WELCOME

TO THE

MOMENTUM

WAY

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.

THE TEAM

Headshot-Terry

Terry Espy

Broker Owner


[email protected]
Mobile: 919-270-1711
Facebook: https://www.facebook.com/terry.s.espy

Terry Espy’s career in real estate development and 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 adjacent to Greenfield Lake Park by Tribute Company for the revitalization of that area. As part of the effort she secured famed eastern North Carolina chef, Vivian Howard and husband Ben, as a restaurant tenant in South Front. That is simply the latest in her efforts for directing Wilmington to become a “food destination”. Pinpoint Restaurant, The District, Tarantelli’s, Platypus & Gnome, Johnny Lukes are all recent examples of her development success in that area. On Castle Street Arts & Antique District, her boutique style of development is showcased with bringing back to life the historic Firehouse and assisting the 2006 HGTV Star Meg Caswell start her design business here in town. Throughout the downtown 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 utilizes an entrepreneurial approach to development, conquering complex projects and creating strategic partnerships. Her expertise is broad, ranging from turn-key real estate brokerage and development, site selection and entitlement, project design incorporating value engineering throughout, team leadership skills, interior design skills including programming, space planning and FF&E procurement, to graphic design and collateral production. A graduate of the University of South Carolina, Terry has received numerous business honors including “Who’s Who in Outstanding Young Women”, Triangle Business Journal’s “Women in Business Award”, and Raleigh Chamber of Commerce’s “Pinnacle Award”. She has been interviewed by The New York Times, Entrepreneur Magazine, Money Magazine and most recently, The Wall Street Journal. Community Involvement President - Downtown Business Alliance Board Member - Wilmington Historic Preservation Foundation Board Member - Thalian Hall Center for Performing Arts Member - CREW Commercial Real Estate Women

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Jeff Chase

Managing Broker In Charge


Facebook: https://www.facebook.com/jeff.chase.5268

Jeff has been in the real estate business for over 15 years and sold over $50 million worth of both residential and commercial property. With hundreds of transactions including over 60 in the last 3 years, his experience and knowledge base is truly an asset to buyers and sellers. He graduated in 1980 from the University of Connecticut with a degree in urban studies and a minor in business. During most of the 80’s he worked in the real estate business in and around Hartford, Connecticut. He first worked as an agent selling both commercial and residential properties and then worked for 5 years in a small investment and development company. As Director of Acquisitions, he was responsible for the purchase and sale of over 30 million dollars’ worth of investment property. By the end of 1989 the portfolio contained over 500,000 square feet of office/retail space as well as over 1,000 apartments. In 1989 Jeff moved to Boston and opened an art gallery called Chase Gallery. After 12 years in Boston, his wife and he wanted a more relaxed lifestyle and better weather, so in 2001, they moved to Wilmington with their three children. In 2004 Jeff re-instated my broker’s license and began selling real estate in Wilmington. On his days off, he enjoy tennis, golf, sailing, photography and even spends time as a professional artist, selling his paintings in galleries from Boston to New Orleans.

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Joan Loch

Commercial Broker


Facebook: https://www.facebook.com/joan.w.loch

Joan Loch joined Momentum Companies, as a commercial real estate broker in 2017. She is a specialist at Momentum Companies for Business Sales, helping business owners in the tri county area sell their business. Joan is originally from Southern New Jersey where her career started in marketing with corporate companies such as Union Carbide, VPP Inc, and Acme Manufacturing. She ventured out on her in the mid 90’s to begin a consulting career in process development and project management with clients such as Dow Jones Business Information Systems, Curtis Young Company and EG&G Inc to name a few. A severe injury in 2003 side lined her until she and husband Mike relocated to NC in 2005. They purchased Crescent Moon, a gallery of fine handcrafted art glass and metal sculpture, which they owned and operated until September 2015. She is the owner and organizer of the American Craft Walk Wilmington held each September in downtown Wilmington, an event that premiered in 2016. Overall, her career spans 40 years accumulating experiences and expertise in marketing and business development. Joan additionally has board participation experience both in NJ and NC. Honorable mentions include from National Women in Business, American Marketing Association, and articles in several magazines written about her marketing successes. Community Involvement: Vice President – Downtown Business Alliance Vice President – Thalian Association Member - IBBA International Business Brokers of America Member - BNI Business Network International Member - CREW Commercial Real Estate Women

[email protected]
Mobile: 732-691-7834
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Celeste Salzberg

Commercial Broker


Facebook: https://www.facebook.com/celeste.salzberg

In 2002, after leaving active duty in the Army, Celeste Salzberg’s interests were peeked by her then business mentor. This led her to became 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.”

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Kennan Espy

Commercial/Residential Broker and Property Management


Facebook: https://www.facebook.com/profile.php?id=11830568
Kennan Espy, 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.

OUR HISTORY

MoMentum companies has evolved from it’s roots in project management to a fully integrated real estate brokerage and development group. For over two decades, MoMentum companies has developed projects in the medical, multi-family, retail, hospitality, office and mixed-use sectors. Recognized in the industry and community for utilizing an entrepreneurial approach to brokerage and project management, conquering complex projects and creating outstanding facilities while ensuring budgets and timelines are met.