Renewed activity has boosted the outlook for Charlotte’s uptown office market this year, a welcome change from the doldrums experienced in the fourth quarter of 2014. Corporate demand for space has caused the vacancy rate to drop, new capacity is ...

Tagged with: Andrew Jenkins Karnes Report

Industrial building vacancies continue to drop across Charlotte, especially for flex space, and the number of proposed office buildings in and around uptown is expected to change the commercial landscape in the next few years. Charlotte-based Karnes Research Co. recently ...

Tagged with: Andrew Jenkins Karnes Report third quarter 2014

CHARLOTTE – While the Charlotte office market might not have grown as much in the second quarter as some industry observers anticipated given improving economic conditions, predictions are for growth through the rest of the year. That’s the conclusion of ...

Tagged with: Andrew Jenkins Cushman & Wakefield/Thalhimer Mark Holoman

 CHARLOTTE – Although the first quarter looked about the same for the Queen City’s office and industrial markets as it did throughout 2013, changes are on the way. Data released last week from local analytics firm Karnes Co. shows that ...

Tagged with: Andrew Jenkins Karnes Taylor Allison

CHARLOTTE – Proposed office buildings in Uptown and in SouthPark are expected to seek rents several dollars higher per square foot than any rents being paid currently. Last month, plans were revealed for an Uptown office tower to be developed ...

Tagged with: Andrew Jenkins Jones Lang LaSalle Karnes Lincoln Harris Spectrum Properties Taylor Allison

CHARLOTTE – Andrew Jenkins has been studying the city’s commercial real estate market since 1988 and last year he saw something he’d never seen before. In all of 2013, not a single square foot of office or industrial space was ...

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CHARLOTTE – Warehouse vacancy around the city fell to 6.9 percent at the end of 2013, one of the lowest rates seen in the history of the Charlotte warehouse market, according to the fourth quarter report from local analytics firm ...

Tagged with: Andrew Jenkins EastGroup Properties Karnes Report Steele Creek Commerce Park

CHARLOTTE – A look at the city’s office-market statistics would indicate that the market has improved by a solid measure since the depths of the recession. Office vacancies at the end of 2013 were 14.8 percent, down 3.8 percentage points ...

Tagged with: Andrew Jenkins Jones Lang LaSalle Karnes Co. Karnes Report Taylor Allison

CHARLOTTE – On paper, The EpiCentre looks like an ideal development. Well positioned, at a transit stop, a mix of uses and walkable. The 305,147-square-foot nightlife hub in Uptown, on the 3.17-acre city block bound by College, Fourth and Trade ...

Tagged with: Andrew Jenkins Andy Misiaveg Karnes Co. The Shopping Center Group

Ridge Creek IV was the first large industrial building built in Charlotte in five years, and with around 200,000 square feet of space for the taking, the Childress Klein Properties-owned building seemed ideal to reel in those tenants who were waiting for a recovery to make a move to buildings new. But only one tenant has signed a deal since the building opened.

Tagged with: Andrew Jenkins Beacon Partners Childress Klein Properties EastGroup Properties Karnes Co. Karnes Report