Crosland and Alta Financial Services broke ground Tuesday on the Hilton Garden Inn and Homewood Suites Charlotte SouthPark. The hotel will be on a 3.65-acre parcel off Sharon Road, directly behind Sharon Corners Shopping Center at the site of the ...Read More »
Commercial Real Estate
The Charlotte City Council on Monday approved rezoning petitions for a large mixed-use project in the Cherry neighborhood and a townhome development on the south side of Fairview Road. The council voted 11-1 to approve a petition that Midtown Area ...Read More »
UNC Charlotte Chancellor Philip Dubois likes to share a joke at the onset of speaking engagements. So he was ready with a good one to warm up the crowd before last week’s announcement that Childress Klein Properties was donating $2.5 ...Read More »
The town of Cornelius Board of Commissioners approved an automobile sales district overlay Monday night to encourage more dealerships to open in town. Commissioners voted 4-0 in favor of the district. Commissioner Dave Gilroy was absent and Mayor Chuck Travis ...Read More »
A major uptown development in the First Ward has started looking for at least one large commercial tenant before it breaks ground on a 20-story office building. Daniel Levine, an owner of project developer Levine Properties, told The Mecklenburg Times ...
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Editor’s Note: Karnes Report Charlotte Retail contained an error regarding space at the Rock Hill Galleria being leased by Sears. That information has been removed from this story. Demand for retail space is up in the smaller shopping centers, with ...Read More »
Development and investment firm Stream Realty Partners has acquired the former AT&T Plaza building in the Second Ward for $45.5 million. Stream Realty purchased the building, which it is renaming 300 South Brevard, from CK Southern Associates, a partnership between ...
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Bissell has launched construction on a speculative 287,507-square-foot office building in south Charlotte’s Ballantyne Corporate Park, and announced its intention to build more than 900,000 more square feet of office space in the future. Dubbed the Brigham Building, the 10-story ...Read More »
Real estate firms are confident in the industry’s future growth and their increasing profitability, according to a recent survey by the National Association of Realtors. The NAR’s annual Profile of Real Estate Firms survey found that commercial firms are the ...Read More »