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CREW announces board members (access required)

Bobbi Jo Lazarus, senior tax manager at Elliot Davis LLC accounting, will serve as Commercial Real Estate Women’s Charlotte chapter president for 2014. Lazarus, who previously served as one of the chapter’s national delegates, succeeds Barbara Briccotto of Intec Group ...

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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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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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Perking down: Where commercial property incentives are becoming harder to find (access required)

With Charlotte’s commercial real estate market still stuck in tenants’ favor, landlords continue to bite the bullet and offer free rent. And some don’t expect free rent and other tenant incentives to disappear in the near future. But in some sections, the incentives appear to have begun drying up.

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