MoMentum Companies has evolved from it’s roots in project management to a fully integrated real estate brokerage and development group. For over two decades, MoMentum Companies has developed projects in the medical, multi-family, retail, hospitality, office and mixed-use sectors. Recognized in the industry and community for utilizing an entrepreneurial approach to brokerage and project management, conquering complex projects and creating outstanding facilities while ensuring budgets and timelines are met.
Services: Brokerage Development Project Management Business Sales
Meet The Team
Terry Espy – Principal Telephone: 919-270-1711 Email: Terry@momentumprojects.com
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.
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.
Joan Loch – Managing Broker Telephone: 732-691-7834 Email: Joanloch@momentumprojects.com
Previously she owned a consulting company specializing in helping small businesses, Market Resource One, in Wilmington to plan, expand and market themselves. Her marketing career spans 30 years with expertise in project management, process development and product marketing. Joan specializes in Business Sales.
Studies at Rutgers University, Mercer County College and several professional courses allowed Joan to develop her early career in corporate companies until venturing out to create her consulting business, Market Resource One. Honors from National Women in Business, American Marketing Association, and articles in several magazines for about her unique gallery have all contributed to her growth and readiness to take on a new challenge. Joan is active in the Downtown Business Alliance. Joan and Terry have worked together on several initiatives with the Downtown Business Alliance developing a working relationship that compliments each other.
Kennan Espy – Broker Telephone: 919-602-2510 Email: Kespy@momentumprojects.com
Kennan Espy, raised in Cary, NC, has spent nearly a decade in Wilmington after living a short time in Arizona and Philadelphia. Graduating from Arizona State University with a BA in business and a minor in sustainability, he has over 10 years of experience in hospitality and sales. Kennan has been a broker with Momentum since early 2018, yet has been with the company for many years in the project management and development side of the business. His versatile history allows the ability to work in many directions of the real estate industry. A few local projects he has collaborated with include the South Front District, Floriana’s, and Warehouse 1856 as well as volunteering with DBA. He enjoys golf and spending time with his wife and their dog.
Celeste Salzberg – Broker Telephone: 910-434-6967 Email: Csaltrealtor@gmail.com
In 2002, after leaving active duty in the Army, Celeste Salzberg’s interests were peeked by her then business mentor. This led her to become a realtor. Since 2002, Salzberg has worked in several different Real Estate markets, including the Washington DC metro area and San Juan, Puerto Rico. From these multifaceted experiences, she brings a wealth of knowledge to the negotiating table. She is a multi-million dollar producer and has consistently been awarded membership into her companies’ Executive Club. In 2017 Salzberg relocated to downtown Wilmington and has been very involved and passionate about the urban revitalization of the area. She is an advocate for Historic renovations and an expert in the downtown market. She is a frequent patron at the local establishments and can offer many recommendations to the best places to eat, drink, see shows and view all the arts that make up downtown. Salzberg says, “I feel a connection with people every day. I help them buy and sell their most precious asset- ‘their home’.” When asked what drives her, she says, “The look on my clients’ faces when I have made their dream into a reality.” Mission Statement: Revitalize the Wilmington urban market to create a strong, diverse community of neighbors and businesses that will in turn generate more wealth and camaraderie. My target members are active, supportive and welcoming. They support local businesses and want to grow our community through active participation.
Drew Espy – Broker Telephone: 919-602-7029 Email: Drewespy@momentumprojects.com
Drew Espy is the youngest of the Espy brothers, he has been involved in the family business for some time but has now made it official by taking and passing his NC RCA and becoming a licensed Real Estate Agent. With background in property management of the company’s properties and short-term rentals Drew brings much experience to our endeavors. His also 10 years in the hospitality industry conveys in his warm-hearted friendly personality and willingness to please.
Elizabeth O’Donnell – Office Manager Telephone: 631-987-3885 Email: Eliza@momentumprojects.com
Liz our office admin comes to us from Long Island, New York. There she spent 10 years as administrator, assisting many agents at Coldwell Banker Commercial NRT. She also has background in accounting and bookkeeping and worked with a company putting technology into the NYC School Districts. Liz relocated to downtown Wilmington in 2019 and bought a wonderful Historic home downtown. Elizabeth holds a North Carolina Notary Public status and offers this complimentary service to our clients and neighbors, she loves to be busy and help whomever needs assistance. When not working or visiting the many downtown establishments, She can often be seen walking the Riverwalk or at the Dram Tree Park with her 2 Great Danes.
