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. 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.
Joan Loch – Broker Telephone: 732-691-7834 Email: Joanloch@momentumprojects.com
Joan made a decision in early 2017 to work with a great friend and real estate professional, Terry Espy, and join her company Momentum Companies, as a commercial real estate broker. 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. Among her clients were, Dow Jones Business Information Systems, Curtis Young, EG&G Electrochemical Instruments working with them to build their process development plans and managing projects across internal teams. Upon relocating to North Carolina from New Jersey in 2006, Joan and her husband purchased an art gallery specializing in fine hand-crafted art glass and metal sculpture. She educated herself on retail and the industry and ran all aspects of the gallery business until selling it in late 2015.
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.