Wilmington NC Real Estate News
Cody Cress & Tyler Pegg of Coldwell Banker Commercial Sun Coast Partners Launch Marketing Effort for Midtown Village, a Mixed-Use Development Independence & Shipyard Blvds in Wilmington, NCDecember 4, 2018
Property to Feature Office, Retail, Restaurants and a Premium Hotel
WILMINGTON, NC –Graham Land Management has announced plans for two 30,000 SF Class A Office Buildings that will be known as The Courtyard at Midtown Village. Leasing opportunities are now available for The Courtyard buildings which will be three stories and stand prominently along Shipyard Boulevard. The buildings were designed by LS3P with an emphasis on creating the architectural aesthetics which will be used throughout the entire project.
The Courtyard is part of a larger mixed-use, master-planned development at the intersection of Independence and Shipyard Boulevards in Wilmington, North Carolina known as Midtown Village, that will feature a mix of office and retail space. Graham Land Management is working with Tom Harrington and Dan Weeks of H + W Design for the master planning of Midtown Village. A focal point and amenity of the project will be a large pond and fountain that fronts Shipyard Boulevard. Buildings will be joined by paved and tiled courtyards framed by plush landscaping, hardwoods and ornamental trees for seasonal color. The owners anticipate that several restaurants will be located in the development and patrons will be able to take advantage of these outdoor spaces for al fresco dining. Currently a feasibility study has been completed for a potential hotel and the owners are in discussions with a local high-end restaurant as well as a national drug store, both of which have expressed interest in the site.
The Courtyard and Midtown Village will be marketed by Cody Cress and Tyler Pegg of The Cress Group with Coldwell Banker Commercial Sun Coast Partners. “Midtown Village is ideally located at one of the most popular commercial corridors in New Hanover County,” said Cody Cress, Vice President with Coldwell Banker Commercial Sun Coast Partners. “The property is located in the heart of Midtown and the tenants will be well supported by the wide array of adjacent businesses and residential neighborhoods that surround the property on all sides. We anticipate a great deal of interest in the property from both local and national retailers.”
Adjacent businesses include Live Oak Bank, State Employees Credit Union, South State Bank, Verizon Wireless and Emerge Ortho. Midtown Village is also within easy reach of New Hanover Regional Medical Center, UNCW, downtown Wilmington, the North Carolina State Ports Authority, the local beaches and Wilmington International Airport.
Coldwell Banker Commercial Sun Coast Partners was founded in Wilmington, NC in 2004 to meet the commercial real estate needs of companies throughout southeastern North Carolina. The firm is comprised of 21 commercial agents and 11 staff members who specialize in real estate sales, leasing, investment and property management for retail and commercial property owners from Onslow County to the South Carolina border. Coldwell Banker Commercial Sun Coast Partners was the number one office in North Carolina for Coldwell Banker Commercial in 2008, 2012, 2014, 2015, 2016 and 2017, and consistently ranks among the state’s top performers. For additional information, visit www.cbcsuncoast.com.###