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

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

Empire State Building Observation Deck Hemorrhaging Visitors, Value

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

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

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

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines

How Metropolis Is Bringing Parking Into The Future With AI And Recognition Technology

While Chicago Development Stalls, Fulton Market Keeps Building