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Vacancies fall; buildings to rise: Nearly 8 million SF proposed in office construction (access required)

Vacancies fall; buildings to rise: Nearly 8 million SF proposed in office construction <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Industrial building vacancies continue to drop across Charlotte, especially for flex space, and the number of proposed office buildings in and around uptown is expected to change the commercial landscape in the next few years. Charlotte-based Karnes Research Co. recently ...

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High-rise rents: Planned office towers could charge city’s highest rents (access required)

High-rise rents: Planned office towers could charge city’s highest rents <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

CHARLOTTE – Proposed office buildings in Uptown and in SouthPark are expected to seek rents several dollars higher per square foot than any rents being paid currently. Last month, plans were revealed for an Uptown office tower to be developed ...

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Ridge Creek yet to rise: Industrial market expected building to lease more quickly (access required)

Ridge Creek IV was the first large industrial building built in Charlotte in five years, and with around 200,000 square feet of space for the taking, the Childress Klein Properties-owned building seemed ideal to reel in those tenants who were waiting for a recovery to make a move to buildings new. But only one tenant has signed a deal since the building opened.

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SouthPark office space in demand (access required)

SouthPark office space in demand <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

With vacancy rates well below market norms and above-average rents, this office submarket in south Charlotte continues to be one of the strongest performers in the city. Second-quarter numbers from Charlotte-based Karnes Co., an office-industry analytics firm, show that the SouthPark office market is healthier than it’s been since 2009.

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