<rss version="2.0" xmlns:ynewsrss="http://news.yahoo.com/rss.html"><channel><title><![CDATA[Charlotte Commercial Real Estate News From CoStar Group]]></title><link><![CDATA[http://www.costar.com/]]></link><description><![CDATA[CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of commercial real estate information and commercial property listings available in its markets.]]></description><language><![CDATA[en]]></language><category domain="Yahoo"><![CDATA[Business/Real_Estate_and_Housing]]></category><ttl>15</ttl><image><title><![CDATA[CoStar Group, Inc.]]></title><link><![CDATA[http://www.costar.com/]]></link><url><![CDATA[http://www.costar.com/SharedFiles/Common/images/logos/CoStarGroup112.gif]]></url></image><item><title><![CDATA[In The Pipeline: CoStar Development & Construction News for June 16 - 22]]></title><link><![CDATA[http://www.costar.com/News/Article/In-The-Pipeline-CoStar-Development-Construction-News-for-June-16-22/149547?ref=/News/Article/In-The-Pipeline-CoStar-Development-Construction-News-for-June-16-22/149547&src=rss]]></link><description><![CDATA[Port of Seattle Taps Panattoni for 87-Acre Business Park
The Port of Seattle has chosen Panattoni Development Co., Inc. to develop the Des Moines Creek Business Park project on 87 acres south of Seattle-Tacoma International Airport. 

The Newport Beach, CA-based privately-held real estate development firm was picked from a field of four companies to develop a combination of airport-related commercial and light industrial uses at the project valued...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Tue, 18 Jun 2013 10:46:58 GMT]]></pubDate></item><item><title><![CDATA[KBS Reports Leasing Activity at Crossroads Distribution Ctr.]]></title><link><![CDATA[http://www.costar.com/News/Article/KBS-Reports-Leasing-Activity-at-Crossroads-Distribution-Ctr/149499?ref=/News/Article/KBS-Reports-Leasing-Activity-at-Crossroads-Distribution-Ctr/149499&src=rss]]></link><description><![CDATA[Stark Carpet,  Piedmont International and Bedrosians recently expanded and renewed leases for a combined 82,088 square feet in KBS Realty Advisors'  496,347-square-foot Crossroads Distribution Center in Southwest Charlotte.  The three leases bring the complex to full occupancy. 

 Stark Carpet and packaging product distributor Piedmont National both renewed leases for 32,028 and 24,460 square feet.  Bedrosians, a distributor of tile and othe rstone...]]></description><author><![CDATA[Rudolph V. Walker III <news@costar.com>]]></author><pubDate><![CDATA[Fri, 14 Jun 2013 06:58:07 GMT]]></pubDate></item><item><title><![CDATA[CoStar's People of Note (June 9 - 15)]]></title><link><![CDATA[http://www.costar.com/News/Article/CoStars-People-of-Note-June-9-15/149473?ref=/News/Article/CoStars-People-of-Note-June-9-15/149473&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: New York City, Northern New Jersey, St. Louis, Portland, and Tampa.
 
GLOBAL
Cushman & Wakefield Names Sant’Albano as Interim CEO, Replacing Rufrano 
By Paul Norman

Cushman &  Wakefield has named Carlo Barel di Sant’Albano as the interim CEO replacing Glenn Rufrano.  Sant’Albano will continu]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Fri, 14 Jun 2013 03:19:49 GMT]]></pubDate></item><item><title><![CDATA[Red Bull Racing Facility Sold in Mooresville]]></title><link><![CDATA[http://www.costar.com/News/Article/Red-Bull-Racing-Facility-Sold-in-Mooresville/149448?ref=/News/Article/Red-Bull-Racing-Facility-Sold-in-Mooresville/149448&src=rss]]></link><description><![CDATA[An in vestment group called M-Spex Land Holding LLC acquired the former Red Bull Racing facility at 136 Knob Hill Rd in Mooresville, N.C. The 

The single-story, 68,709-square-foot flex building sold for $4.3 million or $62.58 per square foot. 

