CHARLOTTE – Grubb Properties and New York Life Real Estate Investors have closed the purchase of 525 N. Tryon St. in uptown. The companies bought the 19-story office building for $60 million from Parkway Properties Inc. HFF, a real estate ...Read More »
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Cushman & Wakefield/Thalhimer was selected by Vision Properties to lease Carmel Crossing office park in South Charlotte. Carmel Crossing, at Highway 51 and Carmel Road, features three buildings comprising 326,000 square feet of class-A office space. The complex has an ...Read More »
CHARLOTTE – New Jersey-based Vision Properties, a spinoff of Vision Equities, purchased a complex of three office buildings at Carmel Crossing in south Charlotte on Nov. 8 from Parkway Properties for $37.35 million. The company, a real estate development and ...
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Not long ago, when potential tenants were seeking office space across the city, they were at the mercy of the landlord or owner.Those conversations changed during the recession, when vacancy rates were climbing and landlords were grasping for tenants. But as Charlotte moves back toward a landlord’s market, tenants aren’t relinquishing all the cards they’ve been handed.Read More »
Several real estate executives spoke about the condition of the city’s real estate market Tuesday morning from the stage in a glitzy ballroom at the uptown Hilton, which coincidentally is in one of the submarkets they were most excited about. The tone in the room was mostly positive, as would be expected from a corporate-sponsored event called “Third Annual State of the Market.”Read More »