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Beacon Partners buys two industrial buildings (access required)

Charlotte-based Beacon Partners recently purchased two industrial buildings totaling 172,800 square feet of space in southwest Charlotte. “Beacon is excited about these acquisitions along Westinghouse Boulevard as they complement our existing industrial portfolio,” said Tim Robertson, Beacon’s director of industrial ...

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Beacon buys industrial buildings (access required)

Real estate development firm Beacon Partners has announced its purchase of four industrial buildings between state highways 16 and 27, north of Charlotte Douglas International Airport, totaling 386,000 square feet, according to a release. Previously known as the Chemway Industrial ...

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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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Developing news: Commercial projects likely to increase (access required)

Retail follows rooftops. It’s the old real estate adage explaining how commercial development responds to residential development. So the recent growth in homebuilding and homebuying in the Charlotte market – which is expected to continue into 2014 – will likely be accompanied by increased commercial development over the next two years, even if developers are still cautious about the overall economy.

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