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Vacancies build barriers to construction loans (access required)

On June 9, Charlotte-based Bissell Cos. started construction on two office buildings in Ballantyne Corporate Park. The company calls it the largest speculative office project in the U.S. The $100 million project will add another 550,000 square feet to the corporate park. But the project is significant for more than its size. In today's construction industry, speculative construction ...

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