Lincoln Harris hires well-known leasing exec from Atlanta to co-head business

Lincoln Harris has hired a top leasing executive from Atlanta to co-head the firm’s office-leasing business. Ridr Knowlton, who joins Lincoln Harris as senior vice president, recently moved to Charlotte from Atlanta, where he spent more than 20 years working for real estate services firm JLL and real estate investment and development company Dewberry Capital. At Dewberry, Knowlton handled the leasing of properties such as the Equitable Building in downtown and the Campanile tower in midtown Atlanta,…

Plans submitted for redevelopment of historic Carolina Theatre uptown

The Charlotte-Mecklenburg Historic Landmarks Commission took a look yesterday at plans for the proposed $35 million renovation of the Carolina Theatre by the Foundation for the Carolinas. The foundation has been working on the project since purchasing the uptown property from the city for $1 in 2013. The 36,000-square-foot Carolina Theatre building has been vacant since 1978, and the foundation plans to partner with a developer on a new multistory building at the corner of Tryon and Sixth streets…

Childress Klein starts work on second industrial building at Ridge Creek West

Childress Klein has started construction on Ridge Creek West II, the second industrial building at its Ridge Creek West Distribution Center in southwest Charlotte. The speculative, 216,320-square-foot building is expected to be completed by March, says Chris Daly, partner at Childress Klein. Ridge Creek West is a 63-acre park on General Drive, next door to Ridge Creek Distribution Center, where the firm developed four industrial buildings totaling more than 1 million square feet. Last year, Childress…

Cousins execs say banks hungry for space in Charlotte, expect South End project to start next year

The banks need more office space in Charlotte, according to executives at Cousins Properties Inc. During an earnings call today for the Atlanta-based real estate investment trust, CEO Larry Gellerstedt said the company is “hearing through our bank relationships that they now have an appetite to expand in Charlotte.” As an example, Gellerstedt cited Bank of America’s decision to take nearly 100,000 square feet of space off the market at its headquarters building, Bank of America Corporate…

Moore & Van Allen renews lease in uptown office tower

Charlotte law firm Moore & Van Allen has renewed its lease for 165,000 square feet at the Bank of America Corporate Center office tower uptown. The renewal will keep Moore & Van Allen at the building for another 10 years. “Moore & Van Allen is pleased to continue as a tenant of the Bank of America Corporate Center,” said Ernie Reigel, firm chairman. “We have had our offices in this building since it opened in 1992, and we believe this is the right place for us to continue to grow and best…

Big changes coming to North Tryon as Levine suspends construction

As new development materializes along the North Tryon corridor in uptown Charlotte, the city may need to raise its standards. That’s the message that Michael Smith, CEO of Charlotte Center City Partners, delivered this morning at a Northeastern University panel about urban planning, First Ward and North Tryon. Smith participated in the panel along with Daniel Levine, president of Levine Properties, and Barry Bluestone, a professor at Northeastern and the director of the Kitty and Michael Dukakis…

Heavy Hitters: Charlotte’s best commercial real estate deals and developments

The CBJ's Heavy Hitters Commercial Real Estate Awards on Wednesday recognized the best developments of the past year. Those projects ranged from new office construction and renovations to multifamily communities and entertainment venues. Johnny Harris, chairman of Lincoln Harris and a prominent real estate developer in the Charlotte region, received the program's Pillar Award for his career contributions to the industry. At Wednesday's awards event, Harris encouraged developers to follow the examples…

VanLandingham owner ‘stunned’ by City Council vote, left with few options

Billy Maddalon, owner of the VanLandingham Estate, says he’s not upset that City Council member Patsy Kinsey voted against a rezoning request for his property in Plaza Midwood. He’s upset that Kinsey, who called Maddalon a “longtime friend” during Monday night’s zoning meeting, didn’t express any concerns earlier in the process, before it was too late. Maddalon, who previously served on City Council, says he and his advisers were “stunned” when Kinsey announced during the meeting…

Highlighting the Charlotte area’s best deals, developments at Heavy Hitters Commercial Real Estate Awards (PHOTOS)

Prolific Charlotte developer Johnny Harris headlined the CBJ's Heavy Hitters Commercial Real Estate Awards event Wednesday evening, having just arrived home from a trip to Washington, D.C. He met with a group of people there who hailed from seven different parts of the country — and all of them were talking about the Carolinas, he said. “This place that you call home may be the greatest opportunity in the country to do something special,” Harris told the audience, urging them to aim high with…

Key member of EpiCentre turnaround team joins development firm as CFO

A key member of the team that led the turnaround at the EpiCentre complex in uptown Charlotte has joined development firm Citisculpt. Geoffrey Curme, head of Mount Vernon Asset Management, has joined CitiSculpt as its chief financial officer. Citisculpt has also hired Dan Sterns as vice president of construction and Ryan Stemmer as development project manager. Eric Applefield was also promoted to counsel-development associate. CitiSculpt, headed by Lindsey McAlpine and Shane Seagle, is working…