silivanch, Partner and Broker at ECCRE discusses the vacancy rates in the Wilmington Mia, Covering Carolina Beach, Monkey Junction, Midtown, Mayfair and Porters Neck. Plus a shout out for potential new operators in the Market… PF CHANGS we want you!
Read MoreBuyers Agency in Commercial Real Estate
About Buyers Agency in CRE David Branton, BIC and Partner with ECCRE discusses Buyers Agency with a Brief Overview of what it is.
Read MoreHappy Earth Day 2022
Happy Earth Day – Here is a friendly reminder to protect the environment & live a more sustainable lifestyle!
Read MoreThermo Fisher Scientific Announces PPD Building For Sale
HOT TOPIC ALERT: The sale of the PPD building downtown Wilmington leads to many potential opportunities for the area. The sale consists of 400,000+/- sq ft of class A office space for a larger employer to expand or bring more office users to New Hanover County. There is also a redevelopment possibility which could widen
Read MoreQuotes from David Branton In Wilmington Biz Magazine
Have you read the Wilmington Biz Magazine for Spring of 2022 yet? If not, click the link below and read our Broker In Charges comments on the forecast of commercial real estate! https://www.wilmingtonbiz.com/…/commercial_real…/22996
Read MoreOgden: Rezoning For Potential Bank
Dallas Harris Land Company, LLC are planning to rezone their lot at 7491 Market St Wilmington, NC 28411 to add a 2,400 square foot bank. The bank will have accesses from Torchwood Boulevard and Market Street and will provide drive thru windows for fast service. There are still some rising concerns from local citizens. Read
Read MoreWhat does an increase in regulatory costs mean for Commercial Real Estate? Read More Here! -> https://www.nahb.org/news-and-economics/industry-news/press-releases/2021/05/regulatory-costs-add-a-whopping-93870-to-new-home-prices#:~:text=Regulations%20imposed%20by%20all%20levels,of%20Home%20Builders%20(NAHB) #commercialrealestate #commercialproperty #northcarolina #wilmingtonnc #lelandnc
Read MoreDid you know that Amazon has chosen to build a 142,000 square foot distribution center at Pender Commerce Park? Read more about this amazing headliner news here–> https://www.wilmingtonbiz.com/real_estate_-_commercial/2022/03/17/amazon_to_build_distribution_center_in_pender_create_100_jobs/22982?utm_source=MadMimi&utm_medium=email&utm_content=BREAKING+NEWS%3A+Amazon+to+build+distribution+center+in+Pender%2C+create+100+jobs&utm_campaign=20220317_m167027777_BREAKING+NEWS%3A+Amazon+to+build+distribution+center+in+Pender%2C+create+100+jobs&utm_term=Click+for+more #commercialrealestate #northcarolina #wilmingtonnc #commercialproperty
Read MoreIt’s your lucky day!! 🍀 A 1,400SF of Professional Office Space for Lease centrally located on S. College Rd in the mixed-use strip center, Seahawk Landing. This beautiful office space is ready for business on day one! Call Kelly Silivanch at 910-399-4602 for more information! #commercialrealestate #northcarolina #wilmingtonnc #commercialproperty #stpatricksday
Read MoreMeet our broker Nicholas Silivanch! Working in Commercial Real Estate since 2008, Nick enjoys working with Developers, Investors, Tenants, and Landlords. Nick has recently hit a sales milestone of $100,000,000 in closings! Nick focuses on Hospitality, Multi-family, and Retail sectors in Commercial Real Estate. To learn more about our Team, visit our website –> https://eccrenc.com/our-team/
Read MoreDid you know? Construction on U.S. 17 has started!! Read more HERE –> https://portcitydaily.com/…/429m-hampstead-bypass…/… #commercialrealestate #commercialproperty #wilmingtonnc #lelandnc #northcarolina
Read MoreReady to move or start a salon? ECCRE has a well established LA Hair Salon in the Leland area with three stylist renting booth space and booth space for additional stylist! This salon is located in the Food Lion anchored strip center off Mt. Misery Road. Surrounded by residential homes with over three miles to
Read MoreBroker Spotlight!! John Hinnant is our company VP and Broker. He has been involved with economic development and commercial real estate since 2007. John specializes in site selection for businesses, urban infill development, zoning/land use changes and investment properties. To learn more about John, Click Here —–> https://eccrenc.com/our-team/ Call us today for your commercial real
Read MoreDID YOU KNOW that when your lease increases, these escalations are commonly linked to the Consumer Price Index? Call or visit our website for any commercial real estate questions you have and talk with one of our brokers! 910.399.4602 www.eccrenc.com #commercialproperty #commercialrealestate #wilmingtonnc #northcarolina
Read MoreAre you looking to move your business to Downtown Wilmington, NC? Don’t miss out on this 3,400+/- sq ft Retail space on the corner of Grace St. and N Front St. Designed by David Lisle, this beautiful Retail Space with wood floors, 14′ tin ceilings and great window exposure. Within 2 city blocks of over
Read MoreBroker Spotlight!! David Branton is our company Broker in Charge and specializes in multi-family and infill land properties! For decades worth of commercial real estate insight for tenants OR sellers, give us a call at 910-399-4602! #commercialproperty #commercialrealestate #wilmingtonnc
Read MoreFRIDAY FUN FACTS! Learn a little more about NNN’s and what that means for tenants! For more insights into commercial real estate and what we can do for you go to —> www.eccrenc.com #commercialrealestate #wilmingtonnc #commercialproperty
Read MoreLeased in 48 HOURS?! Our amazing team of brokers, David Branton and Nicholas Silivanch, signed, advertised, and closed 423 North College in record time. Give us a call or visit our website for your commercial property listing and buying needs! www.eccrenc.com #wilmingtonnc #commercialrealestate #commercialproperty
Read MoreBROKER SPOTLIGHT: If you’re thinking about buying or selling commercial property, Kelly Silivanch specializes in Office, Retail, and Tenant Representation! Give her a call (910) 399-4602 #wilmingtonnc #commercialproperty #commercialrealestate
Read MoreLearn more about our company and team at https://eccrenc.com/company-history/ #wilmingtonnc #commercialproperty #commercialrealestate
Read More“Market Research Firm To Bring Tech Hub, 40 Jobs To Wilmington” – Wilmington Business Journal
Tech business expansion in Wilmington just got bigger with the addition of of a new tech hub in the downtown area opening in November! This upcoming marketing firm is planning on adding at least 40 job opportunities to Wilmington. Our own broker John Hinnant represented Suzy in the transaction of the business location at 319
Read More“National spotlight shines on Wilmington, its flourishing entrepreneurial community” – WRAL Tech Wire
Ranking to #81 in the world as best EMERGING startup ecosystem, Wilmington is seeing an increase in media notice and new businesses! Check out this awesome article by Jim Roberts featuring one of our brokers, John Hinnant! Click here to read more
Read More“New Owner, Tenants For Carolina Beach Road Retail Center” – Wilmington Business Journal
Growth and expansion at Summer Hill Square as two new tenants join the area! The ECCRE Team used its investment sale methodology know as REAA’s to securing two new leases – 3rd Street Brazilian Jiu Jitsu and Fitness and Dog Face Brands – and renewed another tenant. Learn more about the purchase of 1930 Carolina
Read MoreClient Feedback!
