Paul S. Loukas, SIOR, CCIM is a Partner and the Broker-in-Charge at Cape Fear Commercial, where he oversees the firm’s brokerage division.

Throughout his 22 years in the commercial real estate industry, Paul has personally brokered more than 700 transactions with a gross consideration of over $850 million.

Primarily focused on development tracts and investment sales, he has sold some of the region’s largest and most prominent pieces of real estate. Notable transactions include:

• $68M sale of the 400,000 SF Thermo-Fisher mid-rise office tower, representing the largest commercial transaction ever in the region - awarded the Co-Star Sale/Acquisition of the Year Award.

• $15M sale of the Renaissance Courtyard, a portfolio of Class-A office buildings that hit a record price.

• $9M sale of the Murchison Building, an 11-story historic landmark in downtown Wilmington with over 50 tenants - awarded the Co-Star Sale/Acquisition of the Year Award.

• $6M sale of a vacant 30,000 SF development site at 101 N Front Street in downtown Wilmington. The sale of several vacant redevelopment oceanfront sites, including the recent sale of 7 acres along the coast of Surf City

• Represented investors, developers, and builders in the sale of nearly 100 subdivisions, totaling 12,000+ developed and paper lots.

• The sales of several development tracts along the riverfront, totaling more than 17 acres, including several properties that were catalysts for the revitalization and growth of the northern riverfront.

• Represented over 21 banks and lenders to dispose, manage, and work through their troubled and OREO assets, including several individual and portfolio loan sales.

• Represented several local municipalities for real estate needs, including the City of Wilmington, New Hanover County, and the Town of Carolina Beach.

In addition to his role as Broker-in-Charge, Paul is a Partner with the firm’s development affiliate, Cape Fear Development.

Originally from Washington, DC, he is a graduate of the University of Richmond and holds both SIOR (Office and Industrial, Dual Specialist) and CCIM designations. He and his wife, Colleen, live on Wrightsville Beach with their two sons, Paul Jr. and Pete.