Clarendon
Clarendon, NC · Real Estate
WECT
Wilmington affordable housing effort adds rehabbed home to market
A newly rehabilitated home will hit the market this week through an affordable housing initiative spearheaded by a local nonprofit.
WilmingtonBiz
Landscape Equipment Business Buys Property In Winnabow, Opens New Location
The owners of Landscape Depot, a landscape equipment and supply store, have purchased a retail property in Winnabow and opened a new location. Landscape Equipment Depot LLC bought the property, formerly occupied by a golf cart business, at 6525 Ocean Highway East, near the intersection of U.S. 17 and Green Hill Road, for $465,000, a deed shows.
wcti12.com
WECT
yieldpro.com
BAM Capital Acquired 334-Unit Multifamily Community in Leland North Carolina
BAM Capital has acquired The Marling at Town Creek, a 334-unit community in Leland, N.C., for approximately $57.7 million. This acquisition represents BAM Capital’s entry into the Southeast market. According to BAM Capital, the property was acquired at an estimated 17.4 percent discount to replacement cost. The company used its BAM Multifamily Growth Fund V for the acquisition.
WilmingtonBiz
Center Point Begins Planning For Next Phase
As construction wraps up on the first phase of Center Point, the development’s next phase is taking shape. Residents began moving into The Sterling, the project’s 265-unit apartment complex, in mid-September, according to Morgan Bentivegna, development manager at The Beach Company. Nearby, four shell buildings that make up the more than 32,000 square feet of retail space in the project’s first phase will be completed and delivered to tenants for upfits this week.
WilmingtonBiz
Residential Real Estate Firm To Build Office On Former Bank Site
A former PNC Bank building on Eastwood Road was demolished last week to make way for the Wilmington office of residential real estate firm Corcoran HM Properties. The Charlotte-headquartered company entered the Wilmington market in 2024 when it acquired The Property Shop International Realty. Today, the firm has around 20 local agents, said Valerie Mitchener, the company’s owner and broker-in-charge.
multifamilybiz.com
BAM Capital Expands into Southeast Market with Acquisition of 334-Unit The Marling at Town Creek Apartment Community in North Carolina
LELAND, NC - BAM Capital, the private equity arm of The BAM Companies, announced the acquisition of The Marling at Town Creek, a 334-unit multifamily community completed in 2024 in Leland, North Carolina, just outside Wilmington. The purchase marks BAM Capital's entry into the Southeast and is the latest addition to BAM Multifamily Growth Fund V.
hoodline.com
Indianapolis Firm Buys Leland's 334-Unit Marling at Town Creek for $57.7M
A 334-unit apartment community just off Ocean Highway East in Leland has changed hands for approximately $57.7 million, according to public records, as an Indianapolis-based private equity firm makes its first move into the North Carolina coast. The buyer, BAM Capital, says the deal marks its entry into the Southeast real estate market after years of watching the region from afar.
multihousingnews.com
BAM Capital Enters the Southeast With 334-Unit Buy
The company made the purchase through its fifth multifamily growth fund. BAM Capital has acquired The Marling at Town Creek, a 334-unit community in Leland, N.C., for approximately $57.7 million, according to Brunswick County public records. D.R. Horton previously owned the property, Yardi Matrix shows. This acquisition represents BAM Capital’s...
WilmingtonBiz
ProSource Wholesale Opens Wilmington Showroom
ProSource Wholesale, a wholesale home improvement franchise, has expanded to Wilmington with the opening of its new showroom at 4274 U.S. 421 North, Suite 130. Brothers Jeffrey, Curt and Rusty Williams co-own the ProSource of Wilmington showroom, according to a press release. The facility is intended to serve builders, contractors, designers and other home improvement professionals.
WWAY NewsChannel 3
Dark Horse Studios’ Wilmington property hits the market amid film industry slowdown
WILMINGTON, NC (WWAY) — The Wilmington property home to Dark Horse Stages has been listed for sale as the film industry faces a slowdown in production and uncertainty surrounding North Carolina’s film incentives. The property at 301 Harley Road is listed through Lee & Associates. No asking price...
