Jordan Cain

1 week ago | wilmingtonbiz.com | Emma Dill |Jordan Cain |Rosalie Calarco |Girard Newkirk

Wilmington-based software firm nCino has announced plans to lay off approximately 7% of its global workforce, company officials confirmed on Tuesday. “As a global market-leader, nCino continuously evaluates our organizational structure to optimize operations and drive efficiency across the business,” Natalia Moose, nCino’s head of brand marketing, wrote in an email to the Business Journal.

2 weeks ago | wilmingtonbiz.com | Emma Dill |Jennifer Adams |Jordan Cain |Janet Kane

A 145,000-square-foot industrial building in Pender Commerce Park recently changed hands for $23.5 million. The Class-A warehouse facility at 310 N. Corporate Drive is fully leased, with tenants including Home Depot, Lansing Building Products and One Banana North America. Developed by Winston-Salem-based Ramm Capital Partners LLC, the industrial building was completed in 2023.

2 weeks ago | wilmingtonbiz.com | Jordan Cain |Gretchen Roberts |Janet Kane

MarineMax appointed Dale Hardison as general manager of MarineMax Wrightsville Beach. He succeeds Carrington "Cary" Smart, who has taken on a new role at MarineMax's Pompano Yacht Center. According to a news release, Hardison "brings a wealth of leadership experience and a people-first approach to the role, following a successful tenure at MarineMax Lake Ozark.

2 weeks ago | wilmingtonbiz.com | Cece Nunn |Girard Newkirk |Jordan Cain |Chris Coudriet

New Hanover County commissioners want the county's staff to crunch their numbers again after hearing a recommended tax rate for the next fiscal year’s budget on Monday. The $488.5 million New Hanover County budget presented to commissioners Monday morning as a recommendation includes a 10-cent property tax rate cut, from the current 45 cents to 35 cents. Because of the tax revaluation the county performed this year, the lower rate doesn’t equate to lower tax bills.

3 weeks ago | wilmingtonbiz.com | Emma Dill |Girard Newkirk |Jordan Cain |Amy Sullivan

A Missouri-based hotel developer recently purchased nearly two acres in downtown Wilmington for $6.8 million. A deed recorded Monday shows Drury Development Corp. purchased a 1.8-acre tract at 715 Nutt St., just north of the Wilmington Convention Center. According to its website, Drury Development Corp. builds Drury-branded hotels, including Drury Inn & Suites, Drury Plaza Hotel and Pear Tree Inn by Drury. A representative from Drury Development Corp. declined to comment on Tuesday.