The Stewart Group-Davidson team of David Stewart and Greg Fallon represented the buyer. John Cashion and Matthew Greer with Jones Lang LaSalle represented Red Bull North America.

Please refer to CoStar...]]></description><author><![CDATA[Javier B. Jennings <news@costar.com>]]></author><pubDate><![CDATA[Thu, 13 Jun 2013 04:36:39 GMT]]></pubDate></item><item><title><![CDATA[Lenovo Officially Opens Computer Manufacturing Line ]]></title><link><![CDATA[http://www.costar.com/News/Article/Lenovo-Officially-Opens-Computer-Manufacturing-Line/149445?ref=/News/Article/Lenovo-Officially-Opens-Computer-Manufacturing-Line/149445&src=rss]]></link><description><![CDATA[Lenovo formally opened its first U.S. personal computer production facility in Whitsett, N.C.

North Carolina Gov. Pat McCrory and local officials attended a ribbon cutting at the facility, where the company is adding 115 new manufacturing jobs and is on track to fully ramp up production at the 240,000-square-foot center 10 miles east of Greensboro by the end of June. 

China-based Lenovo’s new manufacturing line, which actually began operations...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 13 Jun 2013 02:18:53 GMT]]></pubDate></item><item><title><![CDATA[CRE Pricing Strengthens Following Seasonal Slowdown]]></title><link><![CDATA[http://www.costar.com/News/Article/CRE-Pricing-Strengthens-Following-Seasonal-Slowdown/149428?ref=/News/Article/CRE-Pricing-Strengthens-Following-Seasonal-Slowdown/149428&src=rss]]></link><description><![CDATA[<a href="http://www.showcase.com/" target="_blank">Commercial real estate</a> prices resumed broad-based gains in April, shaking off the effects of a seasonal slowdown in the first quarter, according to the latest CoStar Commercial Repeat Sale Indices (CCRSI) release.

The equal-weighted and value-weighted U.S. Composite Indices posted solid monthly gains in April of 1.9% and 1.1%, respectively, as market fundamentals continued to improve across all the major CRE property types.

The value-weighted...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 12 Jun 2013 10:20:04 GMT]]></pubDate></item><item><title><![CDATA[CoStar's People of Note (June 2 - 8)]]></title><link><![CDATA[http://www.costar.com/News/Article/CoStars-People-of-Note-June-2-8/149271?ref=/News/Article/CoStars-People-of-Note-June-2-8/149271&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: South Florida, South Bay, New York City, Atlanta, Philadelphia, Texas, and the Southwestern U.S.
 
SOUTH FLORIDA
Balish Appointed to President, CEO at ARS 
By Justin Sumner

Adler Realty Services (ARS), a division of Adler Group, has appointed Christopher Balish as president and chief executive officer. In his new role, Balish will be responsible for overseeing a]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Fri, 07 Jun 2013 04:52:06 GMT]]></pubDate></item><item><title><![CDATA[Wingate University Leases 14,000 SF at Ballantyne Corporate Park]]></title><link><![CDATA[http://www.costar.com/News/Article/Wingate-University-Leases-14000-SF-at-Ballantyne-Corporate-Park/149255?ref=/News/Article/Wingate-University-Leases-14000-SF-at-Ballantyne-Corporate-Park/149255&src=rss]]></link><description><![CDATA[Wingate University signed a 13,657-square-foot lease at 13024 Ballantyne Corporate Pl. in Charlotte, NC.

The 10-story, 259,740-square-foot, class A <a href="http://www.showcase.com/Office-building" target="_blank">office building</a> was built in 2008 in the Ballantyne Corporate Park.  The Harris Building is LEED Gold certified.

