Welcome to the new and
improved email newsletter of the Charlotte Region Commercial Board of
REALTORS®, The Voice of Commercial
Real Estate! The CRCBR Marketing Committee has
worked hard to bring you this improved format to make it easier to find the
information that's important to you. We welcome any feedback you may
have regarding the new design and the content within. Please email any
comments to erica@crcbr.org.
Bank of America has room with view
For the
first time in seven years, Charlotte's tallest skyscraper is turning on
the vacancy sign.
[More]
Vacancy rate may not give full story
Some real estate analysts and leasing agents say the Charlotte area
market might be stronger than vacancy totals indicate.
[More]
Convention hotel opens doors
From the trademarked Heavenly Bed with white duvet to the martinis at the
sleek Bar 10 lounge to the Jerusalem sandstone in the lobby floor, the
Westin's managers hope to stamp their brand on a city that has lacked a
convention hotel.
[More]
Area's growth attracts steady
flow of retailers
While development has slowed in many other sectors, new retail is
blooming at University City in Charlotte.
[More]
Wal-Mart revives fight in Union County
A Wal-Mart letter sent to some western Union County residents last week has
dashed a local group's hope that the company was no longer interested in
building a supercenter in their neighborhood.
[More]
NC
State Budget Update - Good News
The North Carolina House of Representatives has passed its version of the
budget. The budget will now go to the North Carolina Senate for its approval.
The House budget does not include impact fees or transfer taxes!
Bill would tighten the reins on
telemarketers
Proposal goes further
than federal law does
The Senate
Commerce Committee gave preliminary approval to a no-call registry
for North Carolina on Tuesday.
[More]
Moody's
Report Ranks Raleigh Property Market Dead Last
Raleigh
received the lowest overall average score of any market in the United
States in Moody's Investors Services' latest quarterly assessment of U.S.
property markets.
[More]
Appraiser Liable to Third Party for Negligently
Prepared Report
Federal appellate court rules that South Carolina would impose such liability
upon appraisers because appraisers are professionals who know that third parties
will use their reports for guidance. To read a summary of the decision, click
below to visit The Letter of the Law, NAR's online legal newsletter.
Please Note: The following link is to a
member-only area of the site.
http://www.realtor.org/letterlw.nsf/pages/0403pmis
The RCA will be the Platinum Sponsor of Realcomm for the third year in a row. Recognized as the premier commercial real estate technology conference in North America, Realcomm will be held here in Chicago, June 4-5 at Navy Pier. For more info and to register, access their Web site.
http://www.realcomm.com
Canine Inspectors Sniff Out Mold
Mold inspection has gone to the dogs in Florida. Home inspectors, mold inspectors, and remediators, among other professionals have enlisted sensitive canines noses to sniff out 18 different mold types. [More]
Landlords Try to Stem Rising Insurance Costs
Commercial property owners are making every effort to try and curtail soaring insurance costs. [More]
Leasehold Improvement Bill Introduced
The U.S. House of Representatives has proposed a new law aimed at bolstering the
nation's real estate industry and spurring economic development.
[More]
Despite Problems, Commercial Market Draws Investors
The U.S. economy continues to attract commercial property investors, even as fundamentals in most main property sectors--especially office buildings--continue to soften. [More]
Apartment Vacancies at Ten Year High
Most apartment landlords witnessed soaring vacancy rates in 2003's first quarter
to their highest level in at least 10 years, reports Reis, Inc.
[More]
Office Vacancies Continue Their Climb
For this year's first quarter, Reis Inc. reports that the U.S. office vacancy
rate climbed to 16.2 percent, with demand for space reduced by economic and
political uncertainty and continued job losses.
[More]
Trammell Crow Company Names New Area Director,
Adds 40 People to Charlotte Staff
Trammell Crow Company has named Martin McFarland as the new Area Director
for the commercial real estate company’s
Carolinas region.
McFarland’s appointment
caps a period of rapid growth for Trammell Crow Company in the Carolinas,
which has added 40 people this year, in addition to the 22 people who were
added in the closing months of last year.
