HFF announces sale of Venable Center in Durham

October 17, 2018 Leave a comment

Venable Center is situated on a 3.76-acre site at 302 East Pettigrew Street in the Downtown Durham submarket. Photo courtesy HFF

HFF announces the sale of Venable Center, an 87,416-square-foot, three-building creative office/R&D complex in Durham, North Carolina. The HFF team represented the seller, FCPSM, and procured the buyer, a joint venture between Wheelock Street Capital, SLI Capital and Trinity Capital ...

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Raising a ‘Fair’ credit score to ‘Very Good’ could save over $45,000

October 17, 2018 Leave a comment

LendingTree, the nation’s leading online loan marketplace, has released a study on the impact of raising a ‘fair’ credit score to ‘very good’ that found consumers could save over $45,000. LendingTree researchers analyzed anonymized loan request and average loan balance ...

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Construction employment reaches 10-year high

October 16, 2018 Leave a comment

Construction employment increased by 19,000 jobs in July and by 303,000 jobs over the past year, reaching a 10-year high, while the industry’s unemployment rate and level hit an all-time low, according to an analysis of new government data by ...

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Retailers expand, sign new leases at Matthews Station

October 12, 2018 Leave a comment

Black Chicken Wine Cellar has leased an additional 1,600 square feet at Matthews Station, bringing its total space to 2,100 square feet. Photo courtesy Lat Purser and Associates

Black Chicken Wine Cellar has signed a lease with Lat Purser & Associates for an expansion space at the Matthews Station mixed-use development in downtown Matthews, and Edible Art Cake Shop has signed a lease for a new location at ...

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LendingTree Study: Where home price inequality is highest

October 8, 2018 Leave a comment

Isolated golden scales with golden dollar and house on white background. Investment or savings concept. Real estate and currency. 3D rendering.

LendingTree®, the nation’s leading online loan marketplace, today released a study on where home price inequality is highest. The GINI coefficient, a well-regarded metric, is the most commonly used measure of economic inequality. The coefficient ranges from 0 (complete equality where every value ...

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Liberty Property Trust prepares to break ground on Virkler Drive

October 8, 2018 Leave a comment

The building will feature 32-foot clear height and 210-foot depth. The rear-load building will include enhanced architecture, motion-sensor LED lighting and ample parking. Tenants will have easy access to I-485 and I-77. Photo courtesy Liberty Property Trust

With its Charlotte industrial portfolio at nearly full capacity, Liberty Property Trust will break ground this August on a 115,500 square foot Class A and LEED® certified distribution center. Located at 12830 Virkler Drive in the southwest submarket of ...

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The Nexus at Waverly celebrates topping out

October 5, 2018 Leave a comment

The Nexus will total 154,000 square feet and is the second creative office building at Waverly, a mixed-use development just south of Interstate 485 at the intersection of Providence and Ardrey Kell roads. Rendering courtesy Childress Klein

The Nexus, a six-story creative office building within the Waverly community in south Charlotte, has reached its midway point of construction. The Nexus will total 154,000 square feet and is the second creative office building at Waverly, a mixed-use ...

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Renters spend nearly six and a half years saving for a down payment

October 5, 2018 Leave a comment

The American Home company is a real estate investment trust that is building dozens of homes it plans to rent in Charlotte, a practice some industry insiders say they haven’t seen before. The American Home, along with other institutional investors, are owning an increasing share of Charlotte area homes. Photo by Nell Redmond

Renters can expect to spend nearly six and a half years saving for a 20 percent down payment on a home, according to a new HotPads® analysis. The median home value in the U.S. is $216,000, which means a 20 ...

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Dominion Realty Partners sells Uptown apartment building

October 5, 2018 Leave a comment

Centric Gateway was designed and built as an environmentally friendly, energy efficient project, and achieved the National Green Building Standard (NGBS) Bronze Certification for Home Innovation. Photo courtesy DRP

Dominion Realty Partners (DRP) has closed on the sale of Centric Gateway, a midrise, Luxury Class A apartment building located at 1010 West Trade Street in Uptown Charlotte. Construction on the property was completed in December of 2017, and ...

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Boutique office project tops out in South End

October 2, 2018 Leave a comment

300 West Summit, a three-story, 64,000-square-foot office building located on West Summit Avenue, celebrated its topping out. Photo courtesy JLL

A new South End office project by development firm Stiles Corp. is nearing completion. 300 West Summit, a three-story, 64,000-square-foot office building located on West Summit Avenue, celebrated its topping out. Featuring a 2,000-square-foot rooftop terrace with unobstructed views ...

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