Wilmington Commercial Real Estate Agents

WELCOME

TO THE

MOMENTUM

WAY

Momentum's team of passionate local agents offer a comprehensive scope of commercial real estate services that is unparalleled in the Wilmington area.

ABOUT US

At Momentum we strive to find the right buyer, the right investor and the right solution for your businesses future. We are bold enough to make the unexpected phone call to lure the perfect person or business to fill the need.

Our approach to commercial real estate endeavors includes a holistic view and uniquely customized solutions that extend beyond the conventional relationship between client and broker.

THE TEAM

Terry Espy - Owner of Momentum Companies

President
Terry Espy

Terry Espy

Broker Owner


terry@momentumprojects.com
Mobile: 919-270-1711
Facebook: https://www.facebook.com/terry.s.espy

Terry Espy's career in real estate development, as well as commercial and business brokerage, spans more than thirty years. She is currently involved in some of the most innovative, progressive projects in resurgent downtown Wilmington. She felt honored being asked to assist in the development of the commercial component of South Front District by Tribute Properties. As part of the effort, she secured famed eastern North Carolina chef, Vivian Howard famed eastern North Carolina chef, Vivian Howard and husband, Ben, as the first husband, as the first restaurant tenant in South Front. Espy has focused on bringing restaurants to Wilmington that sets the market apart. The effort has paid off resulting the Wilmington being designated as one of the "Top Ten Small City Foodie Destinations"! She spearheaded the Downtown Alive program during the Pandemic which closed several downtown streets Thursday through Sunday enabling restaurant owners the ability to seat along the sidewalks and into parking spaces, allowing the guests the ability to stroll down the closed streets and enjoy a great meal Downtown. The result was 32 Downtown restaurants not only survived, but saw their best revenues to date. Along the Castle Street District, her boutique style of development is showcased by bringing back to life the historic Firehouse located at 5th and Castle, which is now a very popular event venue and short-term rental that a II can enjoy. Throughout the region she has coordinated the sale and/or lease of numerous historic properties for upper-level tech and business service companies, strengthening the zoning mix to support retail and restaurants. Terry held the position of President of the Downtown Business Alliance for 7 years and is currently President of the Thalia n Hall Center for the Performing Arts. She has served on the boards of Historic Wilmington Foundation, JDRF, and the Cape Fear Museum. She has received numerous business honors including "Triangle Business Journal's "Women in Business Award" and Raleigh Chamber of Commerce's "Pinnacle Award". In her spare time, you will find Terry rockin' out in a band called THE HOT FLASHES featuring 8 women "of a certain age" who were recently featured on the cover of AARP Magazine!! Featured in: New York Times Wall Street Journal Wilmington Business Journal Cary News Triangle Business Journal Star News News and Observer Wrightsville Beach Magazine Cape Fear Living Focus on the Coast AARP Community Involvement President - Thalian Hall Center for Performing Arts Past President - Downtown Business Alliance Board Member - Wilmington Historic Preservation Foundation Member - CREW Commercial Real Estate Women

Adam NIcholas COO

Chief Operating Officer
Adam Nicholas

Adam Nicholas

Business Broker


Adam is the Chief Operating Officer of MoMentum Companies. He grew up in upstate New York and served 6 years in the Marine Corps Reserves before moving to Wilmington in 2011. Adam soon married his wife Kate and decided to call the Port City their home. Adam has worked in commercial real estate since 2013 with a focus on business brokerage starting in 2021. Adam's extended family has been an integral part of the local real estate and development industry for many years, and their example has encouraged him to become a mentor for others in the real estate community. Apart from helping clients buy and sell businesses and real estate, Adam also consults on residential and commercial development projects. Adam gives back to the Wilmington community through his 8 years of foster parenting and by serving on the board for ACCESS of Wilmington, helping to make sports and fitness activities accessible to people of all ability levels. When not at work or volunteering, Adam stays busy with his five children, many dogs, and enjoying the great outdoors.

Kennan Espy - Commercial/Residential Broker

Chief Financial Officer
Kennan Espy

Kennan Espy

Commercial/Residential Broker and Property Management


Kennan Espy is the Chief Financial Officer and Broker in Charge at MoMentum Companies. He was raised in Cary, NC, has spent nearly a decade in Wilmington after living a short time in Arizona and Philadelphia. Graduating from Arizona State University with a BA in business and a minor in sustainability, he has over 10 years of experience in hospitality and sales. Kennan has been a broker with Momentum since early 2018, yet has been with the company for many years in the project management and development side of the business. His versatile history allows the ability to work in many directions of the real estate industry. A few local projects he has collaborated with include the South Front District, Floriana’s, and Warehovse 1856 as well as volunteering with DBA. He enjoys golf and spending time with his wife and their dog.
Bob Hoza - Commercial Broker

Commercial and Business Broker
Bob Hoza

Bob Hoza

Business Broker


Bobh@momentumprojects.com
Mobile: 941-400-1494
Bob Hoza has emersed himself in real estate and related industries for over 30 years. His career started in both residential and commercial real estate leading into large projects in both areas nationwide. Presently, Bob is concentrating on his passions of Commercial Sales and Business Opportunities. With a strong background in finance, management and business systems, he enjoys helping individuals create a dream, build, grow, maintain, and share that dream to meet their goals. Real-estate is Bob’s second love. He is a very proud husband, father, and grandfather. He enjoys spending time with the family, traveling and golf.

