Vossloh North America, a rail infrastructure and technology company, is opening a regional office in Charlotte and relocating its executive team here.
The company has signed a lease for 9,570 square feet at the Coliseum Centre office park off Tyvola Road and plans to have 27 employees at the location by the end of next year, says Jason Klotzer, director of human resources. The company decided to centralize its leadership team in Charlotte so that it can better manage its facilities across North…Rail company opening Charlotte office, moving executives here
Vossloh North America, a rail infrastructure and technology company, is opening a regional office in Charlotte and relocating its executive team here.
The company has signed a lease for 9,570 square feet at the Coliseum Centre office park off Tyvola Road and plans to have 27 employees at the location by the end of next year, says Jason Klotzer, director of human resources. The company decided to centralize its leadership team in Charlotte so that it can better manage its facilities across North…
Home prices in Charlotte were up 5.8 percent in March from a year earlier, according to a widely watched monthly index released Tuesday.
That continues the market’s hot start in 2015, with the annual growth rate exceeding the rates posted for the local area in both January and February.
The March figure also puts the city ahead of national trends, the latest Standard & Poor’s Case-Shiller Home Price Index shows.
Charlotte’s month-to-month increase in home prices remained steady, with a 0.9…
Charlotte real estate investment firm SilverCap Partners recently purchased a former Deere & Co. facility in southwest Charlotte and is marketing a 76,899-square-foot office building at the site to back-office or call-center users.
SilverCap bought the 19-acre property at 14401 Carowinds Blvd. from Deere last month for $4.1 million. The Charlotte firm plans to demolish a former research and development building at the site and add more parking spaces, bringing the parking ratio up to nine spaces…
Over the past few years, big ideas have been tossed about on what to do with the property on Charlotte’s east side that was once home to Eastland Mall. But none of those plans have become reality.
Charlotte and Mecklenburg County officials on Thursday revisited the possibilities for that 80-acre property, which has stood vacant since 2005 and is now owned by the city, according to local news outlets.
WBTV reports one of the proposals being considered would fill the property with an elementary…
Young renters will demand the type of ultra-high-speed Internet service that Google Inc. (NASDAQ:GOOG) is bringing to Charlotte, but real estate developers need to preserve their options as they build. They also need to remain flexible in their agreements with such tech providers.
Those were a couple of the observations by panelists at an event this morning hosted by the Urban Land Institute titled “Real Estate and the Future of Connectivity.”
Google Fiber, the gigabit-speed Internet service…
A New York real estate investor has purchased a 10,000-square-foot retail building on South Mint Street for $1.09 million and is planning renovations designed to attract new tenants.
A company managed by Richard Robbins bought the property last month, and Robbins plans to put a new facade on the building, which is at the intersection of South Mint and West Summit Avenue.
Matt Greenspon of Marcus & Millichap, who represented Robbins on the purchase, says a yoga studio and some restaurants have expressed…
Mainstreet Capital Partners and Goldman Sachs Group Inc. have listed 11 office buildings at Water Ridge Office Park off West Tyvola Road for sale.
The buildings at Water Ridge, formerly known as LakePointe Office Park, total 844,958 square feet and are 82 percent occupied to tenants that include The Vanguard Group, SunTrust Banks Inc., Carolinas HealthCare System, Publix Super Markets and Midrex Technologies Inc.
The owners have hired investment sales firm HFF to market the buildings, and the portfolio…
When new real estate developments meet resistance, it’s typically homeowners who live in the surrounding neighborhoods that provide the pushback. But an unusual situation has developed in SouthPark, where a trio of commercial developers and real estate owners are opposing a planned mixed-use development at the site of The Colony apartment complex at the corner of Colony and Sharon roads.
Cameron and Dee-Dee Harris, who own three retail properties along Morrison Boulevard, have signed a protest…
Charlotte apartment firm Northwood Ravin is planning a six-story apartment complex with ground-floor retail at 500 W. Trade St., the site of the vacant James K. Polk building, according to real estate records.
The building is at the intersection of Trade and Graham streets, and the remainder of the 2.7-acre block consists of surface parking. David Ravin, president and CEO of Northwood Ravin, targeted the property for a new apartment project in 2008 as president of Crosland’s residential division.
Back…
Grubb Properties has purchased the Park Seneca building in Charlotte for $8.15 million.
The 109,674-square-foot building, located at the intersection of Park Road and Mockingbird Lane, is 86% leased. Healthgram is the largest tenant, occupying 34,953 square feet.
The Park Seneca building is next door to a six-story office building at 4601 Park Road that Grubb and real estate investment firm Foothills Capital bought for $9.65 million last year.
Adam Russ of Colliers International represented the…