EDGEWATER NEWSROOM

Tim Skender, principal at Edgewater, said the acquisition was a good opportunity in a submarket that is thriving. "We’re big believers in lifestyle office or neighborhood office," he said. "1800 Central is well-located, in a dynamic, growing (submarket) where the neighborhood is the amenity for the people who office there. There’s a lot of momentum in Plaza, broadly speaking."

Following two recent leases, another building in the Wilmington Trade Center, a growing industrial park along U.S. 421, is at full occupancy.

Edgewater Ventures is pleased to announce the addition of Joey Surles, to the Edgewater Industrial team as their Senior Property Accountant.

A joint venture between Edgewater Ventures and Northridge Capital acquiredLandmark at North Hills, a two-building complex at 4601 Six Forks Road, for $21.3million, according to Wake County deed records. The property’s assessed value is about$33.8 million.

Edgewater Ventures is pleased to announce the addition of Robert Elder as the newest Investment Associate for Edgewater Innovation.

Plans for two new buildings and infrastructure at Wilmington Trade Center, an industrial park along U.S. 421, will go before New Hanover County’s technical review committee this week.

Edgewater Ventures is pleased to announce that Sean Farrell has joined the ABODE Communities team as a Director of Asset Management.

Edgewater Ventures is proud to welcome David Sloan to the team. Sloan is an Investment Associate on Edgewater's ABODE Communities team.

A multifamily community with hundreds of apartments and the community’s first build-for-rent homes are coming to Wendell Falls. The development partners closed on two deals — one with Chaucer Creek Capital LLC for the multifamily portion and one with Abode Communities of Edgewater Ventures for the build-for-rent portion.

Edgewater Ventures has converted an office building into a warehouse on 23rd Street in Wilmington. The 110,134 square foot building is now fully occupied after the developer signed leases for all 57,940 square feet of available space at 1519 N. 23rd Street.

Developers bought 187 acres on U.S. 421 in Wilmington on Wednesday for a major expansion of one of their existing industrial projects. Edgewater Ventures purchased the property next to Wilmington Trade Center for $7.65 million from Invista.