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Commercial Real Estate

Lenders repossess more homes locally (access required)

house key

The Charlotte region and North Carolina followed last month’s national trend of an increased number of homes reverting to bank ownership, the result of a foreclosure backlog wending its way through the regulatory system. According to RealtyTrac, the number of ...

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Local industrial market registers gains (access required)

Beacon Partners has purchased four industrial buildings along rail lines north of the Charlotte Douglas International Airport. Photo courtesy Beacon Partners

Rising rents and falling vacancy rates are boosting the outlook for Charlotte’s industrial real estate sector, with build-to-suit properties popping up around the metro area and some 2 million square feet of speculative space up for grabs. Meanwhile, capital is ...

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