News

Welcome and Congratulations Drew Espy: Drew Espy is the youngest of three sons of Terry Espy, owner of Momentum Companies, Inc., and he is now the second to pass brokerage requirements to join the firm.  He has been involved in the family business peripherally for some time assisting in a general capacity but has now made…

How to sell a home in the winter Winter is not the peak real estate season, but winter home sales are becoming more common, as home sales increase across all seasons. According to Zillow research, 23 percent fewer homes are sold in winter than in spring, and homes listed for sale in the winter stay…

A  Wilmington tradition returns to Thalian Hall with the 10th annual screening of Frank Capra’s iconic holiday film “It’s A Wonderful Life” showing Dec. 21-23. Cheryl M. Whitaker Wilmington StarNews WILMINGTON — The main lobby of Thalian Hall is being transformed into a holiday wonderland, which will include displays of Tony Rivenbark’s famous toy collection. The theater…

Wilmington NC. December 2nd, 2020 – MoMentum Companies is proud to announce that Citrus Salon has finalized their lease for their new space at River Place in Downtown Wilmington” “With a grand opening scheduled for late spring 2021 owner, Alex May, knew downtown Wilmington was her destination and she is excited about being a part…

A prominent restaurant in downtown Wilmington has ordered up a new location. Ruth’s Chris Steak House is moving south down Water Street from the Hotel Ballast to River Place, a 13-story mixed-use project overlooking the Cape Fear River.  Officials with River Place developer East West Partners and commercial real estate and development firm MoMentum Companies…

These discussions will be streamed for free on Facebook Live on the Business Journal’s Facebook page, starting at 8 a.m. The Power Breakfast series is a quarterly gathering of the business community and other community leaders to talk about issues of interest to our region. Each breakfast features a panel discussion or individual speaker focusing on…

“When people come in from out of town, looking to move their family or business, we start by taking them on a walkabout, exploring the Riverwalk and neighborhood streets. They fall in love with the character of our city’s old homes, the cobblestone streets, the live oaks and Spanish moss. And the icing on the…

Wilmington NC. May 15th 2020 – MoMentum Companies is proud to announce that DesignLoud Inc. has chosen downtown at 10 N. Front Street, Wilmington, NC to locate their office.  Owner Derek Schmidt and his team looked at other spaces but fell in love with the vibe and walkability of being downtown. “It speaks to the…

In downtown Wilmington, an entrepreneurial couple plans to bring a modern vision to life in an historic building facing the Cape Fear River.  Tracey and Girard Newkirk have leased the second floor, nearly 4,800 square feet, of 5 S. Water Street for their latest venture, Genesis Block. The concept will include offices and coworking areas,…