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 – 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 – 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

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