Ashley Furniture Homestore to add second flagship store in Wilmington
Ogden Plaza Shopping Center will soon undergo renovations to accommodate a new anchor tenant, Ashley Furniture Homestore. This will be the second flagship Wilmington location for Ashley Furniture Homestore and local owner Herbie Walton. The new Ogden Plaza store, at 33,000 SF will replace the existing 12,000 SF outlet store located at 6508 Market Street.
“We are very excited to have Ashley Furniture as our lead to tenant which will enable us to start much needed renovations to Ogden Plaza. This geographic location is second to none in the Ogden trade area, which will only be enhanced when the NCDOT improvements are completed. That said, the shopping center is in true need of an update. There will be an entirely new facade on 80% of the shopping center, with new store fronts, deeper canopy and enhanced hardscape features,” says Hill Rogers of Cameron Management, which provides leasing and management services for Ogden Plaza.
BMH Architects is the project architect and Montieth Construction is the General Contractor overseeing the improvements.
David Lucas, real estate broker with Julius M. Feinblum Real Estate, Inc., represented Ashley Furniture Homestore in the transaction.
About Cameron Management, Inc.
Cameron Management, Inc. is a full-service commercial real estate firm based in Wilmington, N.C., providing real estate brokerage and property management services to tenants, landlords, owners and developers. More information can be found on its website at www.cameronco.com.