Charlotte
Mooresville to Become Mecca for Furniture Tourism
By Eliza Theiss, Associate Editor At least that is what Michael Bay, owner of Merinos Home Furnishings is hoping for. The 500 South Main Street furniture and indoor décor complex’s owner envisions his expanding furniture collection to become “one of the largest, most spectacular stores in the world, a center for furniture tourism that will […]
Quicken Loans Mortgage Services Grows in Charlotte
By Eliza Theiss, Associate Editor Quicken Loans Mortgage Services (QLMS) of Quicken Loans Inc., the country’s largest online lender, has announced plans to expand its Queen City offices. QLMS, a mortgage service provider to community banks, credit unions and mortgage professionals in all 50 states will expand its Charlotte presence by increasing both office space […]
New Location for $36M Carolina HealthCare Behavioral Hospital
By Eliza Theiss, Associate Editor Carolinas HealthCare System (CHS) has found a new site in Davidson for a planned behavioral hospital, this after previous development plans for another location fell through in March. The planned mental health care facility is a 66-bed, single-story, 76,280-square-foot complex with private rooms and large activity areas that open to […]
Parkway Properties to Purchase Hearst Tower
By Eliza Theiss, Associate Editor Investor confidence in the Charlotte office market seems to be on the rise. Following the recent sale of the Coliseum Centre, dubbed ‘deal of the week’ by The Wall Street Journal, another multimillion dollar office property transaction is in the works in the Queen City. Parkway Properties, an Orlando-based real […]
Peak 10 Expanding in Charlotte, Building New Data Center
By Eliza Theiss, Associate Editor Peak 10 Inc., the Charlotte-based data center solutions company, has announced it will be expanding its surface area in Charlotte by 62,000 square-feet by building a fourth data center. The new building will be located in University Research Park near UNC-Charlotte and will be developed in phases depending on market […]
$20M Hospital for Anson County; $16M Expansion for Matthews Hospital
By Eliza Theiss, Associate Editor The healthcare industry continues to be one of the main drivers of economic development in the Charlotte area, and Carolinas HealthCare System’s recent string of expansions and upgrades is proof of this. This week, the nation’s second largest healthcare system announced plans to seek state permission for a $20 million […]
Charlotte Douglas International Airport, Sixth-Busiest in the World, to Expand
By Eliza Theiss, Associate Editor Charlotte Douglas International Airport is the sixth-busiest airport in the world in terms of take-offs and landings, this according to data released by the Airports Council International. The almost 540,000 takeoffs and landings handled in 2011 lifted the airport from the eleventh position it held in 2006. It also experienced […]
$84M Presbyterian Orthopedic Hospital Approved
By Eliza Theiss, Associate Editor
Plans for the new $84 million Presbyterian Orthopedic Hospital in Charlotte have been approved by the North Carolina Division of Health Service Regulation. The Charlotte-based health care system submitted its application in October 2011, seeking approval to build a new orthopedic health care facility that would replace the current one at […]
Apartment Complex Sells for $33.3 Million; Car Country Club in Development for Huntersville
By Eliza Theiss, Associate Editor
Greensboro-based Bell Partners Inc. has recently acquired the residential piece of Morrison at SouthPark Apartments from Washington-based Madison Marquette for $33.3 million.
Since its acquisition, the 214-unit apartment complex at Sharon and Colony Roads has been renamed Bell Morrison. According to a Charlotte Business Journal report, property management for the seven-story apartment […]
AXA Financial to Relocate to Innovation Park; CharlotteLaw Secures Uptown Lease
By Eliza Theiss, Associate Editor
AXA Financial Inc. has signed a lease for about 140,000 square feet in Innovation Park and will relocate in May 2014 from its current offices at Ballantyne Corporate Park. The New York-based company currently leases 169,912 […]