Childress Klein and Cato Management have purchased the Sharon Station property in Charlotte's SouthPark area for $9.2 million.
Through affiliates, the two firms bought the six-building, 23,000-square-foot mixed-use property from an affiliate of The Bissell Cos., which had rezoned the property in 2010 to allow for redevelopment.
The 2.3-acre site on Sharon Road is adjacent to the Sharon United Methodist Church property in SouthPark, which Childress Klein is working to have rezoned for a major mixed-use…Childress Klein and Cato Management buy Sharon Station for $9.2 million
Childress Klein and Cato Management have purchased the Sharon Station property in Charlotte's SouthPark area for $9.2 million.
Through affiliates, the two firms bought the six-building, 23,000-square-foot mixed-use property from an affiliate of The Bissell Cos., which had rezoned the property in 2010 to allow for redevelopment.
The 2.3-acre site on Sharon Road is adjacent to the Sharon United Methodist Church property in SouthPark, which Childress Klein is working to have rezoned for a major mixed-use…
Garretson Resolution Group has signed a lease for 43,112 square feet at the Two Morrocroft Centre building in Charlotte's SouthPark area. The company plans to relocate there in December from its offices at the Esplanade at SouthPark and Rexford Park II buildings on Rexford Road.
At Two Morrocroft, Garretson will be taking space previously occupied by Horizon Lines as well as the majority of the space that Sterling Capital Management will vacate when it relocates its offices to the Capitol Towers…
Red Ventures has signed a lease for approximately 98,000 square feet at the Cambridge Corporate Center office building in Charlotte's University City.
The marketing company recently announced that it plans to add 500 employees during the next two months, with about 40% of those to be located at the company’s University City offices. The company currently occupies 34,351 square feet in the Environmental Way office building in University City.
Origin Capital, a Chicago-based real estate investment…
A Hilton Garden Inn hotel is being planned for the Waverly mixed-use development in south Charlotte, according to real estate records.
The hotel would be located “in the retail core of the development,” according to a filing with the city.
Childress Klein and Crosland Southeast are developing the 85-acre Waverly project at the intersection of Providence and Ardrey Kell roads in south Charlotte. They won a rezoning for the property last year that allowed for a 150-room hotel within the development…
Multifamily development firm Proffitt Dixon Partners is under contract to purchase the Actor’s Theatre of Charlotte property on East Stonewall Street and plans to build an apartment complex at the site with between 100 to 150 units and ground-floor retail space.
The firm wouldn’t start construction at the property, located at 650 E. Stonewall, until the theater’s current season concludes next summer, says Wyatt Dixon, a managing principal with Proffitt Dixon. Mike Mulvaney, who owns the property…
The redevelopment of the Sharon United Methodist Church property in SouthPark has hit a snag that involves some well-known Charlotte real estate developers.
In order for real estate firm Childress Klein and the church to move forward with plans for a major mixed-use project at Sharon Road and Morrison Boulevard, they now need some cooperation from the families of H.C. “Smoky” Bissell, Johnny Harris and his brother, Cameron Harris.
Here’s the background: Back in 2011, three couples — Smoky…
Beacon Partners is breaking ground this week for 500 East Morehead, a seven-story office building with ground-floor retail on East Morehead Street, next door to the Dowd YMCA.
The commercial real estate firm expects to start demolition today on a vacant, 44,000-square-foot building at the 2.5-acre site. The demolition process will take six to eight weeks, says Mike Harrell, a partner with Beacon, and will be followed by vertical construction of the building, which will total 180,000 square feet…
A Charlotte-based residential real estate investment trust plans to start trading publicly this week with an initial public offering of up to $77.7 million.
RiverBanc Multifamily Investors will trade on the NASDAQ market on under the symbol RMI, according to information included in its offering. The business is based in the Carillon tower uptown.
The company will use the proceeds from the offering to buy the assets of RB Multifamily Investors, formed in 2013 to own debt and equity interests in…
Raycom Media Inc. has leased approximately 26,000 square feet at the Charleston Row building in Ayrsley for a new centralized traffic operation based in Charlotte.
In January, Raycom announced the new operation, which manages the on-air commercial inventory for the 51 television stations the company owns or operates. Raycom hired Garrett Pope as general manager. Pope was previously with Univision, serving most recently as traffic director for that company’s television group.
Raycom moved into…
Marsh Properties appears to be moving forward on its planned redevelopment of a shopping center and nearby apartment buildings in Charlotte’s Sedgefield neighborhood.
This week, fencing went up around the site of the estimated $190 million project, located along South Boulevard between Poindexter Drive and Elmhurst Road. Construction equipment sits at the ready in the parking lot of the now-vacant shopping center, once home to a Healthy Home Market Store, and windows and other materials have been…