Jim Hundley

1 week ago | wilmingtonbiz.com | Emma Dill |Jim Hundley |McAuley Hollis |David Rizzo

A local investor acquired a medical office in Hampstead for $2.54 million earlier this month. DaVita Dialysis, a national kidney care provider, has occupied the just over 7,900-square-foot medical building at 22804 U.S. 17 since 2015, according to a news release announcing the sale. KY Young Investment Partners LLC, an out-of-state, family-owned investment group, sold the property and the surrounding 2.89 acres in a transaction that closed on May 8.

2 weeks ago | wilmingtonbiz.com | Cece Nunn |Jason Wheeler |Jessie Powell |Jim Hundley

Nest Realty has found a new nest in Carolina Beach. The residential real estate firm leased space in the commercial portion of new mixed-use complex Proximity at Carolina Beach at 904 N. Lake Park Blvd. Not that the company doesn’t like its current building at 112 Cape Fear Blvd. in the New Hanover County beach town. Nest occupies the first floor of the building the firm bought in 2019 for just under $1 million, said Ryan Crecelius, principal broker of Nest Realty Wilmington.

2 weeks ago | wilmingtonbiz.com | Emma Dill |Jessie Powell |Jim Hundley |Dave Orr

Wilmington officials have chosen the next city manager, who will replace current city manager Tony Caudle when he retires at the end of this month. The Wilmington City Council unanimously voted Tuesday night to appoint Becky Hawke as the next city manager. Hawke’s appointment concludes a national search for the city’s next top administrator, which began last fall after Caudle announced his plans to retire.

2 weeks ago | wilmingtonbiz.com | Chris Capone |Jim Hundley |John Monahan

New Hanover County Commissioner Dane Scalise and Wilmington City Councilman Luke Waddell have been appointed to serve four-year terms on the University of North Carolina Wilmington Board of Trustees. The appointments came during the May 15 meeting of the University of North Carolina System Board of Governors, according to a news releases.

3 weeks ago | wilmingtonbiz.com | Emma Dill |Amy Sullivan |Gretchen Roberts |Jim Hundley

Following months of extensive renovation, the condos at North Pier Ocean Villas in Carolina Beach are now on the market. The property, located at 1800 Canal Drive, was the subject of bankruptcy proceedings in 2022 after its former HOA filed for Chapter 11 bankruptcy. It was purchased at auction for $8.3 million and has since undergone major renovations. “There was a lot that really needed to be done.