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Category Archives: New Listing

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Closing Announcement – 1031 Medical Center Drive

Category : New Listing

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Closing on 1031 Medical Center Drive – 2 Acres

 

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

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

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


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Buyer Representation – New Closing on Medical Center Drive

Category : New Listing

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

Congrats to the Buyers and Sellers on a successful transaction.


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7125 Market Street – New Development to continue in Ogden Submarket of Wilmington

Category : New Listing

1.3 Million Dollar Closing by ECCRE

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4.8 Acres on Market Street

4.8 Acres on Market Street

 

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 the immediate area by providing options when it comes to short term storage.

ECCRE predicts a growing movement in Mini Storage as the baby boomers retire, downsize and move south. This sector of commercial real estate on both the development and investment side is set to see continued growth and productivity over the next several years.

Growth in the Ogden submarket of Wilmington has been strong over the last 12-24 months and continued growth and development is expected.


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Leon Capital Group Completes Purchase of 17th Street Land

Category : New Listing

Arbor Commons Ready to move to Development Phase
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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 moving into development phase over the next several weeks to bring the site plan to life. The development will consist of a Grocery Store, 10,300 sf retail building and a 45,000 sf medical/office building.

The developer will complete a road extension of Hollingsworth Drive, carrying it through to Peel Street to provide access to the traffic light at the intersection of John D Barry Drive and 17th Street Extension. The property will also have a right in and right out entrance off of 17th Street and access from Peel Street.

Leasing opportunities remain at the Retail and Office Building. For more information on the site click here. Or Click here for the information package. arbor-commons-quick-info-pkg

To Read about this in the Greater Wilmington Business Journal as written by Cece Nunn,  Click Here.