Wilmington-based Cape Fear Commercial broke ground in January on the TowneBank Building, a 31,250-square-foot office building at 6925 Fresco Drive off Military Cutoff Road. (photo c/o Cape Fear commercial/will page photography) New office and retail space on the way to Military Cutoff Road this year includes the TowneBank Building and… Read More
Among the flurry of commercial real estate sales in recent months, investors have been spending millions on Market Street property. The former Old Chicago restaurant property on Market Street was purchased at the end of October. Photo by Cece Nunn. A few recent examples include the nearly 6-acre parcel at… Read More
The Wells Fargo-anchored building in downtown Wilmington at Third and Grace streets has been purchased by an investor based in Winston-Salem for nearly $11 million. Taylor Development Group bought the 57,000-square-foot class-A office building at 300 N. Third St. on Dec. 28 for $10.72 million, according to an announcement Monday… Read More