We are always happy to hear feedback from previous or current clients! We want to give a special shout out and thanks to Steven Palmer for his awesome testimonial! “I have had several commercial units under management with ECCRE for a number of years. They have done an exceptional job for me. From keeping units
Read MoreAcquisition of 403 Melton Road
“Real Estate Solutions delivered in Real Time” Aerial view of the 1.99 acre industrial land Eastern Carolinas Commercial Real Estate Inc is excited to announce the closing in June of 403 Melton Road, a 1.99 acre industrial property. Garry Silivanch and Parker Pelham of ECCRE represented the purchaser, New Hanover Paving in its purchase of
Read MoreLease of 2010 N Kerr Avenue
“Real Estate Solutions delivered in Real Time” Eastern Carolinas Commercial Real Estate Inc is excited to announce a recent lease signed at 2010 N Kerr Avenue. Garry Silivanch and Parker Pelham of ECCRE represented the landlord, Green Eagle Realty Co., LLC in the leasing of the property. Slawyer Corp represented the tenant, RavensGuard Academy. The
Read MoreRezoning of the Budgetel and Motel 6
“Real Estate Solutions delivered in Real Time” Eastern Carolinas Commercial Real Estate Inc is excited to announce that the Property located at 4903 Market Street, where currently the Budgetel and Motel 6 are located was approved to transition from hospitality zoning to Multifamily High Density. This will turn the two flagged property into 234 efficiency
Read More“Taking a Look at Like-kind Exchanges”- Wilmington Business Journal
Changes on the horizon for realtors, sellers, and investors 🌅 Check out “Taking a Look at Like-kind Exchanges” by Cece Nunn and featuring our own partner Nicholas Silivanch, for more on 1031 like-kind exchanges. http://www.wilmingtonbiz.com/real_estate_-_commercial/2021/10/01/taking_a_look_at_like-kind_exchanges/22390
Read MoreSale of 1930 Carolina Beach Road
“Real Estate Solutions delivered in Real Time” Eastern Carolinas Commercial Real Estate Inc is excited to announce the closing of 1930 Carolina Beach Road, also known as Summer Hill Square, a 3,800 sf retail strip center. ECCRE represented the Seller, Natson Enterprises in its disposition of the property. Carolina Commercial Investment Properties, represented the purchaser
Read MoreReZoning of 50.79 acres at 94 Green Swamp Rd
“Real Estate Solutions delivered in Real Time” Aerial view of the 50+ acres outlined Garry Silivanch and Parker Pelham of Eastern Carolinas Commercial Real Estate represent the Galloway Family and their three parcels of land consisting of 50.79 +/- acres. The property is approximately 850 +/- ft from Hwy 211 and Hwy 17 intersection’s present
Read MoreSale of 51.37 acres on Mount Misery Road
“Real Estate Solutions delivered in Real Time” Eastern Carolinas Commercial Real Estate Inc is excited to announce the sale of six parcels totaling just over 51.37 acres in Leland, North Carolina. Eastern Carolinas Commercial Real Estate represented the sellers, Pura Vida Partners LLC in the transaction. The sellers had recently acquired the final part of
Read MoreAcquisition of 5214 Market St
“Real Estate Solutions delivered in Real Time” Eastern Carolinas Commercial Real Estate Inc is excited to announce the closing of 5214 Market Street, also known as Market Street Station, a 15,400 sf retail strip center. ECCRE represented the purchaser, Claude Smith Enterprises in its purchase of the property. Cape Fear Commercial Represented the Sellers, Spirikas
Read MoreFull Occupancy Hit, Sigmon Commons 5225 Sigmon Rd
“Real Estate Solutions delivered in Real Time” Eastern Carolinas Commercial Real Estate Inc is excited to announce the final lease at Sigmon Commons, bringing this center to 100% occupancy. The ECCRE Leasing Team was hired in May to lease the center and was successful within three months of listing the property to lease the 4,000
Read MoreLease up of 1930 Carolina Beach Road
“Real Estate Solutions delivered in Real Time” Eastern Carolinas Commercial Real Estate Inc is excited to announce two recent leases signed at 1930 Carolina Beach Road, also known as Summerhill Square. The two new Tenants are 3rd Street Brazilian Ju Jitsu owned by Tom Watkins, and Big Dawg Productions a screen business owned by Jermaine
Read MoreBudgetel and Motel 6 to be Reimagined – Addresses Workforce Housing Shortage in Wilmington NC.
4903 Market Street, Wilmington, NC – Redevelopment of existing Hotels into Apartment Rentals to address Wilmingtons WorkForce Housing Need. ECCRE’s Hospitality Team is excited to announce the recent contract exectuion and subsequent rezoning submittal for the Budgetel and Motel 6 in Wilmington NC. The Purchaser is looking to convert the 7.8 acre site with 230
Read MoreECCRE adds Junior Broker to Brokerage Team – Welcome Parker Pelham
ECCRE is excited to Welcome Parker Pelham to the Brokerage Team as a Junior Broker. Parker is working with Garry, David, John and Nick to learn the various Commercial Real Estate Vertical Markets and choose an area to work within. Parker is originally from Richmond, VA but spent his summers in Delaware where he was an
Read MoreClosed : Office Sale : Midtown Wilmington – 402 Carl Street
Eastern Carolinas Commercial Real Estate is excited to announce the closing of a office condo at 402 Carl Street. The three combined units were formally used by Tropical Tans. Purchased in 2019 by James Mastronardi owner of Ultra Tan, James wanted to rebrand the location and was in the process of doing so when COVID
Read MoreClosed : 311 Railroad Street – Wallace, North Carolina.
Eastern Carolinas Commercial Real Estate is excited to announce the recent closing on 311 Railroad Street in Wallace NC. This 63,100 sf facility was leased by eGourmet who is now the owner. This is the third location this distribution company owns nationally. ECCRE Brokers, John Hinnant and Garry Silivanch were involved in the sale
Read MoreGiggles Drop in Child Care Expands – New Franchisee Location – Huntersville
ECCRE is excited to announce the recent lease transaction for a local concept growing regionally. Giggles Drop in Childcare’s franchisee Michael Vincent recently leased a space in Huntersville, NC at Torrence Village. The Space is a reduction in a Mattress Firm unit and with its prime location this childcare provider is primed to provide the
Read MoreHotel Closed – Redevelopment to Begin
Eastern Carolinas Commercial Real Estate is excited to announce the recent closing of 2828 Market Street. The former Amerivu hotel sale closed in December. For more information please click the link to the attached Press Release. ECCRE Brokers John Hinnant and Nicholas Silivanch represented the Sellers in the multi-million dollar closing. The story was
Read MoreWilmington is hottest spot in nation for Relocations !!!!
As any Wilmington Native can tell you, we have one of the best places to live in the county. Great year round climate, tons of activities and plenty of access to beaches, waterways and parks. Now the nation appears to have figured that out. This link will take you to a story on www.WECT.com which
Read MoreCLOSED! 0.33 ac of Land in Midtown
ECCRE is excited to announce another closing! After targeting several trades as the ideal user, ultimately the perfect buyer was identified in a landscape services company. We are excited to see their business grow with this acquisition. Good work John! Need assistance with selling a lot or two? Contact ECCRE at 910.399.4602
Read More
CLOSED! 2100 SF Building on .14 acres Downtown Wilmington UMX Property
ECCRE is excited to announce the closing of 1414 S 7th Street, Wilmington NC. The owners Hired ECCRE to help them quickly sell their property and the Team at ECCRE was able to get that accomplished. The UMX Downtown property was under contract within three days after listing. Nicholas Silivanch a Broker and Partner with
Read MoreIndustrial 4 dock high, one drive in-15,000- 18,000 +/- SF LEASED!
ECCRE just leased a 18,000 S/F 12,000 S/F warehouse 2,800 S/F office and 2,800 production space. We look forward to working with you on all of your industrial sale or leases. Contact Garry at 910.619.2163
Read MoreMultifamily Land Development Acquisition : 17 Social
Eastern Carolinas Commercial Real Estate is excited to announce that their client DPJ Residential has purchased 7.8 +/- acres on South 17th Street for a new multifamily development called Social 17. For more information and to view the site plan please click the links below. Brokers represented DPJ Residential are Partner Nicholas Silivanch and Broker
Read MoreNew Listing Alert! 1802 S 17th Street – 12000 +/- sf of medical office space For sale or Lease
ECCRE is excited to announce the listing of 1802 S 17th Street, a former Wilmington Health Medical office in Wilmington NC. This property is located in the medical district of Wilmington. This former Wilmington Health OB/GYN office building. This property has easy access from 17th street and 16th street. From the Portico to reception
Read MoreKerr Avenue Retail-Commercial Space Leased!
ECCRE is excited to announce the recent lease closing at 251 S. Kerr Avenue Unit B. This unit is 887 SF and is located in front of the Landing at Oak Court Apartments. The new tenant is a fruit juice and smoothie concept run by a local family. This center is the perfect place to
Read MoreWE’VE MOVED!
WE’VE MOVED! Our new address is : 4922 Randall Parkway Suite D Wilmington, NC 28403 910-399-4602 WWW.ECCRENC.COM We look forward to doing business with you at our new location!
Read More3729 Carolina Beach – SOLD
ECCRE is excited to announce the recent sale of 3729 Carolina Beach Road. The property located at the intersection of Carolina Beach Road and Independence Blvd closed at $800,000.00 This 2 acre parcel comes with Stormwater Detention and all utilities in place making it a ready to go site. The new owners are based out
Read MoreRecord Setting Lease – 348 S College Road
ECCRE is excited to announce the successful leasing of 348 S College Road, Unit A. It was formerly Payless shoes. The New Tenant Goodnight Sleep Store is set to open in August / September. With the tremendous traffic on S College Road, an estimated 75,124 Traffic Counts this 2530 sf unit is located with prime
Read MoreWilmington Market Overview Report End of June
Click here for the end of June Market report on the Wilmington MSA Wilmington June Report MSA Summary
Read MoreWilmington Office Report 2019 End of Q2
Please click here for the end of Quarter 2019 Office Market Report
Read MoreWilmington Retail Report 2019 End of Q2
Please click here for the Retail Report for End of Quarter 2019
Read MoreWilmington Industrial Report 2019 Q2
Please click here to download the Wilmington Industrial Market Update. Industrial Market Report
Read MoreECCRE – Sells Medical Office Building at 6.1 CAP
1725 New Hanover Medical Center Drive Sold – $5,314,590.00 Seller: WILCAR Properties Purchaser: Confidential New Real Estate Product Nets one of the best Cap Rate’s in Southeast North Carolina ECCRE is proud to announce the successful sale and closing of 1725 New Hanover Medical Center Drive, a NHRMC leased building for $5,316,000. The sale was
Read More14-1 Doctors Circle Medical Space LEASED!
