CHARLOTTE – EastGroup Properties has added to its portfolio of industrial properties in the southwest part of the city with the purchase of Ridge Creek Distribution Center III, according to a news release from the company. Ridge Creek III was ...

Tagged with: EastGroup Properties

CHARLOTTE – Developers have proposed building more than 1.6 million square feet of commercial space in the most recent f rezoning petitions submitted to the city. EastGroup Properties last month submitted a rezoning petition that, if approved, would allow up ...

Tagged with: Charlotte Charlotte city council EastGroup Properties rezoning Spectrum Properties Steele Creek Commerce Park

CHARLOTTE – EastGroup Properties is planning the second phase of Steele Creek Commerce Park, a massive industrial development south of Shopton Road and north of Interstate 485, according to a rezoning petition filed by the Jackson, Miss.-based developer. The petition, ...

Tagged with: EastGroup Properties Steele Creek Commerce Park

Matt Cochrane is one smart dude. We know this because although he majored in journalism and communications at the University of North Carolina at Chapel Hill, Cochrane got out of journalism after six months of writing sports. The senior asset ...

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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 ...

Tagged with: Andrew Jenkins EastGroup Properties Karnes

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

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

CHARLOTTE – Mecklenburg County has issued two building permits, valued at $9.6 million, to Jackson, Miss.-based EastGroup Properties for the construction on the shells of the first two buildings in the Steele Creek Commerce Park, at Shopton and Steele Creek ...

Tagged with: EastGroup Properties Steele Creek Commerce Park

Jackson, Miss.-based EastGroup, a real estate investment trust, had asked the city to rezone 43.29 acres at Steele Creek Road and Shopton Road from a mix of industrial and residential to all industrial so it could build the 525,000-square-foot park.

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A Chinese solar cell and modules maker has picked Charlotte as the base of its U.S. operation. Jetion Solar Corp., a subsidiary of Jetion Solar China Limited, today announced that it is leasing a 20,000-square-foot facility at the Prologis Business Park, ...

Tagged with: EastGroup Properties Jones Lang LaSalle