Andrew Bergen - Commercial and Business Broker

Commercial and Business Broker
Andrew Bergen

Andrew Bergen

Commercial & Business Broker


Andrew Bergen, of Momentum Projects, Though Andrew is new to being a broker, his extensive background in Commercial Construction provides him with the knowledge needed to guide the client in the purchasing journey. Andrew thrives in providing extensive research to ensure his clients find the right property that fits their needs. He is punctual, attentive, and prides himself on maintaining open communication throughout the purchase/selling process. When he is not dedicating his time to his clients, Andrew can be found playing with his dog Maverick, or hiking up in the mountains.

Elizabeth O'Donnell - Office Manager

Office Manager
Elizabeth O'Donnell

Elizabeth O'Donnell

Office Manager


Facebook: https://www.facebook.com/ElizaBODonnell/

Liz our office admin comes to us from Long Island, New York. There she spent 10 years as administrator, assisting many agents at Coldwell Banker Commercial NRT. She also has background in accounting and bookkeeping and worked with a company putting technology into the NYC School Districts. Liz relocated to downtown Wilmington in 2019 and bought a wonderful Historic home downtown. Elizabeth holds a North Carolina Notary Public status and offers this complimentary service to our clients and neighbors, loves to be busy and help whomever needs assistance. When not working or visiting the many downtown establishments, She can often be seen walking the Riverwalk or at the Dram Tree Park with her 2 Great Danes.

Celeste Salzberg - Residential and Commercial Broker

Residential/Commercial Broker
Celeste Salzberg

Celeste Salzberg

Residential / Commercial Broker


Facebook: https://www.facebook.com/celeste.salzberg
csaltrealtor@gmail.com Mobile: 910-434-6967

In 2002, after leaving active duty in the Army, Celeste Salzberg’s interests were peeked by her then business mentor. This led her to become a realtor. Since 2002, Salzberg has worked in several different Real Estate markets, including the Washington DC metro area and San Juan, Puerto Rico. From these multifaceted experiences, she brings a wealth of knowledge to the negotiating table. She is a multi-million dollar producer and has consistently been awarded membership into her companies' Executive Club. In 2017 Salzberg relocated to downtown Wilmington and has been very involved and passionate about the urban revitalization of the area. She is an advocate for Historic renovations and an expert in the downtown market. She is a frequent patron at the local establishments and can offer many recommendations to the best places to eat, drink, see shows and view all the arts that make up downtown. Salzberg says, "I feel a connection with people every day. I help them buy and sell their most precious asset- ‘their home’." When asked what drives her, she says, "The look on my clients' faces when I have made their dream into a reality.” Mission Statement: Revitalize the Wilmington urban market to create a strong, diverse community of neighbors and businesses that will in turn generate more wealth and camaraderie. My target members are active, supportive and welcoming. They support local businesses and want to grow our community through active participation.

Drew Espy

Residential/Commercial Broker
Drew Espy

Drew Espy

Broker Commercial/Residential


Facebook: https://www.facebook.com/drew.espy.7

Drew Espy is the youngest of the Espy brothers, he has been involved in the family business for some time but has now made it official by taking and passing his NC RCA and becoming a licensed Real Estate Agent. With background in property management of the company’s properties and short-term rentals Drew brings much experience to our endeavors. His also 10 years in the hospitality industry conveys in his warm-hearted friendly personality and willingness to please

Amy Brown - Residential and Commercial Realtor at Momentum Companies

Residential/Commercial Broker
Amy W. Brown
Ellen Herring - Real Estate Agent at Momentum Companies

Commercial Broker
Ellen Herring

Ellen Herring

Commercial and Residential Broker


Ellen has experience in both residential and commercial real estate. She is very much a people person. Ellen likes to get to know her clients on a more personal level therefore making the purchasing or selling feel less transactional. She prides herself on remaining connected to the client throughout the entire process to ensure a seamless experience. Ellen spends her free time volunteering, teaching Pilates and going on road trips all across the country with her husband.

Monica Rohena - Commercial and Residential Broker with Momentum Companies

Residential Broker
Monica Rohena
Monica Rohena Residential Broker Monicarohenarealtor@gmail.com 910-200-4608 Monica relocated to Wilmington in 2003 after working in Corporate Travel in NYC/NJ for many years. Being bilingual in Spanish and English, and a little French, has been a great asset for her career. As a Residential Broker at Momentum and Outreach Coordinator with New Hanover County, Monica  thrives in making connections, building relationships, and helping her clients reach their dreams of becoming homeowners.  She is pursuing her Workforce Housing Specialist Certification to help make  the possibility of homeownership a reality for many in our community. In her free time, Monica loves to work out, swim, go to the beach, and spend time with her family and little dog Piper.
Chantay Allen - Business Broker at Momentum Companies

