Charlotte
DTZ Brokers Over 280K SF of Industrial Sales in Booming Charlotte Market
By Eliza Theiss, Associate Editor Quinn Management has sold over 30,000 square feet of industrial property to Titan Electric Co., DTZ announced. The sale involved two properties: a 25,095-sq.-ft. building at 2198 Wilkinson Boulevard and a 5,032-sq.-ft. property at 2130 Wilkinson Boulevard. The latter is currently occupied by Fastenal, which will stay on as a […]
Crescent Communities Announces Five-Acre TOD in Uptown Charlotte
Uptown Charlotte is finally getting a full-sized grocery store. Crescent Communities has announced plans to develop a transit-oriented, mixed-use project in Uptown Charlotte that will include a 47,000-square-foot Whole Foods grocery store.
LRC Properties Acquires Charlotte Industrial Complex For $52.1 Million
A joint venture between LRC Properties L.L.C. and New York Life Real Estate Investors has purchased Logistics Pointe Distribution Center for $52.1 million.
Dilweg Cos. Pays $25M for 172KSF Johnston Building
One of Charlotte’s oldest skyscrapers, the 17-story Johnston Building has traded hands. The 172,000-square-foot office tower was picked up by The Dilweg Cos. for $25.3 million, reported The Charlotte Observer. Durham-based Dilweg acquired the Uptown property from limited liability partnership 212 South Tryon. CBRE […]
SPOTLIGHT ON CHARLOTTE: JLB Opens 350-Unit Allure Luxury Apartment Community
Riding Charlotte’s hunger-for-apartments wave, JLB Partners has launched the 350-unit Allure, the city’s newest luxury apartment community.
Parkway Properties Sells 525 North Tryon for $60M
525 North Tryon, one of the iconic high-rises of the Charlotte CBD has traded hands, selling for $60 million or about $147 per square-foot
Starwood Opens 300-Key Le Méridien Charlotte in Former Blake Hotel
Charlotte has welcomed the city’s first Le Méridien, with the opening of the 300-key Le Méridien Charlotte at 555 South McDowell Street, in the North Tower of the former Blake Hotel.
Beacon Partners and Morehead Properties Merge Office Holdings into $100M+ Portfolio
By Eliza Theiss, Associate Editor Beacon Partners and Morehead Properties, Inc. will merge their office portfolios in a move to meet the growing demand for urban infill office space. The merged entity will control office space valued at over $100 million. Expected to close in Q1 2015, the merger will create an office portfolio totaling […]
Crescent Communities Announces Groundbreaking for 550-Acre Master Planned Project
Leading real estate investment and operating firm Crescent Communities has announced it will soon be breaking ground on Masons Bed, a 550-acre master-planned community in Fort Mill, South Carolina.
Charlotte Chamber to Upgrade Offices, Renew Lease
The Charlotte Chamber is upgrading its offices in a bid to reflect the dynamic economic environment of the Queen City.