Commercial Real Estate Market Bounces Back

November 20, 2019 Leave a comment

The development will mix commercial and residential space. Rendering courtesy MPV.

Ten-X Commercial, the nation’s leading transaction platform powering 90% of all online commercial real estate sales, has released its Summer Commercial Real Estate Volume & Pricing Trends report. The analysis, which included data from the first two quarters of 2019, ...

Capstone Apartment Partners Closes $62.7 Million Sale of The Spectrum Companies’ Apartment Community in Charlotte

October 24, 2019 Leave a comment

The newly constructed Garrison Park was completed this spring and was approximately 45 percent occupied at the time of closing. The property features studio, one-, two- and three-bedroom apartments, including two-bedroom carriage homes. Photo courtesy Capstone Apartment Partners

Capstone Apartment Partners announces it has closed the $62.7 million sale of Garrison Park: a 322-unit apartment community with a full amenity package immediately adjacent to the I-485 loop near Concord Mills in northeast Charlotte. Capstone sold the property ...

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AvidXchange Doubles Footprint in Charlotte with Expanding Headquarters

October 14, 2019 Leave a comment

The new, 201,000 square-foot facility on the AvidXchange Music Factory campus will allow the company to accommodate an additional 1,200 employees as part of the long-term growth initiative announced late last year in connection with its newly awarded North Carolina Job Development Investment Grant. Photo courtesy AvidXchange

AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions, announced today in a press conference the expansion of its Charlotte headquarters campus. The new, 201,000 square-foot facility on the AvidXchange Music Factory campus will allow the ...

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Pollack Shores Expands Footprint to North Charlotte Suburbs with Acquisition of The Bryce

October 2, 2019 Leave a comment

The firm plans a $6.6 million capital improvement project that will incorporate upgraded amenities, offering a competitively priced alternative to new multifamily product that recently delivered in the submarket. Photo courtesy Pollack Shores Real Estate Group

Multifamily developer and investment firm Pollack Shores Real Estate Group is expanding its footprint in metro Charlotte after announcing the acquisition of The Bryce North Charlotte apartments, formerly known as Bexely Creekside, a 494-unit luxury apartment community. Located at ...

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HFF closes sale of 101 North Tryon in Uptown Charlotte

September 16, 2019 Leave a comment

101 North Tryon is situated in the heart of Charlotte’s central business district, affectionately known as Uptown. This “Main and Main” location is within walking distance to all of Charlotte’s major public transportation hubs, which offer bus, trolley and light rail service throughout the city. Photo courtesy HFF

Holliday Fenoglio Fowler, L.P. has announced the sale of 101 North Tryon, a 546,878-square-foot, 20-story office tower located in the Uptown submarket of Charlotte, North Carolina. HFF marketed the portfolio on behalf of the seller, Barings LLC, to Crescent ...

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Marvin Crossing Medical Office Building Sold

May 28, 2019 Leave a comment

This single-tenant 29,070 square foot medical office building is home to Tryon Medical Partners’ Ballantyne location. Photo courtesy MPV

MPV Properties (MPV) is pleased to announce the sale of 16817 Marvin Road, Charlotte, North Carolina. This single-tenant 29,070 square foot medical office building is home to Tryon Medical Partners’ Ballantyne location. Eighteen doctors will practice at this well-located ...

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Mira Sorvino addresses CREW about Human Trafficking

May 16, 2019 Leave a comment

Oscar-winning actress Mira Sorvino spoke to a packed house at the May meeting of CREW as part of the group’s signature luncheon series. Photo by Scott Baughman

United Nations Ambassador and Oscar-winning actress Mira Sorvino was the guest speaker at the May meeting of the Charlotte Chapter of Commercial Real Estate Women. Sorvino spoke to the packed house about scourge of human trafficking and how real ...

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Sycamore at Tyvola Apartment Community Reaches Stabilization

May 15, 2019 Leave a comment

Located on 30 acres near the intersection of West Tyvola Road and South Tryon Street, the community has leased up steadily since the first of six hybrid-style apartment buildings delivered last June. Photo courtesy Switzenbaum & Associates

Sycamore at Tyvola, a new 288-unit luxury apartment community developed by Switzenbaum & Associates, has successfully leased 80% of its units and is on target to stabilize at 95% within a year of opening. Located on 30 acres near ...

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Hamilton EQ acquires Gateway Center in downtown Charlotte

May 7, 2019 Leave a comment

This is Hamilton EQ’s second significant investment in Charlotte’s commercial real estate market. The firm acquired seven buildings totaling 368,871 SF in Parkway Plaza in Charlotte’s Airport submarket just off Yorkmont Road.

Photo courtesy Hamilton EQ

Hamilton EQ, a multi-generational commercial real estate company based in New York City, has acquired downtown Charlotte’s Gateway Center. Located at 901 W. Trade St. and part of Gateway Village, Gateway Center is home to respected tenants including Bank of ...

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LPA Urban to Redevelop Former Repair Store on The Plaza

May 2, 2019 Leave a comment

The firm acquired the two-story former Carphonics Sight & Sound building at 2501 The Plaza in February and plans to start renovations later this year. Rendering courtesy LPA Urban

LPA Urban, a division of Lat Purser & Associates that focuses on development, brokerage and leasing in urban infill markets, has acquired a former electronics repair store at the intersection of The Plaza and Duncan Avenue in Villa Heights ...

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