Terry Espy
President, MoMentum Companies
Wilmington, NC 28401
Real Estate Brokerage, Development and Business Sales
Phone (910) 519-3003
Real Estate Brokerage, Development and Business Sales
Specialties
Landlord Rep, Tenant Rep
Property Types
Industrial, Land, Office, Retail, Multi-Family, Health Care
Markets
Raleigh/Durham, Asheville, Wilmington
Bio
Terry Espy’s career in real estate development and brokerage spans more than thirty years. She is currently involved in some of the most innovative, progressive projects in resurgent downtown Wilmington. She felt honored being asked to assist in the development of the commercial component of South Front District adjacent to Greenfield Lake Park by Tribute Company for the revitalization of that area. As part of the effort she secured famed eastern North Carolina chef, Vivian Howard and husband Ben, as a restaurant tenant in South Front. That is simply the latest in her efforts for directing Wilmington to become a “food destination”. Pinpoint Restaurant, The District, Tarantelli’s, Platypus & Gnome, Johnny Lukes are all recent examples of her development success in that area. On Castle Street Arts & Antique District, her boutique style of development is showcased with bringing back to life the historic Firehouse and assisting the 2006 HGTV Star Meg Caswell start her design business here in town. Throughout the downtown she has coordinated the sale and/or lease of numerous historic properties for upper level tech and business service companies, strengthening the zoning mix to support retail and restaurants.
Terry utilizes an entrepreneurial approach to development, conquering complex projects and creating strategic partnerships. Her expertise is broad, ranging from turn-key real estate brokerage and development, site selection and entitlement, project design incorporating value engineering throughout, team leadership skills, interior design skills including programming, space planning and FF&E procurement, to graphic design and collateral production.
A graduate of the University of South Carolina, Terry has received numerous business honors including “Who’s Who in Outstanding Young Women”, Triangle Business Journal’s “Women in Business Award”, and Raleigh Chamber of Commerce’s “Pinnacle Award”. She has been interviewed by The New York Times, Entrepreneur Magazine, Money Magazine and most recently, The Wall Street Journal.
Education
Awards