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Commercial Real Estate

Fee fear (access required)


With the General Assembly's 2013 session in full chatter, many are wondering exactly how many tax-policy changes state lawmakers might have up their sleeves, as a slew of proposals have already been bandied about.

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13 to watch in ’13: Charlotte intermodal facility (access required)


It used to be that Charlotte was known primarily as a transportation hub. Then along came the banking and finance industries, rolling over that reputation. But the 2013 construction of new an intermodal facility might just turn back time for city, restoring it's glory as a crossroads for transport, according to developers for the facility and officials with the state transportation department and Charlotte Douglas International Airport.

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Permit plunge (access required)

Building plans heads together

Last year was a historic one for Charlotte, thanks to its hosting of the Democratic National Convention, an event which put a national spotlight on the city. The event didn't just give the city more media attention. In a year when the construction industry was still in recovery mode, the DNC contributed to the city's commercial construction permit numbers as Time Warner Cable Arena and other venues had to be readied for the event. That resulted in a flurry of permit applications in early 2012, county officials say.

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Renovation Report: Saddle Up Saloon & Dancehall (access required)


Carl Nordhielm isn't used to doing large-scale renovations before opening one of his company's nightclubs. Nordhielm, chief financial officer of Saddle Up Saloon & Dancehall, said the company usually moves into former clubs or restaurants, places where, usually, hardly any construction is needed to open a Saddle Up.

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13 to watch in ’13: Parkway Properties (access required)

NASCAR Plaza is among the buildings Parkway Properties owns in Charlotte.

Few in Charlotte' commercial real estate industry saw Orlando, Fla.-based Parkway Properties coming in 2012. Sure, Parkway was already well established in the Charlotte market. But, according to Andrew Jenkins, it was known as a company that bought mostly Class B office space, looking to make improvements, decrease vacancy rates and drive up tenants.

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