CHARLOTTE – Total building permit value in Mecklenburg County made unexpectedly high annual and monthly jumps in July to the highest level seen in the past 60 months. At nearly $537.8 million, permit value leapt 26.5 percent over July 2013, ...Read More »
Commercial Real Estate
RALEIGH – The tax credit that helped people rescue historic businesses, homes, neighborhoods and cotton mills in 90 of North Carolina’s 100 counties faces likely extinction as legislators have refused to renew the benefit. The credits likely will end Jan. ...
Tagged with: Gov. Pat McCroryRead More »
CHARLOTTE – Thomas Ranson Lawing Sr., one of the deans of Charlotte real estate and founder of T.R. Lawing Realty, died Wednesday. Lawing, 86 when he died at Aldersgate Retirement Community, was practicing real estate before real estate was regulated ...Read More »
CHARLOTTE – The warehouse real estate market remained relatively flat in the second quarter of 2014 while maintaining a significant improvement last year from 2012, while the flex space market showed slight improvement, according to two reports on the industrial ...
Tagged with: Cushman & Wakefield/ThalhimerRead More »
CHARLOTTE – While the Charlotte office market might not have grown as much in the second quarter as some industry observers anticipated given improving economic conditions, predictions are for growth through the rest of the year. That’s the conclusion of ...Read More »
Fifth Third Center in Uptown is being sold for $215 million by Parmenter Realty Partners to Cousins Properties. The 30-story, 697,817-square-foot building at 201 N.Tryon St. was purchased by Parmenter Realty Fund IV in 2012 for $163 million. Will Yowell, ...Read More »
CHARLOTTE – After additional monetary penalties were added if Levine Properties does not live up to its part of the bargain, the City Council on Monday OK’d changes to a public-private development agreement for a long-delayed revitalization effort in Uptown’s ...Read More »
Two Charlotte real estate professionals have been elected to executive positions on the North Carolina Real Estate Commission effective August 1. Tommy Lawing was elected as chairman of the commission and Cindy Chandler was chosen as vice chairman. Lawing is ...Read More »