The first building in Northlake Plaza, a planned shopping center across from Northlake Mall on W.T. Harris Boulevard, has been permitted by Mecklenburg County. Trent Gustafson, president of Charlotte-based Percival McGuire, the developer on the project, said he expects construction on the $902,000, 9,500-square-foot building to start within 30 days. He said the building should be finished in six months.
Merrifield Patrick Vermillion and Percival McGuire Commercial Real Estate have been involved in recent sales of Charlotte-area office buildings, according to the Charlotte Region Commercial Board of Realtors.
Charlotte-based Percival McGuire Commercial Real Estate represented sellers in two commercial real estate deals the company announced this month. Joey Godbold, president of brokerage for Percival McGuire, represented the seller in the purchase of Ironclad Self Storage in Chatham County near Chapel Hill. Amerco Real Estate Co. — the “acquisition arm” for U-Haul, Godbold said [...]
All three Charlotte-area real estate agents running for 2012 board positions with the North Carolina Association of Realtors were successful in their bids. Cindy Chandler of The Chandler Group was elected to the NCAOR National Association of Realtors director position. Tony Smith of Wanda Smith & Associates was elected the Region 8 vice president. Kent [...]
Netherlands-based Randstad will be sticking around a little longer at the Park Abbey Building. According to the Charlotte Region Commercial Board of Realtors’ blog, Adam Farber and Kent Lamm of Percival McGuire Commercial Real Estate completed a five-year lease renewal for 2,995 square feet of office space at the 4600 Park Road property. The Dilweg [...]
FSI Intermodal Specialists has purchased a 17,920-square-foot building at 520 Hebron St. to serve as a distribution center for a major window and door manufacturing company, according to a blog from the Charlotte Region Commercial Board of Realtors. The purchase price was not listed. In addition to the new facility, the Charlotte-based business runs two container [...]
Three Charlotte real estate agents are running for board positions with the North Carolina Association of Realtors. Tony Smith, a Realtor with Wanda Smith & Associates and a past member of the board of directors of the Charlotte Regional Realtor Association, is running for Region 8 vice president. Two members of the Charlotte Region Commercial Board of [...]
Five rezoning requests that were supposed to be heard today by the Charlotte City Council have been rescheduled for next month. According to the agenda for the combined zoning and business meeting, the public hearings have been deferred until 6 p.m. May 16 because they were not published in the April 15 edition of The [...]
Austria-based Steinbauer Tuning Technologies has moved its U.S. subsidiary from Chicago to southwest Charlotte. A press release from the Charlotte Chamber of Commerce says Steinbauer has bought a 4,200-square-foot office-warehouse condo unit at 364 Crompton St. near the Westinghouse Boulevard interchange with Interstate 77. Steinbauer develops and manufactures electronic modules for the vehicle aftermarket, such as add-on [...]
Some in the real estate industry are big fans of it. Others have questions and suspicions. In a new move for Mecklenburg County’s assessor’s office, commercial properties that are being reassessed for 2011 property tax values will have an income-based calculation applied to them. From the perspective of Chuck Hicks, the revaluation manager for the [...]