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 his eyes when he received his 2011 revaluation from Mecklenburg ...

Tagged with: Andrew Jenkins Chuck Hicks Karnes Research Co.

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 2011 commercial property revaluation — the results of which were ...

Tagged with: Andrew Jenkins Chuck Hicks Karnes Research Co. Piedmont Properties

It’s anyone’s guess as to what the results of the county’s 2011 revaluation of commercial properties will be. Property owners won’t receive the new values until March. In the meantime, those involved in the revaluation say it’s likely that overall ...

Tagged with: Andrew Jenkins Cassidy Turley Chuck Hicks Karnes Research Co. Rob Cochran

Some in the real estate industry are big fans of it. Others have questions and suspicions. In a new move for Mecklenburg County’s assessor’s office, commercial properties that are being reassessed for 2011 property tax values will have an income-based ...

Tagged with: Andrew Jenkins Cassidy Turley Chuck Hicks Karnes Research Co. Percival McGuire Commercial Real Estate Rob Cochran