A Wilmington-based commercial real estate firm is expanding its property management business and its team with the hire of a local industry veteran.

Cape Fear Commercial (CFC) announced Tuesday the addition of Hae Ellis, who is joining the firm as a senior vice president and brings over 30 years of real estate experience to the role, a news release stated.

According to the release, Ellis will continue to oversee her nearly 500,000-square-foot management portfolio as it transitions to CFC’s property management team, bringing the firm closer to its goal of managing 4 million square feet by the end of the year.

She will also pursue a stronger focus on sales and leasing, the release stated.

“I am thrilled for the opportunities this move presents to my clients as well as myself,” Ellis said in the release. “CFC has developed a top-notch team of professionals…

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