On Wednesday, Mark Vitner, managing director and senior economist for Wells Fargo, was the featured speaker for a “State of the Charlotte Commercial Real Estate Market and Outlook” forum.
But most of his presentation ended up being focused on the homebuilding industry.
And the overall theme?
Don’t expect 2012 to deliver a complete turnaround.
“There is real improvement in [...]
Catawba County commissioners voted at their Dec. 5 meeting to award a contract for the Bunker Hill/Oxford School sewage project to Hickory-based Neill Grading and Construction Co.
NGC won the bid for the project — new sewage lines will serve about 20 homes and three schools — with expected costs of $1.5 million.
According to the county’s [...]
The University of North Carolina at Charlotte’s Belk College of Business is launching a master of science in real estate degree program that will begin in August.
“In good times and bad, the commercial real estate industry is one of the key drivers of the economy,” Belk Dean Steven Ott said in a news release. “There [...]
Charlotte-based student housing developer Campus Crest Communities reported earnings in the third quarter, a reversal from the same period last year.
On Tuesday, it said it had net income of $408,000, or 1 cent per share, in the third quarter, compared with a net loss of $6.3 million in the year-ago quarter.
Revenue was $20.39 million, up from $16.87 [...]
Trane completed a yearlong, $3.6 million Central Piedmont Community College construction project in late September to make improvements that will reduce energy usage by 20 percent.
That’s according to Jeff Lowrance, CPCC’s spokesman.
Trane is presenting CPCC with a Trane Energy Efficiency Leader Award Wednesday at Tate Hall in the Overcash Building, 1206 Elizabeth Ave.
Trane is part of Ingersoll [...]
Driving down Main Street in Conover, visitors are likely to see a scene both familiar and heartbreaking for many rural North Carolina cities: shuttered shops and crumbling factories, ghosts of a more prosperous time.
But in a few of the old buildings there can be seen signs of fighting back against a flagging economy and a [...]
Morrisville-based Southern Energy Management is scheduled to start installing two arrays of solar panels this month on the roof of Davidson College’s Baker Sports Complex.
Britt Weaver, director of commercial finance and sales at the company’s Charlotte office, which will perform the work, said the $600,000 project is being funded by the college and a North [...]
At their Sept. 20 meeting, Lincolnton’s planning board approved construction of a parking lot for Gaston College in a 4-2 vote.
The property is near the intersection of South Academy and East Congress streets.
Through the project, about 40 more parking spaces will be added.
Developer Carl Stewart told planning board members the new spaces would likely be [...]
A new batch of real estate agents is about to hit the market, educated by Charlotte’s own Central Piedmont Community College.
According to a Tuesday CPCC press release, the college’s real estate students achieved a 90 percent pass rate on the North Carolina Real Estate License Exam during the July 1, 2010-June 30, 2011, testing period. Fifty-two [...]
Age: 39
Lives in: south Charlotte
Family: divorced; children, Stefan, 18, Nathan, 16
Education: Did not attend college
As director of facilities planning and real estate for Charlotte-Mecklenburg Schools, Dennis LaCaria oversees about 170 school facilities totaling approximately 21 million square feet.
Not bad for a guy who never went to college. (He opted to join the Navy [...]