Eastern Carolinas Commercial Real Estate is excited to announce the leasing of 14-1 Doctors Circle at the Brunswick Medical Mile in Leland! This medical units was recently leased to a health care provider. Brokers Garry Silivanch and Bernadette Silivanch represented the Landlord in the transaction.
Read More2,351 SF +/- Mixed Use Historic Office Building In Downtown SOLD
ECCRE is excited to announce the closing of 720 Market Street in Downtown Wilmington. This 2,351 SF +/- mixed use space with office space on the ground floor and living space on the second floor. The seller for 720 Market was relocating to the west coast, and we are proud
Read More1320 SF +/- Industrial Flex Space in Dutch Square Sold!
ECCRE is excited to announce the closing of 6420 Amsterdam Way. This 1,320 SF +/- open floor concept is fully conditioned and offers a 12′ overhead door and 14′ ceilings. The quick sale of 6420 Amsterdam Way demonstrates the shortage of this property type in our market. If you think
Read More.24 AC+/- Lot With 1,256 SF+/- Office Space Sold
ECCRE is excited to announce the closing of 2801 Market Street. This office space is located along one of the busiest corridors in Wilmington. This transaction occurred exceptionally fast with a limited due diligence period that the sellers were happy to entertain. ECCRE Broker David Branton represented the seller
Read MorePorter’s Neck Center Lease Signed!
ECCRE is excited to announce the recent lease signing with Coastal Hemp in Porters Neck Center. This 1,534 SF unit is located in the second phase of the development closed at $22PSF NNN. Coastal Hemp is a natural and organic boutique that specializes in the sale of Hemp, organic cotton, bamboo and other natural products.
Read More19,300 +/- SF Industrial Building Leased in Kinston, NC
ECCRE is excited to announce the recent 5 year Lease of a 19,300 SF +/- Industrial building in Kinston, NC. The property was originally built in 1954 and served as a car dealership. Located at the corner of Dr. MLK Jr. Blvd and E. Highland Avenue this location offers access points and great visibility from
Read MoreAnother Franchise Location Leased!
ECCRE is excited to announce the recent leasing of 1,050 SF +/- at Woodlawn Point. This Publix anchored center is in the thriving Atlanta sub-market of Marietta. As the first Roll On In location in the state of Georgia, this will be the first of three store expansion in the greater Atlanta metro. ECCRE Broker
Read MoreSnows Cut Crossing Lease Announcement ! 2400 sf Leased
ECCRE is excited to announce the recent leasing of 2,400 sf at Snows Cut Crossing. The Food Lion anchored center in Carolina Beach. The vacancies had just recently hit the market when Keith Blomendall of Dutch Built Homes, leased the spaces for his offices and for his new venture, Direct Flooring. ECCRE represented the Landlord
Read MoreCross Bridge Village Unit F/G LEASED!
ECCRE Is excited to announce the recent Leasing of Unit F/G in Crossbridge Village with Eric’s Ice Cream. This property is located at the gateway to Carolina Beach in a prime commercial corridor and offers 1,200+/- SF. This long term NNN Lease was completed by Julie Stephenson, Broker at ECCRE. ECCRE represented the Landlord in
Read More308 Old Dairy Road – Leased
Eastern Carolinas Commercial Real Estate is excited to announce it represented the Tenants in leasing a 43,000 sf +/- industrial building in the Dutch Square Industrial Park. Commercial Realities John Hinrichs represented the Landlord in the Lease Transaction. The Tenant plans on opening their facility in the coming months and is excited about the potential
Read MoreIndustrial Building at 3310 Fredrickson Road LEASED
ECCRE Is excited to announce the recent Lease signing by Innovative Delivery Systems. This Industrial climate controlled space offers 18,000 S/F 12,000 S/F warehouse 2,800 S/F office and 2,800 production space. Warehouse ceiling heights 16′ and 25′. Office 10′ and 12′. Five dock high doors. One drive in door. Fenced secured lot. Ample yard space. This
Read More414 Chestnut Street Office Space LEASED
ECCRE is excited to announce that Roberts Law Group has Leased 414 Chestnut Street Unit 3 in the Chestnut Commons office building. Centrally located in downtown Chestnut Commons offers elevator access as well as a secured entrance area. The 843 SF +/- space includes 3 offices and a secretarial area as well as shared common
Read More3224 North College Restaurant Space LEASED!
ECCRE is excited to announce the recent Lease signing by Roll On In which will offer sushi burritos and bowls. Located in the North Chase Shopping Center at 3224 N College Road, this space features 2,400 +/- SF and was previously occupied by Flaming Amy’s Bowl. ECCRE Broker John Hinnant represented the Landlord and David
Read More3971 Market Street Office Space LEASED
ECCRE is pleased to announce the Leasing of commercial office space at 3971 Market Street. TLC Operations Inc. Tammy Lynn Center For Developmental Disabilities is the new tenant. Brokers David Branton and Bernadette Silivanch represented the Landlord.
Read More423 N College Rd LEASED
ECCRE is excited to announce the Lease signing of Revel 42 Golf Carts and Power Sports at 423 N. College Road. This 4,000+/- sq ft building was a former Hardware and Pawn shop. David Branton and Nicholas Silivanch represented the Landlord in the transaction.
Read MoreBarefoot Square in Castle Hayne Business Condos LEASED
ECCRE is excited to announce that Life Force Church has leased 2 units in the Barefoot Square Shopping Center at 1915 North County Drive in Castle Hayne. John Hinnant and Bernadette Silivanch represented the Landlord.
Read MoreDowntown Closing Announcement
Eastern Carolinas Commercial Real Estate is excited to announce the recent closing on a $4.3 Million dollar sale by Partner/Broker Nicholas Silivanch and David Branton, who represented the buyer on the contract. The purchaser plans to start construction on the apartments in the spring. The Developer who has also developed
Read MoreSnows Cut Crossing Lease announcement !
ECCRE is excited to announce the lease of unit 20 at Snows Cut Crossing in Carolina Beach, This center has had low turnover and very rarely has small shop space available. Tip Top Frames is going to be moving in and getting ready to open for business this fall. Congrats and good luck Tip Top
Read MoreLeased – 3705 Carolina Beach Road
Wilmington is getting a new major auto repair facility in South Eastern Wilmington. Located at 3705 Carolina Beach Rd, this 11,509 sf facility was formerly a Gerber Collision Repair center. Leased in July of 2018 the facility will now be used by Car Star. Car Star is a growing national brand auto repair center.
Read More804 S Kerr Ave – Closed
ECCRE is excited to announce the closing of 804 S Kerr Ave. This tract of land was purchased by Wilmington Brew Co, the adjacent owner of 824 S Kerr Ave. The property transfer was completed in July for $350,000.00 for the 2.9 acres. David Branton Represented the Sellers in the transaction!
Read MoreWilmington Retail Market Report End of Second Quarter
The Wilmington Metro Area Retail Market report is showing increased leasing, increased rental rates on average and increased demand with a shortage of smaller commercial spaces readily available for lease. With new planned shopping centers in the works the demand for space should keep up with the development of space. We have the renovations
Read MoreWilmington Multifamily Market Report
Wilmington has seen a massive growth in the Apartment sector with over 5,000 new units completed and another 884 under construction and 1800 in planning. This growth will continue to be absorbed as our region is one of the more desirable places for retirees, college students and families to move to. Investment in the marketplace
Read MoreEnd of Quarter 2 – Wilmington Industrial Market Report
The Wilmington industrial market according to the report enclosed in this posting is very tight right now. The on market inventory is low, rental rates have grown year over year to a now market high of $8.00 per sf + NNN. The smaller flex market is very tight with limited availability while the larger
Read MoreA school grows and leases new space ! 220 Avondale Suite 103 is Leased
ECCRE is excited to announce the recent lease transaction with Southern Choice Real Estate School. Owner Lee Eatmon, recently leased 220 Avondale Drive, Suite 103 in Wilmington North Carolina. ECCRE represented the Landlord in the lease transaction. The Tenant and Landlord are very excited with the lease, and both of them came together to provide
Read More13.1 Acres Sold in New Bern – NC
Eastern Carolinas Commercial Real Estate is excited to announce the closing on 13.10 acres of commercial land and a 10,000 sf building in New Bern North Carolina. The tract of land is located on the left hand side of the road as you drive into New Bern on Hwy 17. ECCRE represented the Seller of
Read MoreRecent Closing – 3015 Boundary Street Suite 10/11
ECCRE is excited to announce the recent sale of the 2,000 sf of Industrial Flex Space in the North Kerr Industrial Park. The Owner Nix Investments was represented by ECCRE in the Sale to Ron Worthington a private owner. The sale closed in May. Brokers Nicholas Silivanch and Garry Silivanch Represented the Seller in
Read MoreRecent Lease Transaction – 219 Station Road
ECCRE is excited to announce the recent lease signing by Prestige Scientific for a new office space location at 219 Station Road. The New Facility will allow for the company to expand. They signed a long term lease for the office suite, which they plan to grow into. Brokers Nicholas Silivanch and Barry Padgett Represented
Read MoreWhen Grocery goes bad – Case In Point on Development Hazards
When a site makes sense for a developer, it is hard to pass up. When a site has a tenant or occupier who is interested as well in the site, its almost perfect. That is the case study here on the Lidil deal on 17th street where the developer had once of the users for
Read MoreECCRE Helps Axes Fly in Wilmington … Literally
ECCRE is excited to announce the following transaction brokered by Julie Stephenson. The property formerly known as Red Barn Theater will now become Axes and Allies, a Axe throwing venue serving wine and beer. For more details check out the Greater Wilmington Business Journal Article here.
