Karnes Report

Jun 8, 2015

Strong quarter for uptown office market

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 […]

Nov 14, 2014

Vacancies fall; buildings to rise: Nearly 8 million SF proposed in office construction

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 […]

Mar 1, 2014

Retail shifting away from suburban big-box stores

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 […]

Feb 26, 2014

Warehouse market facing a crisis in supply

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, […]

Feb 24, 2014

Report: Office vacancy rates improve

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 […]

Oct 7, 2013

Ridge Creek yet to rise: Industrial market expected building to lease more quickly

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.

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