YOUR SIGN HERE

Real estate investment money is once again looking for opportunity, and uptown buildings like the 400 S. Tryon tower (below) could come into play.
 
The California Public Employees? Retirement System, for example, recently announced a $16B ?back to basics? investment strategy for income-generating properties. But owners of buildings uptown (yes, ?uptown,? it's an elevation thing), may decide to hold rather than sell in hopes of a better market later, JLL local analystKay Gilreath tells us. CBRE's Ryan Clutter adds that the driver will be whether current owners feel they can get a good return on their original investment.

Continue reading this story with a free account

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

Houston CRE Firms Turn To Contractors As They Look To Scale

The Revitalization Of Sugar Creek On The Lake, A Premier Waterfront Property In Greater Houston

Illinois' Record Storm Season May Be Changing The Risk Equation For CRE

Beacon Partners Sells Charlotte Mixed-Use Development For $92M

10 States Alone Carry $1.4T In Wildfire Property Risk, Cotality Finds

ICE Pivot From Warehouse Plan Funnels Cash To Private Prison Owners

Blackstone Vice Chairman Tom Nides On Leadership And The Future Of CRE

California Real Estate Exec Charged In Child-Safety Sting

CRE Leaders Stress Importance Of Adaptability As DFW Continues To Grow

Tishman Speyer Makes Charlotte Debut With $76.3M Apartment Buy

MDNI Group Buys Santa Monica Apartments Out Of Receivership: The Los Angeles Deal Sheet

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