Charlotte’s small business scene has had notable economic fallout from a series of immigration sweeps by the U.S. Border Patrol across the city last week, according to Charlotte Business Journal. The dayslong immigration crackdown, known as Operation Charlotte’s Web, interrupted local…
While the construction pipeline in Charlotte has encountered some hurdles, with vacancy remaining high and deals slowing, there’s still a positive outlook for the multifamily and build-to-rent markets. A growing population, a robust job market and increased demand for rentals have…
Charlotte’s commercial real estate market is showing reasons for optimism, thanks in no small part to the area’s robust job market. Among the 14 metropolitan areas with a population of more than 1 million people, Charlotte recorded the highest employment growth —…
An aerial view of 110 East Welcome to 110 East, a 370K SF, Class-A office property in Charlotte. The tower was delivered in May by a partnership of real estate companies Stiles and Shorenstein Properties and designed by Hastings Architecture…
Cornerstone Commercial Properties bought The Dilworth at 1315 East Blvd. from Abacus Capital for $10.5 million. Abacus sold it for $3.4 million more than what it paid in 2019. The 23,248-square-foot property was 100% leased at the time of the…
Trinity Partners, a full-service commercial real estate firm headquartered in Charlotte, North Carolina, is establishing operations in Atlanta with the acquisition of APG Real Estate Services, Atlanta Property Group’s (APG) leasing and management platform. The acquisition brings 46 industry professionals and…
In what must be considered a positive omen for office building investors, Charlotte-based Bank of America Corp., America’s second-largest bank, has sent letters out to home-office employees, urging them to get back to work, in the office. Employees were given…
The bet on the Lower Tuck development has paid off. Third & Urban has spent $140 million to redevelop six industrial buildings and basically convert them into one distinct, 390,000-square-foot retail and office project. The Lower Tuck development in FreeMoreWest…
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