September 23, 2010

Market Plaza Announces Renovations

Wilmington, NC, September 23, 2010 – Market Plaza Shopping Center in Wilmington, North Carolina is pleased to announce major renovations have commenced. Site improvements will include updating the exterior building façade and monument signage. The facade renovation will give the center a vibrant and refreshing appearance to the shopping center.


The center update will include the main building from the former Tango Furniture to Best Rentals. The façade renovation will be facilitated through two phases. Phase one will include the areas in front of Rite Aid extending right to Sherwin Williams. Phase one construction will continue south and involve the remaining spaces from Cosmo Prof to Best Rentals. Phase one is planned for completion by the second week of November. Phase two is scheduled to begin the second week of October and will involve all spaces left of Rite Aid to the former Tango Furniture space. Phase two is scheduled to be completed during the first week of December.

In addition to the façade renovation, new shopping center monument signs will be added at the entrances at South Kerr Avenue and Market Street. The signs will display the name of the shopping center and are designed to make the center more visible to the public. Improvements will also be made to the parking lot lighting.

Temporary construction entrances as well as protective covering will be implemented over scaffold areas to ensure the safety of shopping center patrons. On-site signage will be used to communicate the construction activity and coordinate safe traffic patterns on the property. Construction will not interfere with normal business operations. The plans also include demolition of the vacant laundromat building. This area will be used as a construction staging area for materials and will be resurfaced at the conclusion. Clancy and Theys Construction Company will be the general contractor for this project.

Market Plaza Shopping Center is Leased and Managed by Collett & Associates. Founded in 1987 in Charlotte, NC, Collett & Associates is a commercial real estate services firm specializing in retail projects throughout the country. Collett & Associates’ team of 36 real estate professionals is dedicated to providing the highest level of service possible to their clients. Firm services include development, leasing, property management, strategic asset management, investment sales and brokerage.

For leasing information, please contact Steve Pharr at 704-206-8300 or spharr@biz.

For more information concerning construction, please contact Henry Neale at 704-206-8338 or hneale@biz.


Read about it in the STAR NEWS ONLINE (Wilmington, NC)

Read about it in the Greater Wilmington Business Journal

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