Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

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 ...

Tagged with: construction employment

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 ...

Tagged with: Lat Purser and Associates

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 ...

Tagged with: home prices

  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 ...

Tagged with: Liberty Property Trust

  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 ...

Tagged with: Childress Klein

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 ...

Tagged with: rent

  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 ...

Tagged with: Dominion Realty Partners

  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 ...

Tagged with: JLL

LendingTree has released its Consumer Debt Outlook finding that American household debt is currently on pace to exceed the prior peak debt level from 2008, primarily due to non-mortgage consumer debt. LendingTree’s analysis of the latest Federal Reserve data found ...

  HFF announces the $32.175 million sale of Airport Distribution Center, a fully leased, five-building industrial portfolio totaling 764,582 square feet in a premier airport location in Greensboro, North Carolina. The HFF team represented the seller, Somerset Properties and Thackeray Partners. ...