Read MoreECCRE Helps to Break Ground on Medical Center Drive, in Wilmington NC
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
Read MoreECCRE 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
Read MoreECCRE 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
Read MoreECCRE Grows Again – Adds Broker John Hinnant to Company
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
Read MoreECCRE 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
Read MoreRecent Lease – Franchise Representation – Peno Grill
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
Read MoreRecent Lease – 5710 Oleander Drive Suite 100
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.
Read MoreRecent Closing – 4618 Market Street – Wilmington NC
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
Read MoreLeased: Sherwin Williams to take 3,500 sf at new Dollar General Anchored Property
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
Read MoreProperty Closing: 1.13 Acres of land in North Chase Industrial Park
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
Read MoreInvestment Sale Announcement: $2.25 Million Retail Center
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
Read MoreLeased: 423 N College Road
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.
Read MoreLeased: 312 S College Road – Wilmington NC – 1,200 sf
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
Read MoreInvestment 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
Read MoreBroker Profile: 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
Read MoreSale: 10 Doctors Circle, Suite 1&2 – Supply, NC
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
Read MoreSell: 3973 Market Street, Unit A-B, Wilmington, NC
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.
Read MoreLeased: 60 Dream Ave, Delco, NC
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.
Read MoreLeased: 415 S College Rd, Unit 14 Wilmington, NC
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
Read MoreLeased: 1250 Western Blvd, Jacksonville, NC
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.
Read MoreLease for 6504 Falls of Neuse Rd, Raleigh, NC
ECCRE is excited to announce the completed lease for 6504 Falls of Neuse Rd, Raleigh, NC. ECCRE represented the tenant, Giggles Drop in Daycare, in the expansion from Cary into North Raleigh. The brokerage team for this transaction was Nicholas Silivanch and David Branton. If there are any questions or comments on this deal please
Read MoreClean Eatz Lease: 1843 Lejeune Blvd, Jacksonville, NC
ECCRE is excited to announce the lease of 1843 Lejeune Blvd, Jacksonville, NC. ECCRE represented the tenant, Clean Eatz. The brokerage team for this transaction was David Branton and Nicholas Silivanch. For any questions or comments on this please contact us at 910-399-4602.
Read MoreSoffe Inc Lease Completion: 4600 E 10th St, Greenville, NC
ECCRE is excited to announce the newest lease completion for Soffe Inc. Soffe will be opening a location at 4600 E 10th St, Greenville, NC. ECCRE represented the tenant, Soffe Inc. The brokerage team for this transaction was Nicholas Silivanch and David Branton. If there are any question on this deal please contact us at
Read MoreLeased: 1405 S. Glenburnie Rd, New Bern, NC
ECCRE is excited to announce the completion of a long term lease to relocate RHA Health Services to New Bern, North Carolina. ECCRE represented the landlord. The brokerage team for this transaction was Garry Silivanch and Nicholas Silivanch. For any questions on this deal please contact us at (910) 399-4602.
Read MoreSublease and Lease Extension Completed for 5543 Carolina Beach Rd Unit 140
ECCRE is excited to announce the Sublease and Lease extension for the former Hot Pink Cake Stand in Myrtle Grove Shopping Center. ECCRE represented the owner of Hot Pink Cake Stand in the negotiation of a 1.5 year sublease, 3 year lease extension, and the sale of equipment. The brokerage team for this transaction was David Branton and
Read MoreWilmington 1st Quarter Market Update
The First Quarter in Wilmington deals were completed across all sectors at a break neck speed. ECCRE can report we closed $10,250,000.00 in business in the first quarter through sales and leases completed in, New Bern, Greenville, Wilmington and Brunswick Counties. Current Quarter is tracking to exceed the previous by a substantial Margin. Some General
Read MorePar 5 Development closes prepares to Start Construction on Dollar General
ECCRE announces the closing at 1128 N Lake Park Blvd for $1,160,000.00 acre site Dollar General will be anchoring the site with some additional shop space. For more on the Developments Story Click Here. In addition Harris Teeter has also gained momentum in the permitting process and will soon start construction on their site,
Read MoreGround Breaking in Wilmington: Academy Sports and Outdoors
ECCRE is excited to announce that the official ground breaking for the Academy Sports and Outdoors occurred on April 17th. The Site will also play host to an additional tenant of 20,000.00 square feet who is actively being recruited to the market. Shout out to Coastal Contracting and Construction’s David Edmonds and New South
Read MoreECCRE is a featured company in this Wilmington Article
Eastern Carolinas Commercial Real Estate and Cape Fear Commercial Real Estate were featured companies in a Wilmington Business Journal Article recently. The Article speaks to companies that are home grown and have expanded outside of the Wilmington Metro area. ECCRE which now operates in the marketing of properties in 10/50 counties in Eastern North Carolina.
Read MoreECCRE Announces New Hire
ECCRE announces the new addition of Alexis Milas to the firm. Ms Milas will be the firms marketing director and will also be a broker.
Read MoreLast Unit Leased at 6400 Carolina Beach Road, Masonboro Commons Shopping Center
Eastern Carolinas Is excited to announce a third retailer has come to the Masonboro Commons Shopping Center. This completes the open vacancies at Masonboro Commons. David Branton and Nicholas Silivanch Represented the Landlord in the transaction. For future inquires as to leasing at 6400 Carolina Beach Road, please call (910)
Read MoreECCRE Announces $9.25 Million Sale of Harris Teeter Center in Greenville NC
Eastern Carolinas Commercial Real Estate represented the Seller and Purchaser in the sale of Bells Fork Shopping Center in Greenville NC. The center sold for $9.25 Million representing a 7 Cap. The stability of the marketplace and the property made the center a great opportunity for the buyer to expand their portfolio of Grocery Anchored
Read MoreEastern Carolinas Commercial Real Estate In the News 2/23/2017
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
Read MoreECCRE Represents both sides in Industrial Lease Transaction
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
Read MoreVernon Park Mall – Now Represented by Eastern Carolinas Commercial Real Estate
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
Read MoreClosing Announcement – 1031 Medical Center Drive
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
Read MoreBuyer Representation – New Closing on Medical Center Drive
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.
Read MoreNew Lease – Further Market Space Reduction Announced – 1500 sf on S. College
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
Read MoreEastern 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.
Read MoreAcademy Sports Coming to Wilmington
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)
Read MoreECCRE Ends 2016 with Three New Hires
Eastern Carolinas Commercial Real Estate, one of the youngest Commercial Real Estate Firms in the Eastern North Carolina Market Place, based in Wilmington ended 2016 by promoting Ms. Julie Stephenson upon her completion of the Real Estate Licensing Course and having her join the Brokerage Team at ECCRE. In addition Ms. Tricia Macalka, formerly of
Read MoreECCRE – Announces New Leases – Tenant Representation
Eastern Carolinas Commercial Real Estate is excited about the recent leases that two of their regional Tenants have completed. Giggles Drop in Childcare leased 3800 sf at Crosspointe Shopping Center in Jacksonville for the newest franchisee. The Space is currently going to be demoed with opening planned for Q1 2016. Soffe Womens Apparel has leased
Read More7125 Market Street – New Development to continue in Ogden Submarket of Wilmington
1.3 Million Dollar Closing by ECCRE Eastern Carolinas Commercial Real Estate is excited to announce the sale of 7125 Market Street to a Mini Storage Developer. This 4.86 acre tract of B-2 Land located behind Bojangles and Advance Auto Parts off the future Lendire Road connection, will provide a excellent opportunity to those in
Read MoreLeon Capital Group Completes Purchase of 17th Street Land
Arbor Commons Ready to move to Development Phase Eastern Carolinas Commercial Real Estate is excited to announce that their client in the acquisition of 10 acres of commercial land spread over three tracts has completed their purchase, moving now to development phase. Arbor Commons a grocery anchored mixed use development in Midtown Wilmington is now
Read MoreSave Echo Farms Movement Opens Pandoras Box
This is strictly Opinion as a practitioner of real estate. A purchaser wants to purchase a piece of property – Check A seller wants to sell the property – Check Property is zoned appropriately – Check …. Deal moves forward. The Save Echo Farms movement wants rezone property they are not a party to in
Read MoreGarry Silivanch Quoted in the Wilmington Business Journal
Garry Silivanch, Partner and Broker In Charge for Eastern Carolinas Commercial Real Estate, was quoted in the Wilmington Business Journal regarding the state of the local market place. Check out the Story by clicking here.
