Real estate executives planning new office projects in uptown and midtown Charlotte say the big block of space produced by the closure of Chiquita Brands International Inc. at NASCAR Plaza will not impact their development time lines.
Chiquita leases approximately 138,000 square feet at the NASCAR Plaza building, where it plans to close its Charlotte headquarters by year end. The company has hired JLL to sublease the space with an asking rental rate in the mid-$20s per square foot. That’s well…Chiquita space uptown isn’t giving developers second thoughts about new office projects
Real estate executives planning new office projects in uptown and midtown Charlotte say the big block of space produced by the closure of Chiquita Brands International Inc. at NASCAR Plaza will not impact their development time lines.
Chiquita leases approximately 138,000 square feet at the NASCAR Plaza building, where it plans to close its Charlotte headquarters by year end. The company has hired JLL to sublease the space with an asking rental rate in the mid-$20s per square foot. That’s well…
The YMCA of Greater Charlotte plans to start work in late 2015 on a $20 million renovation for the Dowd YMCA on East Morehead Street, a project designed to ease parking issues, improve the functionality of the 55-year-old building and better accommodate a growing number of millennials and females who use the facility, the organization says.
The YMCA has raised more than $10 million toward the project, which would take 18 to 24 months to complete. The organization plans to file a rezoning application…
A 328,251-square-foot Charlotte industrial park at the intersection of South Tryon Street and Clanton Road will be auctioned off next month, with bids starting at $2.25 million.
The 77 Corporate Park property is being auctioned off by the lender to the property, which took control after the park went into foreclosure in 2013.
The park sits on 42 acres on Clanton Road, between interstate 77 and South Tryon Street, and consists of 13 buildings that are approximately 39 percent occupied.
The park…
Cousins Properties Inc. has no regrets about the price it paid to acquire the Fifth Third Center building in uptown Charlotte last year, but now the Atlanta-based real estate investment trust is shifting away from acquisitions and focusing on development opportunities in Charlotte.
That’s what Thad Ellis, a senior vice president with Cousins, told me in an interview this week. Ellis oversees the Atlanta, Dallas, Charlotte and Raleigh markets for Cousins, which acquired the 30-story Fifth Third…
Commercial real estate and capital-markets firm HFF Inc. has signed a lease for 6,000 square feet at Fifth Third Center in Charlotte, and law firm Winstead has expanded at the uptown office tower, adding roughly 6,000 square feet.
HFF opened a Charlotte office last year, hiring investment sales specialist Ryan Clutter to manage the office with Travis Anderson, who relocated from the firm’s Dallas office to lead debt and equity placement for HFF in the Carolinas. Since opening here, the firm has…
Synchrony Financial, which recently leased the Rushmore One building at Ballantyne Corporate Park, says it plans to increase its hiring in Charlotte this year, adding positions in sales, marketing, customer service and other areas.
Although the company withdrew a request for $750,000 in incentives, it is moving forward with a 400-job expansion here. Synchrony currently has 300 employees at an operations center at Tyvola and Yorkmont roads.
Synchrony recently finalized its lease for the 152,000-square-foot…
A major mixed-use project proposed for the Charlotte Golf Links site in south Charlotte faced no neighborhood resistance at a City Council rezoning hearing Monday night.
No one spoke against the proposed rezoning for the 194-acre site, a former golf course at Providence and Ardrey Kell roads. The rezoning would allow for the development of up to 700,000 square feet of office space, 250,000 square feet of retail space, 500 multifamily units, 300 senior-living units, 200 single-family homes, a recreational…
Another transit-oriented, mixed-use project could be in the works for NoDa, and two apartment development firms have filed rezoning petitions for projects planned in Plaza-Midwood and on Providence Road.
NoDa: The Wellmon Family Limited Partnership has filed a rezoning application that would allow a transit-oriented, mixed-use development on approximately 9 acres on the west side of North Davidson Street, bounded by North Brevard Street, Charles Avenue, Matheson Avenue, Jordan Place and North Davidson…