CHARLOTTE-Working closely with netStruxr.com, Charlotte-based Bank of America, IBM and Prudential Insurance have formed what is believed to be the world's largest e-marketplace exchange for corporate real estate transactions.
CHARLOTTE-Lincoln Harris is relocating 50 staffers into newly-leased 17,000 sf offices at the Bank of America Corporate Center where it manages the 60-story property.
CHARLOTTE-The West Charlotte Merchants Association hires Colleen Bush to replace community activist Louise Sellers as manager of the 10-year-old venture. The west side building has only six tenants occupying a 10,000-sf building developed for 18 users.
CHARLOTTE-George Shield and partner Bob Bruner are contracting to buy eight acres from Pulte Corp. for an estimated $6.4 million or about $800,000 per acre ($18.37 per sf), a high number for a retail development.
CHARLOTTE-The home improvement chain is shooting for a summer 2002 opening at Midtown Square, according to industry sources, but the developer hasn't yet purchased the 26-acre site or bought out the leases of existing tenants at the shopping center.
CHARLOTTE-The home improvement chain is shooting for a summer 2002 opening at Midtown Square, according to industry sources, but the developer hasn't yet purchased the 26-acre site or bought out the leases of existing tenants at the shopping center.
LINCOLNTON, NC-The Lincolnton-Lincoln County Airport, about 40 miles northwest of Downtown Charlotte, will be a hot commercial development spot in the near-future but the area currently doesn't have sewer and water services to accommodate any new planned projects.
RALEIGH, NC-The local chapter of the Society for the Prevention of Cruelty to Animals has bought a 46-acre tract here from Carolina Power & Light Co. for $1.38 million or $30,000 per acre (69 cents per sf).
CHARLOTTE-The Charlotte Region Commercial Board of Realtors disagrees with industry reports predicting the office market here could be overbuilding but agrees the apartment sector is saturated.