Read MoreHurricane Matthew Area Reports
ECCRE’s team and staff fared well through the storm. Most of our clients properties did as well. To those who are affected through power outage, tree damage or other events, our thoughts and prayers are with you.
Read MoreCarolina Crossing – The Yellow Iron is moving
ECCRE is excited that Development is now underway at Carolina Crossing. The Development of Circle K is under way at this hard corner. Check out the pictures! Also check out the development opportunity by clicking here. We have 2.2 acres left for development, BTS, Ground Lease or sale. Stormwater has capacity for impervious surface
Read MoreMr. Phix Leases new space in Ogden Commons – Marking three locations in Wilmington Metro
Mr. Phix a Wilmington based cell phone and pc repair company has leased a location in Ogden Town Center. They plan to start renovations and open this fall in suite 3. Mr. Phix marks their third location and third opening with ECCRE Representing the Tenant. Congrats Ted on your newest venture!. Mr. Phix is also located
Read MoreSnows Cut Crossing – Tenant Update
This past weekend Charlie Graingers, one of the fastest growing concepts in QSR opened their doors at Snows Cut Crossing! Welcome to the Center Charlie Graingers. www.charliegraingers.com
Read MoreAudubon Blvd Office Space Leased
2,998 sf of office space has been leased to a growing technology firm. ECCRE was happy to represent the landlord in the transaction and Bryce Morrison of Cape Fear Commercial Represented the tenant.
Read MoreBurn Body Boot Camp Leases 5,000 sf at Bayshore Commons
Unit A-2 a 5,000 square foot retail space has been leased to Burn Body Boot Camp, a fitness studio franchise. The Tenant is a franchisee of the popular Charlotte fitness company. For more information check out the release in the Greater Wilmington Business Journal. Click here.
Read MoreEastern Carolinas Commercial Real Estate Relocates
ECCRE has moved from 5129 Oleander Drive to 432 Landmark Drive in Wilmington. Tripling their square footage in the process. You can read the Greater Wilmington Business Journal Article here. Click Here
Read MoreArbor Commons in the News
Eastern Carolinas Commercial Real Estate is excited about one of its projects! Leon Capital Group the developer and Client of Eastern Carolinas Commercial Real Estate, had a successful rezoning petition last night with the City of Wilmington for Arbor Commons. Arbor Commons is a new grocery anchored center which will also feature a new 3
Read MoreJanuary thru end of May 2016 Transaction Tracker
Eastern Carolinas Commercial Real Estate is excited to show the transaction leaderboards for 2016 through the end of May for two reasons, since we made the switch to the new North Carolina Commercial MLS system, the over experience has been amazing for the ease of use and ease in locating data and trends. The first
Read MoreEnd of May 2016 – Commercial Real Estate Market Update
Eastern Carolinas Commercial is excited to show this end of May Market Update news from the North Carolina Commercial MLS. These PDFs show by trade area, the category of property type (i.e. Office, Industrial, Retail) and shows the amount of listings, asking rates for sale or lease and days on Market. The report concludes with the total
Read MoreMasonboro Commons Shopping Center – Unit 3 Leased
Unit 3 Leased – 1200 sf to become a Martial Arts Academy! Eastern Carolinas Commercial Real Estate is excited to announce this Retail Grocery anchored center Lease! Unit 3 at Masonboro Commons, a Food Lion anchored center located at 6400 Carolina Beach Road has now been leased to Coastal Martial Arts Academy. We are excited
Read More1316 South Fifth Street, Wilmington NC SOLD!
1316 South Fifth Ave, Wilmington NC Commercial Real Estate Sold Eastern Carolinas Commercial Real Estate is excited to announce the sale of 1316 South Fifth Avenue. This 7300 Sf facility was purchased by a owner operator who is going to use the building for the foreseeable future. Congrats to both Parties!. If your interested in
Read MoreGarry Silivanch Sells Apartment Community in Wilmington NC
Garry Silivanch, partner with Eastern Carolinas Commercial Real Estate recently closed a transaction for with his client in the sale of a multifamily investment in Wilmington NC. 10 townhouse were packaged together in Madeline Place located at 4804S College Road. The Cap Rate investment sale was right at the targeted amount to bring the seller
Read MoreSnows Cut Crossing Hits 100%
Eastern Carolinas Commercial Real Estate is excited to Announce that Snows Cut Crossing has hit a lease threshold of 100% occupancy. The center is currently taking back up applications for lease should space become available. We are excited about this property closing out its last remaining space on a Long Term Lease. As a Recap
Read MoreHampstead Station Reaches 100% Occupancy on Existing Units
Eastern Carolinas Commercial Real Estate is excited to announce the completion of the existing space at Hampstead Station and Reaching 100% Occupancy at the center. With the addition of a Cafe and Bakery, to be named as Burnies of Hampstead and a local Consignment store called Cloes Closet the centers last two units have been
Read MoreEastern Carolinas Commercial Real Estate – Investment Sale Notice
$7.7m Investment into Coastal NC Shopping Center Market Eastern Carolinas Commercial Real Estate, Inc is excited to announce its brokerage of the shopping centers known as Hampstead Station Shopping Center (14547 Us Hwy 17, Hampstead NC) and Masonboro Commons Shopping Center (6400 Carolina Beach Road, Wilmington, NC). ECCRE’s Client Caliber Capital is the new landlord
Read MoreECCRE announces several new listings
ECCRE is excited to announce the listings of several great new opportunities for sale and for lease. 2.9 acres in the Town of Carolina Beach is now available for purchase. Offered at $1,200,000.00 the property is zoned Highway Commercial and is located across from Carolina Beach’s Town Hall. These three lots are sold as
Read MoreHampstead Station – Potential Outparcel
Hampstead Station has a potential outparcel for Build to Suite or Ground Lease. The property can accommodate up to 4000 square feet potentially. For more Information call ECCRE at (910) 399 4602 or email us at Contact@eccrenc.com
Read MoreECCRE completes small shop lease up at University Centre – Junior Box Remains
Eastern Carolinas Commercial Real Estate is excited to announce that small shop leasing as of January 1st 2016 was completed at University Centre. The only remaining space available for lease is a 22,500 sf junior box. We are excited to have closed out leasing with Mariner Finance and Go Vape! as our last additions to
Read MoreECCRE represents Purchaser is sale of 7135 Market Street
Eastern Carolinas Commercial Real Estate, is proud to announce the closing of 7135 Market Street, roughly 4.5 acres of land with improvements located in Ogden Submarket of Wilmington NC. The property is located behind the Bojangles and Auto Zone at the Middle Sound Loop stoplight. The property will have access to the New Lendire Road
Read MoreECCRE represents Purchaser in $1.55 Million dollar sale
Eastern Carolinas Commercial Real Estate is excited to announce that their client Leon Capital Group, Closed on the property at the corner of Independence and Carolina Beach Road. Purchasing the property for $1.55 Million and advancing the sale with marketing of the property post closing. The Property has a retention/stormwater pond in place which
Read MoreBayshore Commons – Leasing Update – Suite B-12 – Leased
Eastern Carolinas Commercial Real Estate is excited to announce the leasing of Suite B-12 at 8107 Market Street, Wilmington NC 28411. Bayshore Commons the Regions newest shopping center being built in the Porters Neck Submarket continues to see the availability of space reduce across the board. Our other tenants are shown below. We are excited
Read MoreBayshore Commons – Leasing Update – Suite A-1 Leased
Eastern Carolinas Commercial Real Estate is excited to announce that Bayshore Commons has gained another Tenant – Suite A-1 at 4,000 square feet has a new tenant. Located at 8107 Market Street, this Walmart Anchored Super Center is gaining tenants at a steady rate and only has a few remaining spaces. Our Tenant Plan shown
Read More220 Avondale Ave – Leased
Eastern Carolinas Commercial Real Estate is proud to announce that 220 Avondale Ave has been leased to a long term tenant. It super exciting to see this excellent 2000 square foot office unit have a new user.
