Charlotte
Metro Charlotte Sees Growth in Spec Developments
Metro Charlotte is experiencing a growing trend of speculative developments of late.
Terwilliger Pappas Breaks Ground on 184-Unit Solis Dilworth
Terwilliger Pappas Multifamily Partners has broken ground on Charlotte’s newest apartment community, the 184-unit Solis Dilworth.
MARKET SNAPSHOT: Charlotte Apartment Market Up: Sales, Rents & Vacancies to Climb in 2014
The outlook for the Charlotte apartment market is set to remain positive and dynamic despite an expected decline in occupancy rates and concerns regarding payroll cuts in the finance sector, concludes Marcus & Millichap’s latest report.
FelCors Sells Charlotte Hotel for $37M
FelCor Lodging Trust Incorporated has announced entering into a $37 million sales agreement with an undisclosed buyer for the 208-key Doubletree Suites Hotel Charlotte – SouthPark as part of its portfolio repositioning plan.
1,200-acre Berewick Expands with Single Family and Retail
Pappas Properties, the company behind the 1,200-acre master-planned Berewick community has teamed up with Lennar Corporation for a 68-acre expansion to the Southwest Charlotte community
Crescent Communities HQ Goes LEED Silver ; Cassidy Turley Brokers Office Lease and M-U Sale
Crescent Communities, a diversified real estate investment, development and operating company focused on creating sustainable communities has announced the LEED Silver certification for its renovated corporate headquarters in Charlotte.
Canyon and NRP Partner Up for 298-Unit Apartment Project in South End
Canyon Capital Realty Advisors LLC (Canyon Realty), the real estate direct investing arm of Canyon Partners LLC, has teamed up with NRP Group LLC in the development of a 298-unit apartment project in Charlotte’s South End, providing $12 million in preferred equity for the project.
Liberty Property Trust Renews 196KSF Industrial Leases in Charlotte
Liberty Property Trust, an $8.4 billion office and industrial property REIT, has announced renewing multiple leases across its Charlotte portfolio, keeping its occupancy steady 99 percent.
Publix, Whole Foods Expanding in Metro Charlotte
Publix has officially broken into the North Carolina retail market with the opening of Publix at Ballantyne Town Center, its first location in the state.
Balfour Beatty to Renovate Student Housing High-rise at UNC Charlotte
Balfour Beatty Construction has landed yet another contract at the University of North Carolina at Charlotte (UNC Charlotte), recently announcing being appointed construction manager at-risk for renovations at the university’s 202-bed Holshauer Hall