Want us to give you a call?

Simply enter your name and number below and we'll be in touch.

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

Investment Sale – 6.75 Cap Harris Teeter Anchored Center – New Bern

101,312 SF Neighborhood center for sale in New Bern, North Carolina at the intersection of Hwy 17 (MLK) and Glenburnie Rd, Harris Teeter anchored.
This center sits at one of the most trafficked intersections in New Bern connecting New Bern to Trent Woods. The center has a great mix of Local, Regional and National brand tenants. 15 Units, Pet Sense 4,500, Harris Teeter, 55,800, Pier 1# 8,598, Japanese restaurant 4,000, Super Cuts 1,600, Wild Birds 1,600, Papa Johns 1,200, Cleaners 1,400, Jos A. Banks 3,969, Tips to Toes 1,521, New Era Food 1,650, Peking Gardens 1,540, Vacant 7,000, Vacant 900, El Tequila 4,320
Offered at 6.75 cap rate 3 units vacant with added income potential $139,000.00

For more information please contact brokers for a NDA/CA to receive rent roll, store sales and NOI.

http://www.loopnet.com/Listing/19989018/2009-S-Glenburnie-Rd-New-Bern-NC/

More Info

Retail – Build to Suite – Snows Cut Crossing – Up to 7,000 SF

This Shopping center is currently the only Grocery Anchored Center on “the Island” as locals refer to Carolina Beach. The Parking lot was recently sealed and re-striped. This center features one of the top Food Lions in North Carolina with sales at $23M+. Year Round population swells in the summer time with tourism growth.

We have 1590 square feet available and the ability for the right tenant and terms to expand the center.

More Info


Industrial For Lease – Warehouse/Manufactory – 10 Acres, 35,000 + SF

One 7,360 +/- SF unfinished dirt floor available to lease at $2.50 PSF Full Service. Close to Port, Airport, and major highways. Located in manufacturing plant divided into multi tenant by chain fence. Can lease as much as 3,600 to 18,000 SF available +/- SF warehouse. Two trailers with 2,400 SF Office Space are available extra fee over one office, Break Room, and Bathroom used as common area. The space has 25′ to 30′ ceilings, Each unit has overhead door 9 acres of lay down yard available for extra fee. 2-25 ton cranes, Contact for more information!

DIRECTIONS: North College Road Past I 140, Left on Blue Clay Road approximately 1.5 miles building is on the right.

LANDLORD PAYS: Building Insurance, Ext Building Maintenance, Electric, Sewer, Taxes, Yard Maintenance.

http://www.loopnet.com/Listing/18905376/3965-Blue-Clay-Road-Castle-Hayne-NC/

More Info


Our Properties for Sale Our Properties for Lease

Call us at (910) 399-4602, Email Contact@eccrenc.com

or drop by our office at

432 Landmark Drive, Suite 4

Wilmington, NC, 28412 

A member of our T.E.A.M will respond so we can begin working on your Real Estate Solution

 

ECCRE – 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 More

7125 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 More

Leon 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 More

Save 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 More

Garry 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 More

Hurricane 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 More

Carolina 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 More

Mr. 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 More

Snows 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 More

Audubon 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 More

Burn 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 More

Eastern 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 More

Arbor 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 More

January 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 More

End 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 More

Masonboro 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 More

1316 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 More

Garry 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 More

Snows 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 More

Hampstead 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 More

Eastern 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 More

ECCRE 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 More

Hampstead 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 More

ECCRE 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 More

ECCRE 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 More

ECCRE 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 More

Bayshore 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 More

Bayshore 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 More

220 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 More

Beau 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 More

New Locations, Second Stores are in the works at these centers!

                                                                                                             

Read More

Three 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 More

City 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 More

Commercial 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 More

Southeastern 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 More

Corning 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 More

Leased – 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 More

Eastern 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 More

Eastern 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 More

New 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 More

Eastern 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 More

Sale 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 More

7400 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 More

Commercial 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 More

5015 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 More

ICSC 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 More

Quarter 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 More

ECCRE 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 More

Commercial 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 More

Commercial 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 More

Nicholas 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 More

Commercial 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 More

Small 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 More

Commercial 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 More

News 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 More

Commercial 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 More

UNCW 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 More

The 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 More

Wednesday 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 More

Wilmington 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 More

Wilmington 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 More

Wednesday 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 More

Eastern 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 More

Interview 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 More

Some 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 More

New 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 More

How 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 More

Commercial 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 More

Regional 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 More

Business 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 More

Wilmington 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 More

Wilmington 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 More

Wilmington 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 More

Wilmington 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 More

Wilmington 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 More

Leland 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 More

Wilmington, 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 More

Eastern 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 More

Advanced 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 More

Eastern 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 More

Hand 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 More

Water 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 More

ECCRE 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 More

Three 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 More

Another 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 More

What 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 More

Fantastic 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 More

National 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 More

Wilmington, 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 More

Developing 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 More

Historical 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 More

Recent 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 More

Historical 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 More

Historical 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 More

Current 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 More

Historical 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 More

Historical 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 More

Historical 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 More

Historical 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 More

Historical 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 More

Historical 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 More

Historical 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 More

Historical 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 More

Understanding 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 More

New 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 More

New 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 More

Historical 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 More

Historical 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 More

November 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 More

The 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,

Read More