Kim Kendall, Rett Turner, and Barry Fabyan with Bissell Companies represented the landlord in-house.]]></description><author><![CDATA[Nash Roberts <news@costar.com>]]></author><pubDate><![CDATA[Fri, 07 Jun 2013 02:26:10 GMT]]></pubDate></item><item><title><![CDATA[EZS Company Acquired 16649 Statesville Rd For $1.93M
]]></title><link><![CDATA[http://www.costar.com/News/Article/EZS-Company-Acquired-16649-Statesville-Rd-For-$193M/149241?ref=/News/Article/EZS-Company-Acquired-16649-Statesville-Rd-For-$193M/149241&src=rss]]></link><description><![CDATA[EZS Company, a North Carolina-based company, purchased the retail building for $1.93 million, or $530 per square foot.

The 3,643 square-foot building at 16649 Statesville Rd in Charlotte is fully occupied by Charlotte Metro Credit Union on a long-term lease.

Bill Schofield of Marcus & Millichap represented the buyer, while Dave Peebles of Capitol Properties LLC represented the seller in this transaction. 

Please refer to CoStar COMPS # 2759216...]]></description><author><![CDATA[Agustina Healy <news@costar.com>]]></author><pubDate><![CDATA[Thu, 06 Jun 2013 08:44:28 GMT]]></pubDate></item><item><title><![CDATA[Exela Pharma Sciences Buys Lenoir Office Bldg.]]></title><link><![CDATA[http://www.costar.com/News/Article/Exela-Pharma-Sciences-Buys-Lenoir-Office-Bldg/149229?ref=/News/Article/Exela-Pharma-Sciences-Buys-Lenoir-Office-Bldg/149229&src=rss]]></link><description><![CDATA[Exela Pharma Sciences LLC recently acquired a 142,992 square-foot <a href="http://www.showcase.com/Office-building" target="_blank">office building</a> located at 1245 Blowing Rock Blvd. in Lenoir, N.C. from Broyhill Furniture Industries for $1.5 million, or $10 per square foot.

The three-story office building was built in 1966 and was owner-occupied at the time of sale.

Exela which operates a sterile manufacturing facility in Lenoir for making injectable, ophthalmic and inhalation pharmaceutical products, is...]]></description><author><![CDATA[Michael Hess <news@costar.com>]]></author><pubDate><![CDATA[Thu, 06 Jun 2013 04:25:26 GMT]]></pubDate></item><item><title><![CDATA[Retirement Clearinghouse Leases New Space In Charlotte]]></title><link><![CDATA[http://www.costar.com/News/Article/Retirement-Clearinghouse-Leases-New-Space-In-Charlotte/149228?ref=/News/Article/Retirement-Clearinghouse-Leases-New-Space-In-Charlotte/149228&src=rss]]></link><description><![CDATA[Retirement Clearinghouse, a retirement transition services provider leased 19,974 square feet in the <a href="http://www.showcase.com/Office-building" target="_blank">office building</a> at 3454 Whitehall Park Dr. in Charlotte, NC.

The 115,000 square-foot building was constructed in 2008. The company will relocate from its current space in the LakePointe Office Park.

Ben Speir of Cherry & Associates represented the tenant. Cooper Burton and Petr Vasicko represented the landlord, an affiliate of American Asset...]]></description><author><![CDATA[Jovon Mcdougal <news@costar.com>]]></author><pubDate><![CDATA[Thu, 06 Jun 2013 03:17:25 GMT]]></pubDate></item><item><title><![CDATA[In The Pipeline: CoStar Development & Construction News for June 2 - 9]]></title><link><![CDATA[http://www.costar.com/News/Article/In-The-Pipeline-CoStar-Development-Construction-News-for-June-2-9/149109?ref=/News/Article/In-The-Pipeline-CoStar-Development-Construction-News-for-June-2-9/149109&src=rss]]></link><description><![CDATA[Nonresidential Construction Spending Boosted By Private Projects
The recovery in private nonresidential construction continued on a slow and steady track this spring according to new data from the U.S. Census Bureau, with construction spending rising in April from the previous month's disappointing number.

Total nonresidential spending rose by a modest 0.7% in April to a seasonally adjusted annual rate of $552.45 billion, but remains down 2.1...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 05 Jun 2013 06:48:19 GMT]]></pubDate></item></channel></rss>