Beacon Partners is upping its bet on the South End neighborhood.
Last week, the Charlotte real estate firm purchased the Park Avenue building for $21.7 million and the Fowler building on South Tryon Street for $3.45 million.
The Park Avenue building is located at the intersection of South Boulevard and Park Avenue and consists of 92,000 square feet of office and retail space. Its tenants include Beasley Broadcast Group Inc., Carrabba’s Italian Grill and Aveda Institute.
The Fowler building,…Beacon Partners adds to South End portfolio with purchase of two buildings
Beacon Partners is upping its bet on the South End neighborhood.
Last week, the Charlotte real estate firm purchased the Park Avenue building for $21.7 million and the Fowler building on South Tryon Street for $3.45 million.
The Park Avenue building is located at the intersection of South Boulevard and Park Avenue and consists of 92,000 square feet of office and retail space. Its tenants include Beasley Broadcast Group Inc., Carrabba’s Italian Grill and Aveda Institute.
The Fowler building,…
Charlotte-based Crescent Communities is adding to Atlanta's development wave with a 25-story glass and stucco apartment tower. The Preston Partnership LLC is designing the project.
The 352-unit tower would rise just off Lenox Road, near Lenox Square mall at Oak Valley Road and Wright Avenue. The project was presented to the Buckhead Development Review Committee this week.
Atlanta's apartment boom has been impressive, but not for the total number of projects. It’s where the projects are clustering…
The Charlotte area’s housing market continues to exhibit conditions that are favorable to sellers, but buyers shouldn’t be worried about affordability just yet, according to the latest monthly activity report by the Charlotte Regional Realtor Association.
Home sales in the region were up 6.1% in September from a year earlier, according to the report released Thursday. That’s only a slight decline from August’s 6.4% year-over-year increase, but that month saw a sharp drop from the double-digit…
Maersk Inc.’s regional office in southwest Charlotte is back on the market.
The company has hired CBRE Group Inc. to market the 325,000-square-foot facility for lease.
Two years ago, Maersk hired real estate firm Thalhimer to lease the property, which is located off West Arrowood Road. At the time, the company said it had about 650 employees at the 40-acre property but was looking to improve its efficiency as part of a global initiative to optimize its real estate portfolio.
According to the…
Republic Services Inc., the second-largest provider of waste services in the U.S., has signed a lease for 82,375 square feet at Three Resource Square in University City.
The Arizona-based company plans to open a call center at the four-story office building on David Taylor Drive. It expects to move into the space in April. It’s unclear how many jobs will be created, but the building has a parking ratio of six spaces per 1,000 square feet, meaning a lease of that size could accommodate more than…
Cousins Properties has filed a rezoning request for a 2.3-acre site in South End where the development firm is planning to build Dimensional Fund Advisors’ regional headquarters.
Cousins is seeking approval for a building with seven floors of office space over ground-floor retail at the site, which is home to two neighborhood favorites: The Common Market and the weekly Food Truck Friday event. The site is bounded by South Tryon Street, Camden Road and Park Avenue, and most of the parcels are controlled…
Beau McIntosh, formerly a managing partner at Capstone Apartment Partners, has joined Dominion Realty Partners and is opening a Charlotte office for the Raleigh-based company, which is starting construction on a new apartment complex in uptown Charlotte.
McIntosh, a partner at DRP, will be responsible for office and multifamily acquisitions companywide as well as new developments in Charlotte and surrounding markets.
DRP is starting construction this month on its first development in the Charlotte…