Read MoreBeau Rivages Markeplaces new tenant ready to Phix your devices
We are excited that Beau Rivage Market Place has gained a new tenant. Mr. Phix PC owned and operated by Ted Glackin is officially a tenant at Beau Rivage Market Place located at 5916 Carolina Beach Road, Suite 120.
Read MoreThree Great Articles on Wilmington North Carolina
The following three links will take you to a three part series by the Chamber of Commerce on Wilmington and how our City is considered a dark horse in the tech field. Its great to see the words “no longer a sleepy beach town” in a national article. Overview Article by the Greater Wilmington
Read MoreCity of Wilmington Considers one of ECCRE’s Clients Properties
Check out this article on how the City of Wilmington is considering purchasing one of Eastern Carolinas Commercial Real Estate Bank Owned properties. 414 Chestnutt Street, Wilmington NC Article
Read MoreCommercial Real Estate Update – Wilmington NC – New Wetlands Cropping up
Due to recent weather conditions it looks like there are now some new wetlands and other bodies of water that New Hanover, Pender and Onslow County will have to account for in planning future growth and development. Check out Lake New Centre Drive… it features the only dockside service Golden Corral in Wilmington and maybe
Read MoreSoutheastern North Carolina 3rd Quarter Retail Market Update
Retail Lease Rate Update Q3 2015 Metro Southeastern North Carolina a trade area made up of Brunswick, New Hanover, Onslow and Pender Counties had a uplifting third quarter. There were 22 transactions for the quarter with a total of 56,270 square feet leased. The average lease rate was $14.45 per square foot. The largest lease was 7,400 square
Read MoreCorning Credit Union Expands at Fulton Station
ECCRE is excited to announce the expansion of Corning Credit Union at Fulton Station. CCU has taken Unit 115 to grow their location at 3715 Patriot Way. This growth will allow them to better serve their growing customer base in the area. At ECCRE we provide “Real Estate Solutions in Real Time”
Read MoreLeased – Fulton Station – True Rest Coming Soon
Lease at 3715 Patriot Way Unit 131 If interested in Fulton Station Click here for remaining lease options Eastern Carolinas Commercial Real Estate is excited to announce the recent lease transaction with True Rest. True Rest is a new therapeutic concept designed to help people obtain a greater state of relaxation. We are excited about their arrival
Read MoreEastern Carolina Commercial Presents a new virtual Tour of Masonboro Commons, a Food Lion anchored Shopping Center
Masonboro Commons, a Food Lion anchored shopping center at 6400 Carolina Beach Road, is a center where we have three vacancies ready for immediate occupancy. Check out our Virtual Tour of the property here and call to schedule your showing. Delivering “Real Estate Results in Real Time”
Read MoreEastern Carolinas Commercial Real Estate Adds 220 Avondale Unit Tour to Video List on Youtube Channel
ECCRE added Video of another great property located at 220 Avondale Ave. To check out 220 avondale with a virtual tour, click here
Read MoreNew Youtube Video Channel for Eastern Carolinas Commercial Real Estate is up.
Eastern Carolinas Commercial Real Estate, has started the process of uploading property videos and content to their Youtube Channel which will enable potential purchaser and tenants to get a view of the property and information on the property remotely. Just another tool ECCRE is adding to the tool bag when it comes to moving our
Read MoreEastern Carolinas Commercial Real Estate Leases – Unit 64 at Snows Cut Crossing – Spectrum Paint has a new location at Carolina Beach
Eastern Carolinas Commercial Real Estate is excited to announce that we have added another tenant at Snows Cut Crossing. The new Tenant has leased unit 64, a 2,400 square foot unit. Demolition of the space has completed and the with the lease signed the tenant is now in possession of a great location. Unit 64
Read MoreSale of 1.8 Acre Hard Corner at Military Cutoff and Wrightsville Ave
Eastern Carolinas Commercial Real Estate Announces the Sale of 1613 Military Cutoff a 1.8 acre tract of Land. ECCRE represented the Purchaser in the sale and Worsely Real Estate Represented the Seller. The Purchaser Plans to build a 20,000 sf office building which has already been presold to tenants. Construction is set to begin in
Read More7400 Square Feet Leased – University Centre – Power Center Retail Lease Completed
Eastern Carolinas Commercial Real Estate is excited to announce the leasing of Unit 70, a 7,400 square foot unit at University Centre, Wilmington’s Regional Power center located at 312 S College Road was leased by Anytime Fitness. This new Franchise which is coming to the Wilmington Marketplace has selected University Centre as its first location.
Read MoreCommercial Real Estate News Updates for Eastern North Carolina
Here are some news on the recent commercial real estate activity in and around North Carolina. Click any of the links below to read their story. This is a great instructional message about RESPA or Real Estate Settlement Procedures Act. Wonder how this correlates to the rise in Multifamily projects across the country. Oddly enough
Read More5015 Wrightsville – Closed – ECCRE Sells Wrightsville Ave Building
Eastern Carolinas Commercial Real Estate is excited to announce they represented the Seller in the sale of 5015 Wrightsville Ave. This property was listed for lease with the firm. After some consideration it was listed for sale and went under contract within 15 days of being listed for sale at $500,000 or $100.00 per
Read MoreICSC Next Gen Event a Success – Future Event in the Works.
Eastern Carolina Commercials Nicholas Silivanch, the Chair of the North Carolina Coastal ICSC Next Gen Committee, is excited about the success of the Developing the Coastal Carolinas Seminar hosted today at the Terraces at Sir Tyler. The Seminar had two sessions, one on Development and Investment in the Coastal Carolinas, with Hyman Brody of
Read MoreQuarter 2 Average Market Lease Rates Vs. Eastern Carolinas Commercial Real Estate Lease Rates
Eastern Carolinas Commercial Real Estate is proud to represent Grocery Anchored Centers in the Wilmington and Eastern North Carolina Marketplace. Our product ranges from some high end strip centers, to Grocery Anchored, to Regional Power Centers. Through Quarter 2 with 19 completed transactions with 39,074 square footage leased, we have averaged $16.02 per foot. Our
Read MoreECCRE Update 7/13/2015
Eastern Carolinas Commercial Real Estate is excited to announce the following new retail leases at the properties below. Hampstead Station Shopping Center Unit 6 has been leased to Sean Farless with The Vapor Corner has signed a lease at Hampstead Station to open a second location for his company. Unit 7 has been leased to
Read MoreCommercial Real Estate News – June 24th 2015
On this Wednesday, here is the commercial real estate news for Eastern North Carolina. Not much is new but what is is important. Wilmington Region Commercial Real Estate News Mayfaire Town Center and Community Center were sold for $192 Million to CBL. This is huge news for our investment real estate market. Right of way acquisition
Read MoreCommercial Real Estate News Update for 6-10-15
Here is the weekly update on Commercial Real Estate News for Eastern North Carolina. The Wilmington Commercial Real Estate Sales market has had some major moves and some exciting news coming out of it the last several weeks with the following news updates: CarMax to open location in Wilmington with a $4.65 million purchase on
Read MoreNicholas Silivanch – Accepts Position as Chair for Eastern North Carolina, working under Carolinas Chair Margot Bizon ICSC NEXT GEN Program
Eastern Carolinas Commercial Real Estate is excited to announce that Nicholas Silivanch accepted a invitation by Margot Bizon of Katz and Associates to be a regional chair for Eastern North Carolina for the ICSC Next Gen Program. Nicholas has agreed to host two events and the first one is already booked at the Terraces on
Read MoreCommercial Real Estate News Update – 6.3.15
Sorry everyone last week demanded a bit of vacation time before hopping back on the workhorse, attending the Las Vegas ICSC Recon Show, some rest was in order. For the weekly news update this week we ECCRE is preparing a month in review article for may as well as a midpoint in the year article
Read MoreSmall Deal vs Big Deals in Commercial Real Estate
Some interesting thoughts from the economists at the National Association of Realtors…. Check them out here, where they discuss economies of scale in Commercial Real Estate.
Read MoreCommercial Real Estate and Economic Outlook for May 2015
Here is a great spot from Realtor.org that discusses the Commercial Real Estate and Economic Outlook for May 2015. Short Takes Investment sales are rising to peak levels again as seen around 2006…. We appear to be 15% above the previous peak on pricing in major markets…. Check it out for more news on the
Read MoreNews Update on Commercial Real Estate, Eastern North Carolina Region 5-21-15
The news update for our region is a day behind this week as Eastern Carolinas Commercial Real Estate traveled to Las Vegas to meet with clients, potential retailers, Developers and Investors to explain why Eastern North Carolina as a whole and the projects we are working on make sense for the users we met with.