Lodging
Cushman & Wakefield Announces Sale of Holiday Inn Express & Suites in Wilmington, North Carolina
WILMINGTON, North Carolina—Cushman & Wakefield announced that the firm has represented the seller in the disposition of the Holiday Inn Express & Suites Wilmington West – Medical Park, a 109-room hotel in Wilmington, North Carolina. The property sold for $12.95 million. Rick Redmond and Christopher Passeggiata of Cushman...
Bladen Journal
Habitat for Humanity raises two new homes in Bladenboro
BLADENBORO — Two new houses began taking shape in Bladenboro last week as volunteers joined Fayetteville Area Habitat for Humanity for three days of construction. The homes, located on the same street in Bladenboro (Hickory St.), were the focus of a concentrated framing effort from Sept. 17 through Sept. 19. Volunteers gathered at the construction sites each morning to help turn foundations and building materials into what will eventually become homes for two families.
Star News
Developers take swing at golf course proposal for Leland
Developers behind one of Leland's most massive planned residential developments are taking a swing at rezoning to add a champion golf course and more. Situated in the southwest corners of Interstate 140 and U.S. 74/76 in Leland is the nearly 4,000-home East Lake development. Following a flood study conducted earlier this year, project leaders are proposing some changes for more than 2,000 acres of the project - one change being the addition of an 18-hole golf course . The Leland Planning Board on Sept. 22 will discuss their recommendation of rezoning 2,060.55 acres of East Lake to the planned unit development zoning district. If the rezoning and associated master land use plan are pushed forward to council, the project is one step closer to having 602 acres of conservation removed and more. How we got here The large project was previously denied by the Brunswick County Planning Board due to flooding and wetland concerns . Leland’s town council gained decision making power on the project after the 2,114.27-acre property was annexed into the town in December 2022. Only slightly smaller than Brunswick Forest, East Lake plans include 3,925 single family lots, 693 townhomes and 300 multifamily units. Criteria Development in
WilmingtonBiz
Wilmington Medical Office Building Changes Hands For $11.2M
A medical office building on Iron Gate Drive in Wilmington recently sold for more than $11 million. The building at 2739 Iron Gate Drive, occupied by Wilmington Surgical Associates, a Novant Health affiliate, was purchased by HPIV Wilmington II LLC for $11.24 million, according to a deed recorded Sept. 8.
Star News
Burgaw approves 139-home subdivision despite residents' concerns
A new subdivision proposed in Burgaw could bring almost 140 new homes to the growing county seat. The development -- which bears a fitting name for the town -- received approval for its preliminary site plans from the town council on Sept. 8 despite several residents expressing concerns about flooding and traffic. Dubbed Blueberry Village, the subdivision is proposed for a tract between N.C. 53 and Henry Brown Road in Burgaw, only about a mile from the courthouse square. The property comes in at about 80 acres, making it one of the few remaining undeveloped plots of that size with such proximity to the town center. More: Pender invests $65M in law enforcement center as population surges The proposal Plans for Blueberry Village include 139 single-family homes with a minimum lot size of 12,000 square feet. This puts the density of the development at about 1.74 units per acre. The plans also show about 21.6 acres of open space, the bulk of which comes in the form of an amenity pond and surrounding walking path, though other open space is dispersed throughout the site. Importantly, the development as planned meets Burgaw’s Unified Development Ordinance standards, according to town planning director
WWAY NewsChannel 3
Commercial real estate awards accepting nominations across Cape Fear region
WILMINGTON, NC (WWAY) — Cape Fear CREW is accepting nominations for its 2027 Awards of Excellence, which recognize commercial real estate projects and professionals across southeastern North Carolina. The ninth annual awards event is scheduled for March 18, 2027, at 11 a.m. at the UNCW Burney Center in Wilmington.