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 year, industry insiders say. And for those in the market ...

Tagged with: Cardinal Real Estate Partners Greater Charlotte Apartment Association Karnes Research Co. metrostudy Real Data

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 since 2010, driving the amount of industrial space under construction ...

Tagged with: Karnes Research Co.

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 difficult for retailers targeting middle-class consumers. And counter to national ...

Tagged with: Andy Misiaveg Cushman & Wakefield Thalhimer Karnes Research Co. The Shopping Center Group

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.

Tagged with: Charlotte Karnes Research Co.

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 the market’s downturn. It’s not as much of an exodus ...

Tagged with: Andrew Jenkins Charlotte Regional Realtor Association Karnes Research Co. Laurie Knudsen

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 a Karnes Research Co. report released this week. The region had ...

Tagged with: Karnes Research Co.

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 for Tryon Hills Pre-K Center in north Charlotte is among ...

Tagged with: Andrew Jenkins Charlotte-Mecklenburg Schools Eric Davis Karnes Research Co.

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 million project will add another 550,000 square feet to the ...

Tagged with: Andrew Jenkins Bissell Cos. Charlotte Center City Partners Karnes Research Co. Ned Curran Tracy Dodson

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 to 100 customers every day at the store, which he ...

Tagged with: Andrew Jenkins Charlotte Center City Partners Charlotte-Mecklenburg Planning Commission Charlotte-Mecklenburg Planning Department EpiCentre Karnes Research Co. NASCAR Hall of Fame Northlake Mall Stephen Rosenburgh

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 for are, generally speaking, small outfits that feel at home ...

Tagged with: Andrew Jenkins Balfour Beatty Construction Charlotte Center City Partners Karnes Research Co. Tracy Dodson