Read MoreCommercial Real Estate News in Eastern North Carolina 5.13.15
The weekly commercial real estate update four our region, local areas and national news plus some interesting content. National Cushman Wakefeild Real Estate was purchased for 2 billion… not to shabby One of the nations largest REITS is getting out of Hotels…. Looks like mark to market for the interest rate is about to start….
Read MoreUNCW Wilmington may gain Medical School
This is great news for the area. Looks like the UNC System is considering a Medical School at our local campus. Click here for the article.
Read MoreThe day that Sweepstakes died in North Carolina
While this has been seen as a boon for landlords, quickly turned into a bust with the law enforcement going after their locations. With this notice it looks like the major carriers of the gaming business are now pulling out of offering the software in North Carolina, which officially means that sweepstakes are done for.
Read MoreWednesday 5.6.2015 Commercial Real Estate News for Eastern NC
Here is the weekly wrap up of commercial real estate news and trends in a Micro/Macro Setting… The Apartment Market is on the Rise with this recent sale in the Leland Market in Brunswick County Looks like another great day for the beach communities this summer with the expected rise in tourism Another Business is relocating…..
Read MoreWilmington NC – Economic Boost – PGA Event to be held in Wilmington
Everyone has their favorite joke about a broker being on the course, well the Commercial Realtors in Wilmington may very well be there when this event comes to town…. Wilmington to host PGA Tour Wells Fargo Open
Read MoreWilmington is the 2nd best City to start a business in America!
Everyone who lives and works in the Wilmington, NC metro already knows this is true, but we also know we should have been #1!!!!!! Check out the story here… At ECCRE we believe in Real Estate Solutions in Real Time.
Read MoreWednesday 4.29.15 Commercial Real Estate News
Here is the Wednesday Weekly Commercial Real Estate Wrap up for the Eastern Carolinas!. The proposed Public Shopping Center in Ogden (Wilmington) is looking to get annexed into the City of Wilmington hoping for a easier time…. ECCRE is looking forward to having a lunch meeting next week with Lelands New Economic Developer…. The Wilmington
Read MoreEastern Carolinas News Round up for Wednesday
Some Commercial Real Estate News for the Eastern Carolinas, your Short Links for Wednesday 4/22/2015 Wilmington Apartments are still on the move with the expansion of a existing complex planned. New Lifestyle Center Planned for Brunswick County in the Southport/ Saint James / Oak Island Area No End seems to be insight for the
Read MoreInterview on Why Investing in Real Estate is Important.
Everyone has opinions on Real Estate, some have invested when it was a boom market heading to a correction or adjustment period, others have invested low and sold high, some are still in a holding pattern for their assets. Recently on Bloomberg the CEO of Colliers gave some great insight into why you should invest
Read MoreSome Real Estate News that may affect the Port Cities in the Eastern Carolinas, Wilmington and Moorehead City.
It seems that the warehouse/industrial market is becoming a target investment area for equity firms as they expand in port related markets throughout the United States as the globalization of distribution spreads. Will this affect North Carolina and could we see similar investment from out of state/nation investment groups into our port areas in Wilmington
Read MoreNew Assignment Announcement – Mirasol – Your Place in the Sun
Eastern Carolinas Commercial Real Estate is excited to announce that the company was hired to represent the commercial pre leasing and sales of out parcels as well as the sale of multifamily land at the new Mirasol Development in Brunswick County. Mirasol will have a live work and play components with residential, multifamily and commercial
Read MoreHow to stop a rent hike when operating a restaurant/dive bar?
This fun article comes from Bloomberg News, perhaps some of the local operators in Eastern North Carolina should take note! Click here for the article.
Read MoreCommercial Real Estate Retail Update: Walgreens Planning to Shutter 200 Stores, NC impact unclear
It looks like Walgreens is preparing to close underperforming stores in a bid to strengthen its companies position. The battle of the four corners seems to have taken its toll on the pharmacy/convenience store chains build out approach that saw them in many cases overpay to secure high traffic corners several years ago in a
Read MoreRegional Roundtable – Discussing the Growth of Eastern North Carolina
Business North Carolina had a great roundtable discussion recently discussing the major events in and around Eastern North Carolina. Many great ideas were discussed especially with the growth and development dedicated to ECU. Check out the discussion by clicking here.
Read MoreBusiness North Carolina – Eastern Region Update for March 2015
Of the many great business journals throughout the Carolinas, the Business North Carolina is a comprehensive statewide Journal. The Editions Briefs are listed below. Briefs HOPE MILLS — Principal Solar plans to build a 78.5-megawatt solar farm here by early 2016. The Dallas-based company says the $173 million project will be the largest solar operation
Read MoreWilmington NC – Development News
ECCRE is excited to post this update courtesy of the Greater Wilmington Business Journal on our clients development update. Wilmington Commercial Real Estate Office Development Sector is set to add 20,000 more sf to the military cutoff corridor with the new build that Developer Steve Anderson has proposed. For the article Click here.
Read MoreWilmington NC – Investment Sales
Wilmington North Carolinas Commercial Real Estate sector saw a major investment purchase take place with the sale of Lumina Station. The price was north of $14.5 m after a recent sale last August on the adjoining property where ECCRE’s Nick Silivanch Represented the purchaser for $13.875 m took place. ECCRE was a consultant to the
Read MoreWilmington North Carolina – Development Update
With the Market accelerating in with development in Retail and Multifamily, its interesting to see a court take a stance on moving a development forward. That is the Case for this development in the Porters Neck MSA in Wilmington. For the Article Click Here.
Read MoreWilmington Retail Market: Recent Leasing Activity in Southern New Hanover County
Two New Tenants are coming to the Beau Rivage Marketplace, and we some space remaining. Burbon Street, restaurant will be coming to join us as well as Finders Keepers a children’s consignment store. The great news is that our occupancy level is now where it is supposed to be in the 93% area which means
Read MoreWilmington and Supply North Carolina, Two Recent Closings in the Bank Owned Real Estate Market Totaling 9k sf
Garry Silivanch, Partner and Broker at Eastern Carolinas Commercial Real Estate closed on the 3rd floor of 414 Chestnut Street and Represented Wells Fargo Bank in the sale to Brush Dental Care. Garry also represented Wells Fargo in the sale of another unit in Supply North Carolina, while Hansen Matthews with Maus Warwick and Matthews
Read MoreLeland North Carolina – Market Update
It looks like things are continuously moving forward in Leland with Growth at Brunswick Forests Commercial Component. Click Here for the Article Discussing whats going on in Brunswick Forest.
Read MoreWilmington, North Carolina Commercial Real Estate Market Update – Retail
Nicholas Silivanch, Partner and EVP of Retail for Eastern Carolinas Commercial Real Estate, was quoted in the Greater Wilmington Business Journal along side Mr. Hyman Brody the developer of the Mayfair Towne Center, and Ms. Meyer the Chair of the Marketing Department for the University of North Carolina Wilmington. For the Full Article click here.
Read MoreEastern Carolinas Commercial Hired to Represent Jacksonville NC Retail Center
Eastern Carolinas Commercial Real Estate has been hired to represent the Walgreens Plaza in Jacksonville NC. The property marketing materials will be up on our website shortly. We look forward to this excellent property hitting the marketplace soon. Stay Tuned.
Read MoreAdvanced Maintenance – The Holman Family – Another Successful Wilmington Business
This is a great and inspiring story about a Veteran and his company. The Holman’s saw a need, figured out how to service it and have created a growing franchise worth according to the weblink a estimated $10m. Way to go Mr. and Ms. Holmans, Eastern Carolinas Commercial Salutes your hard work and your companies
Read MoreEastern Carolinas Economic Indicators
The Economy in our region is truly on the mends. The mop up from the Great Recession is almost complete! With the final bank owned properties going under contract and the reserves that the banks have are dwindling, we are seeing prices start to adjust and find normalcy. Financing remains a tough hurdle and private
Read MoreHand on the Pulse: Regional Economic Development Leaders Talk to Commercial Brokers
The RCASENC (Regional Commercial Alliance of South Eastern North Carolina) or the Commercial Brokerage Association for the Wilmington, Pender, Brunswick and other areas had its 1st annual meeting of the year. The speakers there were the Regional Economic Development Leaders/Area Recruiters. For more on the subject matter and content click the link below. Commercial Realtors
Read MoreWater Street Parking Deck – Developer Selected for Redevelopment Initiative
Looks like the winner was East – West Development based out of Chapel Hill for the redevelopment of the Water Street Parking Deck here in Wilmington NC. This site has been one of contention on what to do with it. Their design image looks great, and we look forward to seeing the finished product. For
Read MoreECCRE Partner and Vice President of Retail Quoted In Greater Wilmington Business Journal
Nicholas Silivanch, Vice President of Retail Leasing and Partner at ECCRE was quoted in an Article in the Greater Wilmington Business Journal on Corridor Growth in the Ogden to Porters Neck Area. Check out the Article – Corridor Check: Northern Market Street
Read MoreThree Articles to read on Sales and Marketing, Deployment Tactics and How proper use of Technology can enable your growth.
