CHARLOTTE – Retail developers in the early 2000s were on a mission, according to Darrell Palasciano, a broker with The Shopping Center Group: Who could build the most and biggest box stores in power centers? Now those power centers are ...

Tagged with: commercial real estate Darrell Palasciano Karnes Report retail The Shopping Center Group

CHARLOTTE – The words “outlet mall” bring to mind the towns of Mebane and Gaffney, S.C., where the sprawling shopping complexes hunker on busy interstates, enticing travelers to stop in and drop some coin. The Charlotte Premium Outlets, which are ...

Tagged with: Cardinal Real Estate Partners Childress Klein Properties Chris Thomas Darrell Palasciano John Culbertson residential development Simon Property Group Steele Creek The Shopping Center Group

Retail follows rooftops. It’s the old real estate adage explaining how commercial development responds to residential development. So the recent growth in homebuilding and homebuying in the Charlotte market – which is expected to continue into 2014 – will likely be accompanied by increased commercial development over the next two years, even if developers are still cautious about the overall economy.

Tagged with: Beacon Partners Bernard Helm Cassidy Turley Charter Properties commercial development Darrell Palasciano Homebuilding Jon Morris real estate The Shopping Center Group

Pass through Stonecrest at Piper Glen to catch a film or grab a bite on a Friday night and the shopping center is packed with both high schoolers and families, looking to relax after a long week. Cars from just about all the luxury brands can be seen in the parking lot as visitors watch their movies or eat their dinners, which is no surprise considering that Stonecrest is situated in an area with some of the highest incomes in Charlotte.

Tagged with: Darrell Palasciano The Shopping Center Group

Another Charlotte-area bookstore is closing, this time at the Cotswold Village Shops. The store will be replaced by a Cost Plus World Market, a furniture, home decor, food, wine and gifts store.

Tagged with: Darrell Palasciano