Real Estate Award Winners Announced
February 27, 2020
// WILMINGTON BUSINESS JOURNAL
Cape Fear Commercial Real Estate Women (CREW) has announced the winners of its 2020 Awards of Excellence, held Thursday at the Wilmington Convention Center.
The awards focus on the rapidly growing Cape Fear region commercial real estate sector, recognizing excellence and leadership in the industry, according to a CREW news release.
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Cushman & Wakefield has brokered the $17.5 million sale of a two-property industrial portfolio in Laurel Hill. Situated at 18300 and 18400 Fieldcrest Road, the property is within 100 miles of the Port of Wilmington and is fully leased to High Life LLC, an apparel manufacturer based in New York City.
A regional law firm has signed a renewal for its longtime headquarters in Raleigh, North Carolina.
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."
