The Charlotte region and North Carolina followed last month’s national trend of an increased number of homes reverting to bank ownership, the result of a foreclosure backlog wending its way through the regulatory system. According to RealtyTrac, the number of ...Read More »
ROCK HILL — City officials and community leaders continue exploring viable transportation options for the city’s Knowledge Park project ahead of a York County Council decision that will determine some of the project’s funding. The Knowledge Park Leadership Group, a ...
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Renewed activity has boosted the outlook for Charlotte’s uptown office market this year, a welcome change from the doldrums experienced in the fourth quarter of 2014. Corporate demand for space has caused the vacancy rate to drop, new capacity is ...Read More »
Rising rents and falling vacancy rates are boosting the outlook for Charlotte’s industrial real estate sector, with build-to-suit properties popping up around the metro area and some 2 million square feet of speculative space up for grabs. Meanwhile, capital is ...Read More »
A stronger labor market and increasing household formation should boost commercial real estate slightly, but a tepid economy and funding woes will prevent any real revving of the office, retail and industrial markets. However, young adults’ continued robust demand for ...Read More »
Charlotte City Council approved several rezoning requests Monday night, including petitions allowing the construction of single-family and multifamily developments in north and south Charlotte. The council also denied a request to build a convenience store and gas station in east ...
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DAVIDSON – The town is considering options for the redevelopment of 3.5 acres on which Town Hall sits, including encouraging the development of commercial space. The development, called the Catalyst Project, is on the west side of South Main Street. ...Read More »
Despite a slow start this year in office-leasing activity, landlords are still asking for higher rents and offering fewer concessions than a year ago. The region’s reinvigorated job market will lure corporate relocations and boost tepid tenant demand, says a ...Read More »
About a dozen people attended a second public information meeting on a proposal for what would be the village of Marvin’s first commercial development, on the southeast corner of Providence and New Town roads. Regency Centers, which developed Phillips Place ...Read More »