One Wells Fargo Center, the former headquarters of Wachovia Corp, is owned by a Childress Klein Properties affiliate. The nearly 1 million-square-foot tower is about 98 percent occupied.Read More »
Commercial Real Estate
Matthews-based grocery chain Harris Teeter likely won't be bought by a competitor nor is it likely that, if it's bought, its stores will then be sold off one by one, a Charlotte-based retail industry analyst says. Andy Misiaveg, partner at the Charlotte office of the Atlanta-based The Shopping Center Group, said he doesn't expect many grocery chains to be interested in buying Harris Teeter because they probably wouldn't be able to afford to.
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Since 1984, Robinson, Bradshaw & Hinson has been in 101 Independence Center, a 20-story building at 101 N. Tryon St. At first, the Charlotte-based law firm was only on one floor, the 20th. Over the years, the firm has expanded, downward, in the building, and today RB&H takes up 108,000 feet in floors 15 through 20.Read More »
(Part nine in a 13-part series) "There is probably going to be more opportunity for us in industrial, which is fine because that's something we know very well," said Jon Morris, industrial partner with Charlotte-based Beacon Partners.Read More »
Starting in March, changes are coming to Four Resource Square. That's when Cassidy Turley takes over leasing duties of the office building off David Taylor Drive in northeast Charlotte.Read More »
(Part eight in a 13-part series) "I'm not going to spend more money on it. Absolutely not," said Councilman Michael Barnes, who represents District 4.Read More »
It’s not a buyer's market or a seller's market. It’s a builder’s market, and Mecklenburg County building-permit records prove it. Homebuilders started 250 new single-family homes in the county in January, up 52 percent from the 164 similar permits issued in the first month of 2012 — which was the strongest year for homebuilding in the county since 2008.
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As the Charlotte area undergoes an apartment boom, new apartment projects are being planned from one end of the city to the other. And of all the places in which Grubb Properties could build, the pull of SouthPark has become irresistible to the Charlotte-based developer.Read More »
(Part seven in a 13-part series) The homebuilding industry will be watching Rick Judson this year because Judson will spend the year watching over the homebuilding industry. Judson, 63, is the 2013 president of the National Home Builders Association, a nonprofit lobbying and advocacy organization with a $70 million annual budget and 150,000 members from throughout the residential construction and related industries.Read More »
When taking the space that used to house one restaurant and turning into another restaurant, the conversion is usually straightforward. Throw in some new kitchen equipment, add a bar, update the restrooms and, voila: a new restaurant. But the process is more involved than that for Mooresville-based general contractor Spectrum Building Co. as it renovates a former O'Charley's in Huntersville to get it ready for a Duckworth's Grill & Taphouse.Read More »