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Construction and Real Estate

CB names 
new director (access required)

CB Richard Ellis Group said it has appointed Henry Lomax Jr. as managing director of its Charlotte office. Lomax worked for Crescent Resources as chief investment officer. He will be responsible for overseeing all of CBRE’s operations in Charlotte.

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Meck permits 
down in July (access required)

Residential construction permits in Mecklenburg County were down 24 percent in July from the month before. That’s according to a monthly report given by the county’s code enforcement office to the county’s Building Development Commission. There were 3,222 residential permits issued in ...

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Charlotte 
agents seek NCAOR seats (access required)

Three Charlotte real estate agents are running for board positions with the North Carolina Association of Realtors. Tony Smith, a Realtor with Wanda Smith & Associates and a past member of the board of directors of the Charlotte Regional Realtor Association, is ...

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Cabarrus OKS 
$1.7M for Celgard expansion (access required)

Cabarrus County commissioners approved a $1.69 million grant last week for Celgard to expand its Concord manufacturing facility. In July, the Charlotte-based company announced plans to expand its Concord plant, where it makes components for lithium batteries, pending the county’s approval of ...

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CMSS might buy flooded properties (access required)

Charlotte-Mecklenburg Stormwater Services is considering buyouts of properties damaged by recent flooding. During flooding Aug. 5, 163 buildings were damaged, a CMSS release says. Most are northwest and west of uptown in the Irwin Creek and Stewart Creek watersheds. Buyouts ...

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Some agents 
frustrated with 
CMLS’ policy for 
reporting 
home sizes (access required)

Since the Carolinas Multiple Listing Service changed its method of describing square footage, Re/Max Metro Realty broker-in-charge Eric Strom says it hasn’t created the headaches some agents predicted. Beginning in 2008, CMLS’ system has reported the square footage of homes ...

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