Month: June 2020

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In Wrightsville Beach, Office Building Sells For $1.3M

Previously owned by MegaCorp Logistics, the building was purchased Aug. 14 as an investment by Wilmington endocrinologist Ghobad Azizi.

PlayerSpace, a sports management software company, occupies the 4,400-square-foot structure after leasing the space and moving there recently to¬†accommodate the 15-employee firm’s growth.

Having a tenant occupy the entire building “made it an attractive investment for Dr. Azizi,” said Spruill Thompson, senior vice president of Wilmington-based commercial real estate firm Cape Fear Commercial.

Thompson represented MegaCorp Logistics in the sale, while Eian Lundy of Carolina Commercial Investment Properties represented Sonogenic Holdings LLC, the entity managed by Azizi that now owns the building.

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