CBC Wilmington

Greater Wilmington Business Journal  July 29, 2010
. . .“we’re seeing real gains in private sector employment. Ultimately it’s jobs and income growth in the private sector that adds more durable support to the economy,” Kaglic said.  Read more. . .

Greater Wilmington Business Journal  June 23, 2010
A 60-acre plot of prime Brunswick County real estate on the Cape Fear River has been vacant for about 25 years. The site is one of the most opportune for industrial development, said the town’s mayor, because of its proximity to the railroad, accessibility to the Wilmington port, deep water access points on the river banks and a pier. Read more . . .

Cody Cress

Coldwell Banker Commercial Sun Coast Partners, LLC announces Cody Cress as Agent of the Month for April 2010. 

Cody has a particular interest and specialty in industrial and office properties. His background in environmental engineering and business management provided him with skill sets needed to effect Clients’ successful, fair and efficient transactions in these challenging market conditions. Considering this new economic and business climate, Cody is also adapting his business model and applying his troubleshooting abilities to aid Clients regarding distressed, underperforming and undervalued assets including bank-owned (REO/ORE) commercial properties as well as Broker Price Opinions (BPOs).

COLDWELL BANKER COMMERCIAL — TEAMING UP TO MAKE SALE

Three brokers at Coldwell Banker Commercial Sun Coast Partners, LLC worked together to sell a 5.52 acre tract of land for $770,000 in Wilmington, NC. Jonathan Washburn, Cody Cress and Erik Guffrey teamed up to generate a contract between Echo Condominiums, LLC, local sellers, and Smith/Packett, an independent health care facilities developer out of Roanoke, VA. The property is located on Independence Extension near the Cape Fear River, adjoining the fairways of Echo Farms Country Club. Smith/Packett has plans to construct a 60-bed Assisted Living Facility on the site, including a sorely needed Alzheimer’s component. The closing took place on June 3, 2010 at the law offices of Parker, Poe, Adams & Bernstein, LLP in Raleigh, NC.

Although the property was already zoned “MF-Multi Family”, the intended use as an Assisted Living Facility created a location issue in violation of the proximity limits between group homes. The solution required a zoning change to “O+I Office Institutional” together with a Conditional Zoning approval for the location of a group home. Complex text amendment possibilities were proposed, together with various zoning changes, and ultimately the correct formula was found which passed the Wilmington Planning Department review and received affirmative votes from Wilmington City Council.

This transaction highlights the teamwork approach available at Coldwell Banker Commercial where sophisticated buyers and sellers seek specific outcomes and governmental regulations must be considered. Although the complications created a transaction path lasting more than a year, the final solution was achieved meeting the specific requirements over every party.

Garry Silivanch

Coldwell Banker Commercial Sun Coast Partners, LLC announces Garry Silivanch as Agent of the Month, May 2010.  He has been with Coldwell Banker Commercial-Sun Coast Partners since their merger with Prudential Cres and has been in the real estate industry for over 20 years. He has won many prestigious awards including Top Broker of the US Southern Region 2008 (MO, AR, AL, MS, LA, KY, TN, NC, SC, GA, and FL) and Top Broker of the Year for 2005, 2006, and 2008 in the Prudential Cres Wilmington office.  We are proud to have Garry Silivanch as our Agent of the Month for May 2010.

Coldwell Banker Commercial Sun Coast Partners, LLC announces Jim Conlon as Agent of the Month for March 2010.

Jim specializes in Buyer/Tenant Representation for primary and multiple location businesses focusing on land, industrial, and medical transactions throughout North and South Carolina.  His client profiles range from retail shopping centers, office and industrial, to development land & site selections. Jim has over twenty years experience as a licensed Broker and is a Certified Commercial Investment Member candidate and an Accredited Land Consultant candidate.

GWBJ-April 20, 2010
The area’s top leaders in business and government are leading Cape Fear Future – an initiative meant to attract and retain a professional workforce – begun by the Greater Wilmington Chamber of Commerce.        Click here to read more.

COLDWELL BANKER COMMERCIAL-SUN COAST PARTNERS EARNS COMMERCIAL ELITE AWARD

(Wilmington, NC, 04/08/10) – Coldwell Banker Commercial – SUN COAST PARTNERS has earned the 2009 Commercial Elite award which is bestowed upon the top 15 of 220  Coldwell Banker Commercial^® affiliated companies globally.    

 “The Coldwell Banker Commercial organization prides itself on best in class client service as exemplified by the top companies throughout our global platform,” notes Fred Schmidt, President and COO of Coldwell Banker Commercial Affiliates Inc. “Our brand and  its stature are strengthened by top-performing companies that achieve outstanding financial results without compromising the exceptional quality of service and support they offer their clients. I am honored to present Coldwell Banker Commercial –SUN COAST PARTNERS with this prestigious company award.”

 About Coldwell Banker Commercial Affiliates

Coldwell Banker Commercial Affiliates is one of the leading franchisors of commercial real estate services through the Coldwell Banker Commercial^® brand. Coldwell Banker Commercial is a registered trademark licensed to Coldwell Banker Real Estate LLC. Through its independently owned and operated offices, the Coldwell Banker Commercial network is a premier provider of real estate services and is a leader in the commercial real estate industry. The Coldwell Banker Commercial network of brokers serves the needs of owners and occupiers in the leasing, acquisition, disposition, structured finance and management of all property types. The Coldwell Banker Commercial ^network of commercial brokers can be found in 41 countries in North America, South America, Europe, Africa, Asia and Australia. Coldwell Banker Real Estate LLC is a subsidiary of Realogy Corporation, the world’s largest real estate franchisor. For additional information on the Coldwell Banker Commercial organization, visit the brand’s Web site at www.cbcworldwide.com, or contact them at (800) 222-2162.

Wilmington, NC, 4/08/2010 – COLDWELL BANKER COMMERCIAL-SUN COAST PARTNERS-PROPERTY MANAGEMENT of Coldwell Banker Commercial- has earned a spot in the company’s Bronze Level Circle of Distinction based on their transaction revenue for 2009.  The Circle of Distinction is an honor bestowed upon the top ranking producers among Coldwell Banker Commercial^® professionals. 

“Achieving the Coldwell Banker Commercial Bronze Level Circle of Distinction award is an honor among our  PROPERTY MANAGEMENT professionals,” said Fred Schmidt, President and COO of Coldwell Banker Commercial Affiliates Inc.  “COLDWELL BANKER COMMERCIAL-SUN COAST PROPERTY MANAGEMENT has demonstrated exceptional performance that exemplifies excellence in client service for which Coldwell Banker Commercial professionals are known. This team  is a true asset to our organization.”