City: Charlotte

Charlotte Business JournalNovare Group Inc., an Atlanta developer, has paid $17 million for the Power Building, a 503,000-square-foot office property in uptown Charlotte. The property, at 408 Church St., was sold by The Dilweg Cos. The building, which dates to ...

Charlotte Business JournalInsurer Royal & SunAlliance USA, anticipating the sale of its Arrowpoint Blvd. office complex in June, has narrowed its relocation options to two properties in the Whitehall submarket of Charlotte, N.C. The London firm is eyeing a 175,000-square-foot ...

GE Real Estate has formed a venture with United Trust Fund LP, a Miami real estate firm, to pursue sale-leasebacks and other similar type transactions.The venture has completed its first transaction, paying more than $50 million for the corporate headquarters ...

The Charlotte ObserverMergent, which provides business and financial data, plans to move its headquarters to Fort Mill, S.C., from Charlotte, N.C. Mergent plans to invest $13 million in its new headquarters, which will be located in Kingsley Park, a business ...

Trizec Properties Inc. has sold First Citizens Plaza, a 477,000-square-foot office building in Charlotte, N.C., to Osprey Ltd. for $77.3 million.Trizec, a Chicago REIT, said the sale would provide it with a gain of about $32 million and was structured ...

Charlotte Business JournalNASCAR is mulling adding a 300,000-square-foot office building to its Hall of Fame project in uptown Charlotte, N.C. NASCAR has six months to make a decision, based on a contractual option. NASCAR occupies about 61,000 square feet in ...

Charlotte Business JournalLocal developer Faison Associates wants to redevelop the virtually vacant 230,000-square-foot former Amity Gardens shopping center in Charlotte, N.C. Faison plans to add a mix of offices, shops and restaurants to the 18-acre property on East Independence Blvd. ...

Charlotte Business Journal Philadelphia's Trinity Capital Investors has outlined an $83 million mixed-use building in downtown Charlotte. The building, 500 West Trade, will have 300 rental units, 100 condominium units, and 30,000 square feet of retail space. A second phase ...