The Park Abbey building, 4600 Park Road, has a new tenant, now that Child Care Resources has signed an eight-year lease for 16,200 square feet, Percival McGuire Commercial Real Estate announced last week.
When Allen Craven’s father moved to the city of Concord, Hotel Concord was his home for months. It was around the 1950s, and Craven’s dad, who has since died, lived there while setting up a medical practice across the street. “He paid $3.50 a week for a furnished room, and that included breakfast, dinner and [...]
The Charlotte City Council has OK’d a rezoning petition filed by Charlotte-based commercial real estate company Percival McGuire for approximately 23.96 acres south of West W.T. Harris Boulevard between Interstate 485 and Reames Road. Approval was given to change the area’s zoning from residential, or R-3, to neighborhood services, or NS. The project will include 62,000 [...]
Steele Creek in southwest Charlotte is home to the largest industrial corridor in the Carolinas. This warehousing and manufacturing powerhouse has more than 20 million square feet of industrial space. It is the workplace of more than 44,000 employees. Easy access to rail and air transportation and Interstates 485, 85 and 77 has been like [...]
With more than 60 companies last year announcing plans to expand or add jobs in Mecklenburg County, the commercial real estate market is starting to show signs of life after a dismal stretch. Tenants are jumping on lower rents, and investors are beginning to sniff around. But many in the industry say the recovery is [...]