Three office towers in uptown Charlotte are about to be listed for sale.
The owners of the 42-story One Wells Fargo Center, the 24-story Carillon and 32-story 121 West Trade Street are expected to list the office towers for sale in a matter of weeks, according to real estate sources. Two of the buildings, One Wells Fargo Center and 121 West Trade, changed hands in 2013, but given the strong market for office property sales in Charlotte, their owners have decided to put them on the market after just…Three office towers in uptown Charlotte to be listed for sale
Three office towers in uptown Charlotte are about to be listed for sale.
The owners of the 42-story One Wells Fargo Center, the 24-story Carillon and 32-story 121 West Trade Street are expected to list the office towers for sale in a matter of weeks, according to real estate sources. Two of the buildings, One Wells Fargo Center and 121 West Trade, changed hands in 2013, but given the strong market for office property sales in Charlotte, their owners have decided to put them on the market after just…
Charlotte law firm Robinson Bradshaw & Hinson recently elected a new managing partner for the first time in nearly 20 years.
Allen Robertson, who began working at the Charlotte-based firm in 1989, will take on the new role next week and recently sat down for an interview with the Charlotte Business Journal that will appear in tomorrow’s print edition. Here’s a few excerpts from that conversation with Robertson, who talked about what makes the firm different from its competitors and how his management…
Stewart Engineering has signed a lease for 16,000 square feet on the 14th floor of the 101 Independence Center building in uptown Charlotte.
The engineering, design and planning firm is currently located at BB&T Center, where it occupies approximately 9,600 square feet, and plans to relocate early next year.
Stewart has more than 150 employees in Raleigh, Charlotte and Richmond, Va.
John Christenbury of Cushman & Wakefield represented Stewart, and Jennifer Kurz of Trinity Partners represented…
Levine Properties says it is planning a 20-story, 325,000-square-foot office building adjacent to UNC Charlotte’s center city building in First Ward.
The company says it is seeking an anchor tenant for the building, which would be located at the corner of Ninth Street and the extended light-rail line. Levine says it will begin interviewing real estate firms to market the property this fall.
“This is the last buildable pad within the park and further evidence the First Ward and North Tryon master…
Beacon Partners has purchased a prime block in South End that could ultimately be redeveloped as a mixed-use project.
The 3.38-acre site is bounded by Tryon, Bland, Winnifred and Winona Streets and is occupied by a 36,000-square-foot building leased by HD Supply and a smaller, 13,000-square-foot building. The Charlotte real estate firm purchased the property for $10.12 million from John Moore, who has owned the land for decades. The site served as the headquarters for Moore Electric Supply, which…
John “Johno” Harris III, who has been chief operating officer at Charlotte real estate firm Lincoln Harris for the past three years, has been promoted to president of the company.
Harris’ father, Johnny Harris, who formerly held the titles of president and CEO, will remain the company’s chief executive and will assume the role of chairman.
As president, the younger Harris, 37, will lead all business groups and offices for the firm, which has 375 employees. He returned to Charlotte in 2012…
The Charlotte and Raleigh offices of Thalhimer are looking for a new firm as the Virginia-based Cushman & Wakefield affiliate plans to exit the two markets due to the merger of Cushman with DTZ.
The $2 billion sale of Cushman & Wakefield to DTZ has now closed, and due to overlap with Cushman-owned offices in Charlotte and Raleigh, Thalhimer's offices in the two markets "will be looking for a new partner," a spokeswoman for the firm says.
“Since the C&W/DTZ merger was announced 90 days ago, our…
Armada Hoffler Properties Inc. has closed on its $26.2 million acquisition of the Providence Plaza mixed-use development.
The company announced last month that it was under contract to purchase the three-building complex, located at the corner of Providence and Sharon Amity roads. Providence Plaza totals 103,000 square feet and is 97% occupied. It includes 54,000 square feet of office space and 49,000 square feet of retail space as well as a two-story parking garage with 256 spaces.
The acquisition…
Stream Realty Partners plans to start renovations to the 300 South Brevard building in December and expects to complete the work by June 2016, says Daniel Farrar, managing partner.
Stream recently acquired the office building for $45.5 million and its planned renovations include a new building facade, redesigned entrances facing Brevard Street and the adjacent light-rail station, new lobbies and restrooms, and new retail and tenant amenities.
Farrar says the firm is looking at adding some restaurants…