![]() ![]() Reporter Cece Nunn contributed to this story. purchased the property for nearly $13.9 million. Serving up an elevated food experience with delicious and unique dishes for breakfast, brunch and. Station One Oceanfront Condos and Townhomes Located at 95 & 101 S Lumina Ave, Wrightsville Beach, NC 28480 Station One, once a thriving rail platform, today is the iconic oceanfront resort whose name is not only a nod to history, but synonymous with luxury island living. We pride ourselves on our hospitality and to make everyone feel that warm welcome when they walk through the doors. In August, Lumina Commons retail center, which sits behind Lumina Station and is anchored by Harris Teeter, also was sold to a real estate investment trust when Phillips Edison-ARC Shopping Center REIT Inc. Blueberry’s Grill is a Mediterranean-themed American casual dining restaurant chain, serving American cuisine, based in NC and SC. These properties have unique environments where people want to shop and where retailers want to locate their business.” “A cornerstone of our company’s investment strategy is to acquire properties with enriching environments that are the center of retail, dining, and entertainment within their submarkets. Apple Jr., president and CEO of Burroughs & Chapin Company, said in the release. “Lumina Station embodies all the characteristics that Burroughs & Chapin looks for as we work to build a best-in-class retail portfolio that will create long-term value for our shareholders,” James W. Lumina Station is the company's only property in Wilmington, Gainer said. It also has a number of commercial properties it develops, leases and manages. ![]() Its portfolio includes the 350-acre Broadway at the Beach complex, and the company bought the 100-acre Barefoot Landing in North Myrtle Beach last year. Lumina Station opened in 1996, and its tenant lineup includes 13 stores, six restaurants and cafes and four service businesses, officials said.īurroughs & Chapin is a family-owned company and is one of South Carolina’s largest private landowners, according to the firm’s website. He said he was “confident” the new owners would continue to invest in the center’s original vision “and take it to the next level.” “It is a pleasure to have the opportunity to pass Lumina Station on to Burroughs & Chapin, a company that has a strong track record of owning and managing exceptional retail properties like Lumina Station,” Joel Tomaselli, owner and general manager of Lumina Station, said in the release. Offices in the Phase II portion not included are condo units that are individually owned, she said. The deal included all of the center's Phase I retail and office space as well as the retail section of Phase II, Gainer said. Lumina Station Commercial purchased Lumina Station LLC for about $8.7 million and Lumina Station II LLC for $5.8 million. Company officials did not disclose the purchase price.Īccording to a deeds filed with the New Hanover County Register of Deeds office, the total transaction was more than $14.5 million. The purchase took place April 3, said Lei Gainer, spokeswoman for Burroughs & Chapin. bought 68,794 square feet of retail and office space at 1900 Eastwood Road, according to a news release. "We want it to be magical and romantic," he said.A Myrtle Beach-based real estate investment trust has bought Lumina Station, the company announced Tuesday.īurroughs & Chapin Company Inc. The Wilmington restaurant will be an elevated counterpart to that eatery. COMING SOON The staple location of the Axis Fitness. There's also The Kipos Greek Taverna in Chapel Hill, which is a reflection of his childhood in Greece. Looking for a gym Axis Fitness offers Group Training, Personal Training, and Open. Bakatsias considers the popular 30-year-old Parizade in Durham to be the flagship of the group. The Giorgios Hospitality Group operates 11 restaurants in Durham, Chapel Hill, Wake Forest and Raleigh. More: As Brunches concept grows, iconic Wrightsville Beach restaurant in limbo More: 7 seasonal Brunswick County restaurants to check out as warmer weather returns It’s planned for the former 1900 Restaurant and Lounge on Eastwood Road. ![]() Kipos Hellenic Cuisine is from James Beard-nominated restaurateur Giorgios Bakatsias. Look for a Greek restaurant from a Triangle-based hospitality group and a third location of a Myrtle Beach-based eatery to open later this year. Two empty restaurant spaces in Lumina Station near Wrightsville Beach will soon be home to new businesses. ![]()
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