As Charlotte shakes off the effects of the Great Recession, those in the commercial real estate industry say they are seeing a rise in leases for small clients. But the same can’t be said for big-box tenants, who remain on the sidelines, hardly moving into new spaces or opening new locations.Read More »
“There are pocket areas that are not rising, but we are seeing more full-price and more multiple-offer situations in the more desirable areas,” said broker Debe Maxwell, of Savvy + Co. Real Estate.Read More »
Now that Crescent Resources has announced the possibility of building 150,000 square feet of office space on an uptown site, some aren’t so sure that’s the best idea. Industry officials say that, given the amount of vacant office space across the Charlotte area, now might not be the best time to dump more office space into the market.Read More »
Tommy Turner specializes in finding industrial sites in small markets for commercial real estate clients. So it was only natural that he found himself working with a company like Ontario, Calif.-based Niagara Bottling, which came to him in 2010 looking to open a distribution center in Virginia or the Carolinas.
Tagged with: industrial spaceRead More »
Average U.S. rates on fixed mortgages have risen for a fourth straight week, remaining slightly above record lows. Cheap mortgages have helped fuel a modest housing recovery this year.Read More »
In 2007, the Urban Land Institute published a report on what should happen with Eastland Mall. According to the plan, "Reinventing the Eastland Mall," the site, and surrounding area, would benefit from a mixed-use redevelopment featuring retail and community spaces and a residential component.Read More »