After reading three great articles on a Business Journal Website, one on How well do your sales people understand buyers another on 5 tips for bridging the gap between sales and marketing, and the last article What is Sales Enablement and why should we care, in this posting I will relay some thoughts after a reflection on
Read MoreAnother Tenant Announced at new Walmart Super Center in Wilmington NC Metro Submart – Porters Neck – Bayshore Commons Shopping Center
Bayshore Commons is announcing the addition of another Tenant to its Tenant roster. Cape Fear Seafood Company, has joined our other announced Tenants which include Buffalo Wild Wings, Fantastic Sam’s, Lee Spa and Nails, Sally Beauty. The Restaurant which is locally owned is adding its second location at the new Wal-mart Super Center in Porters Neck.
Read MoreWhat these two items mean for Commercial Real Estate in Wilmington and the Eastern Carolinas
As one of the favorite rides in Disney World says “Times are a Changin!.” (the carousel of time in Magic Kingdom). The local and national announcements from some major retailers have brought about some things to be on the watch for. Radio Shack has started the closing process of its stores. While we the Landlord
Read MoreFantastic Sams Bringing 90 jobs and 8 new locations to Wilmington
ECCRE was happy to represent our landlords and work with Fantastic Sam’s to secure the long term leases for the locations. We are excited about their opening in our market place. For the article Click Here At ECCRE we believe in Real Estate Solutions in Real Time
Read MoreNational Association of Realtors Announces 4th Quarter Market Outlook and Commercial Real Estate Demand
The National Association of Realtors, NAR has released some interesting quotes on the current demand and state of the commercial real estate market from a anational perspective. in a later post ECCRE will address the regional outlook and demand placed on the market both in Wilmington and the Eastern Carolina’s. Quoted from the NAR report,
Read MoreWilmington, North Carolina – Quick Access Links
When looking to purchase or lease a property in the Wilmington / New Hanover County area here are some quick access links for your ease of access. Local Associations Wilmington Cape Fear Home Builders Regional Commercial Alliance of South Eastern North Carolina Wilmington Regional Association of Realtors Government Websites New Hanover County City
Read MoreDeveloping in Coastal North Carolina
Here is a great resource put together by BASE or the Business Alliance for a Sound Economy a division of the Wilmington Cape Fear Home Builders Association. The link discusses the and provides access to information regarding the proposed rule change by the EPA regarding wetlands and Water of the United States. To Visit the
Read MoreHistorical Article featuring Commentary – Discussing Need for Retail Development in Wilmington NC
This article from May 23 2014 discusses the current need for new commercial space in the Wilmington Metro Trade Area. Nicholas Silivanch, VP of Acquisitions and Leasing for ECCRE was quoted in the Greater Wilmington Business Journal Article. Click here to read the Article At ECCRE, we believe in Real Estate Solutions in Real Time.
Read MoreRecent News Article with Featured Quote – Scarcity of Retail Space in Wilmington NC
Nicholas Silivanch, Vice President of Acquisitions and Leasing for ECCRE was quoted in this article for the Greater Wilmington Business Journal discussing scarcity of retail space in Wilmington. Click here for the article At ECCRE, we believe in Real Estate Solutions in Real Time.
Read MoreHistorical News Article – Lumina Station Reaches 100%
Lumina Station, a lifestyle center in Wilmington NC, represented by Team Silivanch at the time reached full occupancy under our tenant recruitment strategy. Our Tenant recruitment strategy has led Eastern Carolina’s Commercial Real Estates clients to have a higher occupancy and a higher rental rate which equates to stability and a higher return on your investment, than other
Read MoreHistorical News Article – Sale of Outparcel at Fulton Station a Retail Center in Wilmington NC
This article discuss the sale of the last out parcel at Fulton Station, another ECCRE represented property. Taco Bell purchases the final outparcel at this neighborhood strip center located at 17th Street ext and S College Road. Click here for the article At ECCRE, we believe in Real Estate Solutions in Real Time.
Read MoreCurrent State of the Apartment Sales Market – Wilmington NC
Wilmington has been hot with multifamily development and investment over the last several years. Climate, Educational Facilities (UNC Wilmington, Cape Fear Community College and several technical schools) and retirees who are looking to rent while they construct their retirement home. The link to the article discusses the roughly $240 Million in recent apartment sales in
Read MoreHistorical News Article – Sale, and Long Term Lease Back Strategy lead to Solution in Wilmington NC
Garry Silivanch is the featured broker in this investment sale article. Garry put together a investment plan for the tenant, located a purchaser and completed a sale and lease transaction on the building. Click here for the Article At ECCRE, we believe in Real Estate Solutions in Real Time.
Read MoreHistorical News Article – Investment Sale Announced – Lumina Commons – Harris Teeter Anchored Center
Nicholas Silivanch, was featured in this release about the sale of Lumina Commons, a Harris Teeter anchored shopping center in Wilmington for $13.875 Million in August of 2014. Mr. Silivanch represented and continues to represent the purchaser in the acquisition of grocery anchored centers. It was one of the top sales in the region this year. Click here
Read MoreHistorical News Article
This article discusses our hiring to represent the Hampstead Station Food Lion located at the corner of Hwy 17 and Hwy 210. The Center is in the heart of Hampstead, and there are current opportunities for your business. Click here for the Article. Real Estate Solutions in Real Time
Read MoreHistorical News Article
This article discusses a Major Lease which took place at University Centre, the Wilmington MSA’s Regional Power Center. It also discusses one of the fastest leases we did in 2012. It was listed on Wednesday and leased by Friday the same week. Click Here for the Article Real Estate Solutions in Real Time.
Read MoreHistorical News Article
This article discuss one of our current listings and how we were hired to represent the center. Currently the center has three vacancies and we are at 91% occupancy. For information on Masonboro Commons Shopping center please call (910) 399 4602 For the Article please Click Here Real Estate Solutions in Real Time
Read MoreHistorical News Article
Back in 2011, it was announced that Team Silivanch was awarded the leasing rights for the BTS project known as the Britton Center, at 5330 Carolina Beach Road. We are proud to say that the project is now 100% leasing. Today the property has Wilmington Lady Fitness, Verizon Wireless and Electra Vapor as the tenants.
Read MoreHistorical News Article
Garry Silivanch, Broker in Charge of Eastern Carolinas Commercial Real Estate has been appointed to the North Carolina Southeast Regional Economic Development Partnership board. Congrats Garry!. Click here for the article For the Regional Economic Development Website Click Here Real Estate Results in Real Time
Read MoreHistorical News Article
News Article from the Greater Wilmington Business Journal. Topic is how Team Silivanch received representation rights on another area shopping center. Click Here to read the article. Real Estate Results in Real Time
Read MoreUnderstanding Commercial Real Estate Lease Terms
Lease Hold Terminology In this Posting Eastern Carolina Commercial Real Estate is going to provide some definitions of the language we use in Negotiating Lease’s when representing a Landlord or a Tenant. The Terms can from time to time be confusing and some of the terminology may not apply to a certain property type. TICAM
Read MoreNew Transaction Announcement
ECCRE is proud to announce the long term lease for Peerless Overland Specialists now located at 1551 Point Harbor in Wilmington. For more information, click the link below. 09.24.2014 Firm That Customizes Off-road Vehicles Leases Warehouse
Read MoreNew Transaction Announcement
ECCRE is proud to announce the initial roster line-up for Bayshore Commons. A Walmart anchored shopping center in the Porters Neck Area. For more information, click the link below. 11.17.2014 McDonald’s, Four Other Businesses Coming To New Wal-Mart Center
Read MoreHistorical News Release
Completed Transaction Announcement Sushi X has expanded into the Beau Rivage Marketplace. First location was a success when it opened at the Hampstead Town Center. For more information, click the link below. 07.09.2014 Asian Restaurant Slated For Beau Rivage Marketplace
Read MoreHistorical News Release
Completed Transaction Announcement Market Street building sold to Defy Gravity a indoor trampoline gym chain, for more information click the link below. 06.26.2014 Vacant Building To Get New Bounce
Read MoreNovember 2014
Its official! One of the most popular contests to date, Downtown Wilmington got the most votes in USA Today’s 10 Best Riverfronts in America Click the link below to view the USA Today’s News Article: Wilmington Voted Best American Riverfront in USA Today Readers’ Choice “Visitors of Wilmington and its island beaches know that our
Read MoreThe Shrinking Retail Marketplace
Wilmington’s existing retail marketplace is shrinking, we are running out of inventory. Overall vacancy across the Tri County area is down, inquiries are up on the space that remains as are the base rental rates. With the current multifamily development of over 1800 +/- new apartments units, the announcement of new subdivisions across New Hanover,
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