In a south Charlotte office building, Rob Finlay and his colleagues at QuietStream Financial are launching companies designed to make a commercial real estate owner's life easier. A lot of companies.
QuietStream was created in late 2013, and since then it has acquired or launched eight companies while its employee head count has jumped from roughly 20 to more than 100. QuietStream recently expanded at its headquarters off Carmel Road and launched five new businesses in 2014 alone, including three…QuietStream Financial targeting real estate owners, launching companies at rapid pace in south Charlotte
In a south Charlotte office building, Rob Finlay and his colleagues at QuietStream Financial are launching companies designed to make a commercial real estate owner's life easier. A lot of companies.
QuietStream was created in late 2013, and since then it has acquired or launched eight companies while its employee head count has jumped from roughly 20 to more than 100. QuietStream recently expanded at its headquarters off Carmel Road and launched five new businesses in 2014 alone, including three…
It's official: BJ's Wholesale Club Inc. plans to open a store at the Metropolitan in midtown Charlotte this year.
Property Markets Group, a real estate firm based in New York, has acquired the former Home Depot Design Center space at the Metropolitan at $14 million and has signed a lease with BJ's for a new 101,000-square-foot location that is expected to open later this year, according to a release from BJ's.
The Charlotte Business Journal broke the news last month that BJ's was targeting the…
Sealed Air Corp. (NYSE:SEE) has chosen a permanent site for its Charlotte headquarters.
The packaging company plans to construct a three-building office complex in the LakePointe Corporate Center office park off Tyvola Road that Childress Klein Properties will develop, according to a company spokesman.
Sealed Air expects to break ground this summer and complete the project by the end of 2016.
Late last year, Sealed Air signed a short-term lease for nearly 70,000 square feet at the Forest Park…
Turner Construction Co. has subleased the 20,000-square-foot top floor of the Roxborough building in SouthPark to Velocity Technology Solutions and plans to relocate to a new, smaller space closer to uptown Charlotte later this year.
Mark Dent, vice president and general manager at Turner, says the company is looking to lease between 5,000 and 7,500 square feet of space. Turner leased the Roxborough space in 2012. Dent says that while the Charlotte office has grown, the company needs greater space…
Real estate firm Faison Enterprises Inc. has purchased a 1.5-acre parcel on Queens Road in Charlotte's Myers Park neighborhood for $3 million and plans to develop 62 luxury apartments at the site, according to the seller's representative.
Rush Dunaway of Sperry Van Ness/Percival Partners represented the seller, a limited liability company called Five-Eleven Partners. According to Sperry Van Ness, Faison is planning to build a luxury apartment building with five stories of residential units atop…
Stockbridge Capital Group, an Atlanta-based real estate investment firm, has purchased Venue, a 366-unit apartment in Charlotte's Elizabeth neighborhood, for $88 million.
The apartment complex, located between East Seventh Street and Weddington Avenue, was completed by developer JLB Partners in 2013 and is about 75 percent leased.
Stockbridge purchased the complex with operating partner TriBridge Residential, a multifamily company also based in Atlanta.
Stockbridge acquires commercial real estate…
A company controlled by the real estate investment arm of Deutsche Bank has purchased the RiverGate Shopping Center in Charlotte's Steele Creek area for $60.75 million.
The 236,579-square-foot retail center, located at the intersection of South Tryon Street and Steele Creek Road, is adjacent to a Super Target and a Home Depot store and is 98% occupied. Tenants include Starbucks, Bath & Body Works, Rack Room Shoes, Dressbarn, Verizon, Mattress Firm and Massage Envy.
Mike Burkard and Steve Shields…
Commercial real estate research information and marketing firm Xceligent Inc. has acquired a controlling stake in Karnes Research Co., a commercial real estate research firm founded in Charlotte in 1988.
Karnes, which has five employees, provides market reports and analytics for the Charlotte, Raleigh, Asheville and Triad markets. Andrew Jenkins, a managing partner at Karnes who owned the firm with managing partner Brian Reece, declines to disclose the financial terms of the deal but says that he…
Childress Klein Properties is planning to start construction next year on a 393-unit apartment tower over the Mint Museum in uptown Charlotte that will rise 31 stories above the existing arts facility.
The high-rise development would total 42 stories, including the museum building, and it would add a long-planned residential component to the Levine Center for the Arts cultural campus that Wachovia Corp. originally planned when it spearheaded the South Tryon project.
Childress Klein is under contract…