Blogging South Charlotte real estate
Asheville real estate investment firm East West Capital has purchased another office building on Charlotte's West Morehead Street.
East West recently bought the Boxer Building for $4.67 million. The 40,000-square-foot building is at 1000 W. Morehead, across the street from the Carolina School Supply Building, which East West Capital purchased last year for $3.7 million.
David Moritz, a managing partner with East West Capital, says the firm has been contacted by tenants interested in leasing space…If clients are putting homes back on the market after the winter deep freeze, here are steps that will help them spring ahead.
In the vein of the Do Not Call list, one group attempts to offer protections for property owners who fear their privacy could be compromised by...
Cornerstone Real Estate Advisors is doubling down on Charlotte's uptown office market.
The Connecticut-based real estate investment firm, which is building a new uptown office tower, is under contract to purchase the 101 Independence Tower with LRC Opportunity Fund, according to real estate sources.
The 20-story 101 Independence Center tower, at the northwest corner of Trade and Tryon streets, was listed for sale with HFF last year. The building, owned by KBS Capital Advisors and Gramercy Property…
General contractor Shiel Sexton has signed a lease for 4,300 square feet at Fairview Plaza in SouthPark and plans to relocate its Charlotte office there in May.
Shiel Sexton is currently located in the Pine Brook Business Center off West Arrowood Road. Ben Wilhelm, president of the Carolinas region for Shiel Sexton, says the company looked for space in SouthPark and around uptown Charlotte.
"We wanted to get closer to the action, where we can be more top of mind with our client base," he says.
Shiel…
A huge Charlotte distribution facility will become available later this year when Rooms To Go Inc. vacates 441,520 square feet at its warehouse near the intersection of Interstate 85 and Billy Graham Parkway.
The retailer is exiting three buildings in Charlotte and moving those operations to Dunn, N.C., where the company is building a 1.1 million-square-foot distribution center. The largest of the three Charlotte buildings is at 2730 Queen City Drive, a 506,750-square-foot facility near the I-85…A slight downward tick in mortgage rates last week wasn't enough to encourage buyers to apply for loans, according to the Mortgage Bankers...
A joint venture between Spectrum Investment Services and Tribek Properties has withdrawn a rezoning request for a site adjacent to SouthPark mall where it had planned to build a 190,000-square-foot office building with ground-floor restaurant and retail space.
Spectrum and Tribek had planned the seven-story building for a surface lot in front of a mall parking deck at the intersection of Morrison Boulevard and South Park Drive, next door to Dillard's, which owns the land.
A Spectrum representative…