[More]
Dan Gallagher, MBA,
CLU, ChFC, CFP™
Receives Certified Business Intermediary Designation
Dan Gallagher, President, !Active! Intermediation, Inc. of
Charlotte,
NC, received the prestigious Certified Business Intermediary (CBI)
designation during IBBA’s 33rd Biannual Educational Program and Conference
in Los Angeles, CA recently. Business brokers are the intermediaries for
owners who want to buy or sell their businesses, although !Active!
Intermediation, Inc. represents sellers exclusively.
[More]
First
Colony Evolves To Meet Changing
Real Estate Marketplace
Adds Retail, Land Development and Residential Components
First Colony Corporation has undergone a dramatic restructuring evolving
into a comprehensive real estate company offering a complete array of real
estate products and services.
[More]
Brad Boyles Joins
D.S.S. Corporation
D.S.S.
Corporation, a well-respected general contracting company specializing in
upfits, is expanding their team with the addition of Brad Boyles as Senior
Project Manager. Boyles brings substantial experience to his new position
with eleven years background in the construction industry, most recently
with Street Construction Company. [More]
Johnny Rankin Joins
Lincoln Harris
Lincoln Harris is pleased to announce Johnny Rankin has taken a position as
Assistant Vice President in the leasing division. His primary
responsibility will be working with Senior Vice President Adam Colvin as
leasing representative for Lincoln Harris’ Bank of America portfolio.
[More]
Randall H. Boone Joins
NAI Southern Real Estate
David J.
Goode, SIOR, President of NAI Southern Real Estate is pleased to announce
that Randall H. Boone has joined NAI Southern’s Office where he will
specialize in the sale of income properties and land acquisition. Randy is
a veteran real estate practitioner and has been active for many years in the
Charlotte Real Estate market.
[More]
Kent Lamm Joins McGuire Properties, Inc./TCN
Worldwide
McGuire Properties,
Inc./TCN worldwide is pleased to announce that Kent Lamm has joined their
firm as a Commercial Real Estate Broker. He brings to McGuire Properties
over 15 years in real estate brokerage, law, finance, and investment. Kent
comes to McGuire Properties from Coldwell Banker in Charlotte, where he
consistently ranked in the top six percent of brokers nationwide. In
addition, he has created and managed several real estate investment
partnerships using his legal and financial background. Kent joined McGuire
Properties in 2003, and works in all areas of commercial real estate, with a
concentration in investment sales.
Find out what commercial real estate
professionals in these companies have been up to!
Chirico Huber Properties
Colliers Pinkard
Commercial One Group
First Colony Corporation
First LandMark
USA, Inc.
Grubb & Ellis|Bissell Patrick
McGuire Properties, Inc/TCN
SouthEast
Commercial Real Estate
Trammell Crow Company
Get Your News in The Voice!
Email press releases to erica@crcbr.org
Coming up in May...
Mandatory Update
How A Broker Can Be of Value When Working With Developers
Excel Technology Class
Uptown Office Crawl - May 14
Join us for a stroll through
Uptown on a beautiful, spring afternoon to learn all you need to know about
Charlotte's outstanding Uptown office market.
Discover the familiar office buildings of Uptown Charlotte:
Stops
Charlotte Plaza
Hearst Tower
Bank of America Corporate Center
Carillon
First Citizens Bank Plaza
Three Wachovia Center
Ivey's
Walk Bys
IJL Financial Center
Interstate Tower
200 South Tryon
230 South Tryon
Click on the links below to visit our sponsor websites.
Beacon Partners
Cousins Properties, Inc.
Huntersville Business
Park
Lauth Property Group
Barker Corvus
Edifice, Inc.
Kennedy Covington Lobdell & Hickman, LLP
The International
Business Park at Concord
Lichtin Corporation
Trinity Partners
The Staubach
Company
US Land
Management Company
CRCBR
PO Box 36566
Charlotte, NC 28236-6566
704.377.8982 phone
704.377.8983 fax
info@crcbr.org
www.crcbr.org
Charlotte Region Commercial Board of
REALTORS®
PO Box 36566 • Charlotte, NC 28236-6566 •
704.377.8982 phone • 704.377.8983 fax
info@crcbr.org •
www.crcbr.org