Business Broker
Chantay Allen

Chantay Allen

Business Broker


Chantay Allen, a Business Broker at Momentum Companies, is a native of Southern California and has a diverse business background with an education in the social sciences and ability to speak Spanish. Nearly ten years of combined retail management experience in North Carolina and California has earned Chantay a broad perspective and developed her expertise in customer service, marketing, sales, retail operations, and knowledge of corporate-to-franchise relations. As a former Inside Sales Representative for a Consumer Products line at a minority-owned small business in California, Chantay raised the bar by setting a new sales quota. Chantay’s consumer products work experience with factories in Hong Kong and Shenzhen, China, increased her commitment to think globally and act locally. Having owned and operated a local nutrition store franchise, Chantay has the ability to relate to buyers and sellers since she has been through the process of buying a business. As a Business Broker with eight years of experience, Chantay has sold an assortment of established restaurant, bar, retail, salon, and advertising businesses. Chantay has served on the Cape Fear River Watch Board of Directors and is involved in the arts community. For the last 14 years, the Atlantic coast region has become a special place for her to live and help a great variety of local businesses in the Southeast thrive.

Andrew T

Commercial Broker
Andy Scheid

Andrew T. Scheid

Business Broker/Realtor


Andy is thrilled to join forces with the Momentum team of professionals, helping business owners share their stories as they sell or buy their next venture. He also plays a significant role in helping Wilmington’s residential market by assisting individuals in finding their next home or selling their property. What’s most important to Andy is his relationships—with his clients, his vendors, and the community at large. He is proud to call the Forest Hills neighborhood his home for many years, along with his wife, Wendy, and their three grown sons, Taylor, Drew, and Owen. Let Andy be your guide as you discover the ever-changing Wilmington marketplace together.

Cheryl Novak

Commercial Broker
Cheryl Novak

Chryl L Novak

Commercial Broker


Cheryl is an attorney with experience in all aspects of commercial real estate transactions. Prior to joining Momentum, Cheryl most recently worked as nationwide escrow officer closing large commercial transactions in all fifty states for General Motors and Ally Bank, among other clients. She previously held positions as commercial real estate counsel in a Minneapolis law firm and in an international law firm in Hartford, Connecticut. Cheryl’s expertise is helping clients to achieve a seamless and rewarding transaction. In addition to her legal expertise, Cheryl is an experienced Life Coach with an intuitive ability to strategize and problem solve for her clients. Clients appreciate Cheryl’s solution-based thought process and pro-active advice to meet their commercial real estate goals. In her free time Cheryl enjoys yoga, travel, music, boating and spending time with family and friends.

Monica Himes

Commercial Broker
Monica Himes

Monica Himes

Commercial and Residential Broker


Monica has over 20 years of experience in commercial real estate and capital markets within Latin America and the U.S. She has expertise in investment sourcing & property disposition, capital raising & marketing, as well as real estate advisory for individual and institutional investors. Monica has a Master’s degree in Finance, holds NC Real Estate license and FINRA Series 7 & 63 licenses.

Scott Gales - Residential Real Estate Agent

Residential Broker
Scott Gales
Hello! My name is Scott Gales. I'm a proud new member of the Momentum team. I am a local native of Brunswick and New Hanover County, born and raised.  The only time I’ve left is for collage and military service.  Over the last 35 years I have been involved in the construction industry, from replacement windows and doors, moulding and millwork to new construction: both residential and commercial. The last 15 years have been dedicated to the growth and development of my moisture, mold and fungal remediation company. Unfortunately due to health restrictions and the physical demands of that career path, I've decided to step back from the day to day operations and choose a new career path.  I went back to school and received my North Carolina real estate license. I wish to provide that knowledge and experience to my potential homebuyers and look forward to serving you!

IN THE NEWS

News / Wilmington Commercial Real Estate

7 Advantages To Starting A Business In Wilmington

Matt Espy / January 27, 2024
News / Wilmington Commercial Real Estate

Momentum Companies Acquires Integral Commercial Group

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News / Wilmington Commercial Real Estate

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Wilmington Biz Expo 2023

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MoMentum Companies helps several new business owners!

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Building Up Downtown: Several Projects Present Growth Opportunities

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OUR HISTORY

A fully integrated real estate brokerage and development group, MoMentum Companies is known for its community-centric strategies and results. Areas of expertise include commercial sales, leasing and development, and business brokerage. For more than two decades, MoMentum Companies has developed and brokered projects in the medical, multi-family, retail, hospitality, office, and mixed-use sectors. Recent successes include the sale of The George Restaurant and real estate, and Ruth’s Chris Steak House’s new lease at River Place. Owner Terry Espy’s sons Kennan and Drew, brokers at the firm, share her passion for building a thriving Downtown Wilmington, as does her sister Donna Wallin, who manages the group’s event space, Station No. 2., and several downtown Airbnbs. Recognized for its boutique approach to brokerage, the team at MoMentum focuses on both the client’s and the community's best interests while conquering complex issues, creating successful outcomes, and enhancing the quality of life in the region. MoMentum is a fan of the substantial investment made in Downtown Wilmington by private entities and the City itself. Visit momentumprojects.com to learn more.