News
Charlotte Commercial Real Estate

Industrial Landlords Get Upper Hand

With vacancy as low as it currently is in the metro Charlotte industrial market, leverage has shifted toward the landlord’s side of the negotiating table, CBRE’s Frank Larsen tells us. “Large blocks of quality industrial space are a rare commodity, and landlords are being selective about to whom they choose to lease.” (More selective than The Bachelor.) Recently Frank, along with colleague Steve Lowe, repped Brooks Equipment Co in its 65k SF lease renewal at 2700 N Hutchinson McDonald Rd in Crosspoint Business Center. The current location, Frank says, turned out to be the best one.

Continue reading this story with a free account

Log in or register
Related Topics: The Bachelor
Sign up for more articles like this
Subscribe to Bisnow's Charlotte Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Philly's Big-Box Warehouse Owners Subdivide Spaces After Developing 'The Wrong-Size Buildings'

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

Blackstone Sells $1B Industrial Portfolio To Atlanta-Based Investor

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

Redevco Buys 560K SF Jaguar Land Rover Logistics Hub In UK IOS Push