Hipp Investments, a firm based in Jackson, Wyo., has purchased Maplecrest Industrial Center in southwest Charlotte for $4.7 million.
The property on Westinghouse Boulevard consists of two industrial buildings totaling 63,200 square feet. Rob Cochran, Jared Londry and Nolan Ashton of Cushman & Wakefield represented the seller, Ziff Properties, a real estate firm based in Charleston, S.C.
“Maplecrest Industrial Center is perfectly designed for small-bay warehouse users who have become so prevalent…Wyoming firm buys two industrial buildings in southwest Charlotte for $4.7 million
Hipp Investments, a firm based in Jackson, Wyo., has purchased Maplecrest Industrial Center in southwest Charlotte for $4.7 million.
The property on Westinghouse Boulevard consists of two industrial buildings totaling 63,200 square feet. Rob Cochran, Jared Londry and Nolan Ashton of Cushman & Wakefield represented the seller, Ziff Properties, a real estate firm based in Charleston, S.C.
“Maplecrest Industrial Center is perfectly designed for small-bay warehouse users who have become so prevalent…
Steve Gassaway, market leader for Cushman & Wakefield in Charlotte, says the local office is excited about operating under the Cushman brand.
In September, DTZ’s $2 billion acquisition of Cushman closed, creating one of the world’s largest real estate services firms with 43,000 employees and $5 billion in revenue. The new company dropped the DTZ name in favor of the Cushman brand.
“I think our people are very excited,” Gassaway says. “A lot of these folks started with Colliers Pinkard,…
The design of Dimensional Fund Advisors’ regional headquarters is South End has not been finalized, says Charlotte City Council member LaWana Mayfield, and developer Cousins Properties is continuing to discuss the project with the neighborhood.
Cousins, the Atlanta-based real estate investment trust that's working with Dimensional on the project, says its team is working with leaders of the South End Neighborhood Association and Wilmore Neighborhood Association as well as nearby businesses.
“Commercial…
HM Properties has relocated its offices to a new building in SouthPark.
Formerly located in 6,217 square feet at Piedmont Town Center, HM Properties has relocated to a 6,850-square-foot building in the Fairview II complex on Fairview Road, across from Phillips Place.
Earlier this year, a company managed by HM Properties owner Valerie Mitchener purchased the property at 6857 Fairview Road for $650,000.
The new office space was designed by Mitchener and Robert Johnson Architects and was renovated…
A suit between the two real estate firms that revitalized and sold the EpiCentre has been settled, executives say, and site work for a planned 300-room hotel above the uptown retail complex started this week.
In September, Mount Vernon Asset Management, its head, Geoffrey Curme, and his wife, Sarah, sued Vision Ventures and its two co-founders, Doug Stephan and Paul Picarazzi, in a dispute over the air rights above the EpiCentre and the parking for the hotel.
In the suit, Mount Vernon and the Curmes…
Charlotte came in at No. 15 among the top places to own a home, according to a joint report by Redfin and Porch.
In their "Best Place to Own a Home" survey, which polled homeowners across the country, the firms ranked 67 cities on several metrics. These included walkability, healthy living, the real estate market, educational opportunities and overall resident satisfaction.
Charlotte was followed by Raleigh at No. 17 and Atlanta at No. 30. Denver, Colo., placed at No. 1.
Here is how the Queen…
TTI Floor Care North America has leased approximately 60,000 square feet at Innovation Park, taking nearly all of the remaining space at the University City office park.
This summer TTI announced it would hire 200 workers over the next two years as it sets up a marketing and innovation center in Charlotte. The company makes vacuum cleaners and other floor-care appliances under such brands as Hoover, Dirt Devil and Oreck and said it would invest $5 million in the facility
As a result of the TTI…
Charlotte hotel company SREE Hotels has started construction on its long-planned 195-room hotel next to the Center City Green parking development in uptown Charlotte.
The Charlotte-based hotel development and management company recently started work on the hotel, which will be a SpringHill Suites by Marriott. The project is expected to be complete in the first quarter of 2017, says Vinay Patel, president and CEO of SREE.
In 2013, SREE purchased the hotel site, about a third of an acre in size,…
Two years after buying Kenton Circle for $17.5 million, Childress Klein and its investment partner have sold the three-building office park in Huntersville for $27 million.
A joint venture between Acre Valley Real Estate Capital and ABS Partners Real Estate purchased the park from Childress Klein and WHI Real Estate Partners.
Kenton Circle is on Sam Furr Road, just west of Interstate 77, and it totals nearly 136,000 square feet. The complex is 97% leased to tenants that include Bank of America…