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Commercial Confidential

Apr 5, 2013

Commercial Confidential: Carolina Commons

When The Shopping Center Group took over leasing duties at Carolina Commons, which is about five miles into South Carolina, Darrell Palasciano knew the company needed to take it slow. The neighborhood shopping center, anchored by Harris Teeter, was built a few years ago to service the residents of Sun City Carolina Lakes, a massive active-adult community, and other residents of Lancaster County, s[...]

Mar 29, 2013

Commercial Confidential: Fifth Third Center

For the majority of the 16-year-old building’s history, it has been almost completely occupied, said Jonas, a senior vice president with Jones Lang LaSalle, in charge of leasing the Fifth Third Center.

Mar 22, 2013

Commercial Confidential: NorthPointe Executive Park

In terms of demand for office space, Downtown and SouthPark dwarf the North submarket, which paradoxically pays off for NorthPointe Executive Park. Northern Mecklenburg County is home to Northpointe, and John Ball, a senior leasing agent with Charlotte-based Trinity Partners, said, “There’s not as much deal velocity in that submarket” as in Downtown and SouthPark. “Landlords (in the North [...]

Mar 8, 2013

Commercial Confidential: Colonial Plaza

Colonial Plaza, a grandfather in the SouthPark office submarket, has renovations older than some of the neighboring buildings with which it competes for tenants.

Feb 19, 2013

Commercial Confidential: Mint Hill Festival

Derrick Taub thinks his company just bought the best location in town -- the town of Mint Hill, that is. Taub, vice president of Toronto-based Sierra Group, which this month bought the Mint Hill Festival shopping center for $2.5 million, said he thinks Sierra's first property purchase in the Charlotte market couldn't be better positioned in the town.

Feb 8, 2013

Commercial Confidential: Northlake Mall

Northlake Mall opened in 2005 in north Charlotte, an area that seemed primed for residential growth. But just a couple of years after the mall opened, the Great Recession came on the scene. According to Andy Misiaveg, a partner in the Charlotte office of the Atlanta-based Shopping Center Group, the mall didn’t have time to solidify its tenant mix before the economy tanked.

Jan 22, 2013

Commercial Confidential: Harris Corners Corporate Park

When it comes to occupancy rates for Class A office buildings in Charlotte, Harris Corners Corporate Park's isn't the highest.

Jan 15, 2013

Commercial Confidential: Woodland Business Park

In the late 1970s and early '80s, Woodland Business Park was born in north Charlotte, in the southeast corner of the intersection of Interstates 77 and 85.

Oct 19, 2012

Commercial Confidential: Coliseum Centre

Don’t go out to Coliseum Centre office park expecting to find a coliseum nearby. Or a gladiator. Or even a leather sandal.

Oct 11, 2012

Commercial Confidential: Park Road Shopping Center

Park Road Shopping Center opened in 1956 as the first open-air shopping center in the city and the biggest center between Atlanta and Washington D.C. The center has been almost 100 percent occupied for its entire history, according to a website operated by Edens.

Oct 4, 2012

Commercial Confidential: One Wells Fargo Center

When One Wells Fargo Center opened in the late 1980s, it went by One First Union Center. But as the banks occupying the building changed, so did the name of one of Charlotte’s most iconic buildings. The building’s been through other changes, too.

Sep 27, 2012

Commercial Confidential: Arboretum

“[Arborteum has] been such a stable property. When (a tenant) goes out, they have three or four people waiting it get in. They’ve not had many vacancies at all,” said Andy Misiaveg, a partner in The Shopping Center Group.

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