Dec
09

Wilmington CRE Activity on the Rise

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An increase in new commercial development and leasing activity throughout greater Wilmington could spell a more optimistic first quarter of 2012.

Port City Mattress is expanding into the University Centre Shopping Plaza on College Road. The firm — which sells American-manufactured mattresses — will ink a lease agreement Monday for 1,200-square feet of space at the shopping center. Nicholas Silivanch, director of retail leasing and acquisition for Coldwell Banker Commercial Sun Coast Partners, brokered the three-year lease agreement.

Adam Withey, managing partner of Port City Mattress, said his firm will close its current Carolina Beach Road location before opening its new store in University Centre.

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    Categories : Wilmington

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