City: Charlotte

Charlotte Observer The Trump Organization has decided to back out of an office-building purchase in Charlotte, N.C. No official word was given for the decision to bypass on the property, at 600 S. College St. The Trump group has been ...

Charlotte Observer Retail developments in Charlotte, N.C., are experiencing record-low vacancy rates, according to data compiled by Karnes Research Co. Six years ago, the retail vacancy rate in the region stood at 9.4 percent. By the end of 2006, it ...

Charlotte Observer Demand for hotel rooms in Charlotte, N.C., is high, but rates remain low, according to a report by the Charlotte Regional Visitors Authority. The June occupancy rate for the region's 30,000 hotel rooms was roughly 74 percent, the ...

Triangle Business Journal Crow Holdings of Dallas has paid $25.3 million for a 200-unit apartment complex in Chapel Hill, N.C. Stephen D. Bell & Co. of Greensboro, N.C., sold the property, but will remain as property manager. The Charlotte, N.C., ...

Charlotte Observer Office rents in the Triangle area near Raleigh-Durham, N.C., have been at a premium, posting a record-high $20.69/sf, according to numbers compiled by Grubb & Ellis/Thomas Linderman Graham. The $1.25 increase from the first quarter of 2007 is ...

Charlotte Business Journal Ram Realty Services of Palm Beach Gardens, Fla., has paid $28 million for the Design Center of the Carolinas, a 188,146-square-foot office complex in Charlotte, N.C. The property, which includes showroom and studio space, was sold to ...

Charlotte Business Journal The Charlotte, N.C., downtown office district recorded the lowest second-quarter vacancy rate in the country, according to numbers compiled by CB Richard Ellis Group. The 3.08 percent vacancy rate was also the country's lowest rate for the ...

Triple Net Properties has paid $15 million for the Residences at Braemar, a 160-unit apartment complex in Charlotte, N.C. The Santa Ana, Calif., real estate firm purchased the property from a group operating as Braemer Housing LLC. Triple Net funded ...

Wells Fargo & Co. and Regions Bank have provided $95 million of construction financing for the development of the NASCAR Corporate Plaza, a 376,401-square-foot office building in downtown Charlotte, N.C. The financing, arranged by Wells' Chicago real estate group, was ...