DURHAM, NC-Jim Anthony of Anthony Allenton Commercial Real Estate is asking the city for an OK on the 15-acre project comprising 800,000 sf of office, 50,000 sf of retail and an undetermined number of residential buildings. Construction industry estimators tell GlobeSt.com the total hard construction cost of the undertaking could be $100 million.
CHARLESTON, SC-American Financial Resource Group of Philadelphia paid $13.3 million for First Union Center, a 10-year-old 65,000-sf structure in this city's historic district, according to the buyer's news release. Charleston is 200 miles south of Downtown Charlotte.
CHARLOTTE-The North Carolina Technological Development Authority is converting the 48,000-sf structure into spec laboratory and office space at undetermined rents. The Research Triangle Park is 100 miles northeast of Downtown Charlotte.
CHARLOTTE-A new CB Richard Ellis Inc. office and industrial sales overview, however, holds out hope for a better Charlotte area performance this year as new construction slows and the markets strengthen.
WINSTON-SALEM, NC-Cleveland-based Jacobs Group sold the retail centers to CBL & Associates Properties for an average $56.5 million per mall or about $67.70 per sf for the total 19.2 million sf. Three of the properties are in the Winston-Salem area, about 70 miles north of Downtown Charlotte.
CHARLOTTE-The locally based provider of Internet software tools for commercial real estate companies, has recruited David Strause from Lat Purser & Associates as senior real estate e-commerce manager.
CHARLOTTE- The utility plans to put a new plant in Ohio, Arkansas, Arizona and two plants in Georgia. The company is also adding about 1,000 megawatts of capacity to its plant in Moss Landing, CA, giving that site 2,500 megawatts.
CHARLOTTE-A new CB Richard Ellis Inc. office and industrial sales overview, however, holds out hope for a better Charlotte area performance this year as new construction slows and the markets strengthen.
CHARLOTTE-Wilton Connor expects to break ground this spring at Westlake Corporate Center where it already occupies about 1.5 million sf in seven buildings in and around the 306-acre business park.
