Karnes Research Co.

Dec 31, 2015

Industry experts bullish on 2016 housing, office sector

The strong growth in apartment construction near center city and a subsequent rise in vacancy rates may lead to more apartment development on the outskirts of town in the upcoming […]

Mar 12, 2015

Suburban office space nears completion; industrial demand strong

The demand for office space was highest in areas outside Charlotte’s central business district at the end of 2014, and the vacancy rate for industrial space reached its lowest point […]

Feb 9, 2015

Retail sails: Grocery-anchored, luxe and bargain do well; middle market stuck

The development of retail space is expected to continue following the rapid growth of residential construction in Charlotte, but the demand for luxury retailers and value retailers could make things […]

Mar 5, 2012

Charlotte’s office vacancy rate levels off, 
but some still wait for recovery

For an office market that’s seen vacancies rise since the Great Recession began, steady vacancy rates are a good thing. But industry officials say that does not necessarily mean Charlotte’s office market has turned a corner.

Oct 22, 2011

fall: Charlotte real estate trade groups’ memberships take hit in recession

In 2006, before the recession, the Charlotte Regional Realtor Association had 8,152 members. Today, its membership is thinner by about 1,407, a decline that, no doubt, is a byproduct of […]

Aug 26, 2011

Charlotte office 
vacancy rate dips

Office buildings in the Charlotte area had a 17.9 percent vacancy rate in the second quarter, down from more than 18 percent at the end of last year, according to […]

Aug 19, 2011

What should a CMS campus lease for? How’s about $1 a year

It could be one of the greatest real estate bargains in Charlotte history: 33,347 square feet of space on seven acres for only $1 a year in rent. That proposal […]

Jun 21, 2011

Vacancies build barriers to construction loans

On June 9, Charlotte-based Bissell Cos. started construction on two office buildings in Ballantyne Corporate Park. The company calls it the largest speculative office project in the U.S. The $100 […]

Jun 21, 2011

Unsold on uptown

Darrell Boyette’s cigar shop, Tinderbox, is in Overstreet Mall, a collection of stores inside some of uptown’s high-rise buildings. It’s Tinderbox’s smallest location, and Boyette, the general manager, sees 80 […]

May 27, 2011

It’s tough finding big spaces in South End

Charlotte’s South End has an artsy — some might even say funky — vibe, with its easy access to light rail and historic buildings. The businesses the area is known […]

Apr 8, 2011

Reeling from the reval

Alec Polites said it’s like hitting a man when he’s down. Having slashed rents to hang on to tenants in his struggling shopping center on East Independence Boulevard, he couldn’t believe […]

Mar 22, 2011

Retail property values double in revaluation; double-digit percentage increases for offices

Some Mecklenburg County retail property and office building owners are going to be coughing up a lot more in property taxes. According to a Mecklenburg Times review of the county’s […]

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