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<title>Bisnow News Feed</title>
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<description>Bisnow Charlotte News</description>
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<title>Charlotte Is Buzzing With Big Bank, Fintech Expansions</title>
<link>https://www.bisnow.com/charlotte/news/finance/charlottes-banking-fintech-surge-is-creating-sustainably-strong-growth-134010</link>
<guid>https://www.bisnow.com/charlotte/news/finance/charlottes-banking-fintech-surge-is-creating-sustainably-strong-growth-134010</guid>
<description>Japanese financial giant Sumitomo Mitsui Banking Corp. has selected Charlotte as its second U.S. headquarters, with plans to add roughly 2,000 jobs over the next six years.</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Tue, 07 Apr 2026 15:29:26 -0400</pubDate>
<content:encoded><![CDATA[Japanese financial giant Sumitomo Mitsui Banking Corp. has selected Charlotte as its second U.S. headquarters, with plans to add roughly 2,000 jobs over the next six years.]]></content:encoded>
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<title>Primary Care Space Loses Its Luster Within The MOB Marketplace</title>
<link>https://www.bisnow.com/charlotte/news/healthcare/charlotte-healthcare-real-estate-scene-adapts-to-updated-patient-needs-134020</link>
<guid>https://www.bisnow.com/charlotte/news/healthcare/charlotte-healthcare-real-estate-scene-adapts-to-updated-patient-needs-134020</guid>
<description>Healthcare developers considering building primary care space may be hearing a voice in their heads, one that gives them pause: “If you build it, they may not come.”</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 08 Apr 2026 11:51:59 -0400</pubDate>
<content:encoded><![CDATA[Healthcare developers considering building primary care space may be hearing a voice in their heads, one that gives them pause: “If you build it, they may not come.”]]></content:encoded>
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<title>Capital Group Plants Its Flag In Charlotte With $60M Investment</title>
<link>https://www.bisnow.com/charlotte/news/investment/capital-group-opens-major-east-coast-operations-hub-charlotte-133878</link>
<guid>https://www.bisnow.com/charlotte/news/investment/capital-group-opens-major-east-coast-operations-hub-charlotte-133878</guid>
<description>Capital Group is opening a major East Coast operations hub in Charlotte, the company announced in a release Thursday.</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Mon, 30 Mar 2026 10:52:44 -0400</pubDate>
<content:encoded><![CDATA[Capital Group is opening a major East Coast operations hub in Charlotte, the company announced in a release Thursday.]]></content:encoded>
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<title>Struggling Charlotte Entertainment Complex To Be Sold Again</title>
<link>https://www.bisnow.com/charlotte/news/retail/charlotte-entertainment-complex-to-be-sold-tenants-face-eviction-133812</link>
<guid>https://www.bisnow.com/charlotte/news/retail/charlotte-entertainment-complex-to-be-sold-tenants-face-eviction-133812</guid>
<description>Queen City Quarter, a food and entertainment complex at 201 E. Trade St. in uptown Charlotte, is going up for sale, with three of its tenants currently facing eviction, The Charlotte Observer reported. </description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 25 Mar 2026 11:08:28 -0400</pubDate>
<content:encoded><![CDATA[Queen City Quarter, a food and entertainment complex at 201 E. Trade St. in uptown Charlotte, is going up for sale, with three of its tenants currently facing eviction, The Charlotte Observer reported. ]]></content:encoded>
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<title>Charlotte, Raleigh Named No. 1 And No. 2 Retail Markets In U.S.</title>
<link>https://www.bisnow.com/charlotte/news/retail/raleigh-charlotte-stand-out-in-new-retail-report-133715</link>
<guid>https://www.bisnow.com/charlotte/news/retail/raleigh-charlotte-stand-out-in-new-retail-report-133715</guid>
<description>Charlotte and Raleigh have emerged as the top two retail markets in the country, according to Marcus &amp; Millichap’s 2026 Retail Investment Forecast Report published March 12.</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 18 Mar 2026 14:53:23 -0400</pubDate>
<content:encoded><![CDATA[Charlotte and Raleigh have emerged as the top two retail markets in the country, according to Marcus & Millichap’s 2026 Retail Investment Forecast Report published March 12.]]></content:encoded>
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<title>NCDOT May Be Open To Burying Roadway As Part Of I-77 Expansion</title>
<link>https://www.bisnow.com/charlotte/news/transportation/charlotte-clears-way-for-controversial-i-77-toll-lanes-after-ncdot-agrees-to-delay-133503</link>
<guid>https://www.bisnow.com/charlotte/news/transportation/charlotte-clears-way-for-controversial-i-77-toll-lanes-after-ncdot-agrees-to-delay-133503</guid>
<description>The North Carolina Department of Transportation has floated allowing parts of the planned I-77 interstate expansion to be constructed underground, after dismissing the idea as too expensive just a month prior, according to a Charlotte Observer report. </description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 04 Mar 2026 12:26:36 -0500</pubDate>
<content:encoded><![CDATA[The North Carolina Department of Transportation has floated allowing parts of the planned I-77 interstate expansion to be constructed underground, after dismissing the idea as too expensive just a month prior, according to a Charlotte Observer report. ]]></content:encoded>
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<title>Huntersville Planning Board Backs $200M Knox Crossing Rezoning</title>
<link>https://www.bisnow.com/charlotte/news/mixed-use/planning-board-backs-rezoning-proposal-for-knox-crossing-133394</link>
<guid>https://www.bisnow.com/charlotte/news/mixed-use/planning-board-backs-rezoning-proposal-for-knox-crossing-133394</guid>
<description>A major mixed-use project in a northern Charlotte suburb has cleared a key regulatory hurdle.</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 25 Feb 2026 12:33:23 -0500</pubDate>
<content:encoded><![CDATA[A major mixed-use project in a northern Charlotte suburb has cleared a key regulatory hurdle.]]></content:encoded>
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<title>Charlotte Hotel Sold To Nonprofit Seeking Veteran Housing</title>
<link>https://www.bisnow.com/charlotte/news/hotel/charlotte-extend-stay-hotel-sold-to-become-housing-for-veterans-133294</link>
<guid>https://www.bisnow.com/charlotte/news/hotel/charlotte-extend-stay-hotel-sold-to-become-housing-for-veterans-133294</guid>
<description>The Sonesta Extended Stay Hotel in southwest Charlotte was sold to a New York-based nonprofit on Feb. 12 and is reportedly earmarked to become housing for veterans.</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 18 Feb 2026 13:04:17 -0500</pubDate>
<content:encoded><![CDATA[The Sonesta Extended Stay Hotel in southwest Charlotte was sold to a New York-based nonprofit on Feb. 12 and is reportedly earmarked to become housing for veterans.]]></content:encoded>
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<title>Charlotte Metro Industrial Corridor Nears Completion With Development Of 194K SF Distribution Center</title>
<link>https://www.bisnow.com/charlotte/news/industrial/construction-starts-on-final-site-in-pineville-industrial-corridor-133168</link>
<guid>https://www.bisnow.com/charlotte/news/industrial/construction-starts-on-final-site-in-pineville-industrial-corridor-133168</guid>
<description>Construction is well underway on the final undeveloped site in the Pineville industrial corridor in the Charlotte metro area.
The last large-scale development there, the Pineville Distribution Center, will be a 194K SF Class-A industrial facility some...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 11 Feb 2026 11:18:55 -0500</pubDate>
<content:encoded><![CDATA[Construction is well underway on the final undeveloped site in the Pineville industrial corridor in the Charlotte metro area.
The last large-scale development there, the Pineville Distribution Center, will be a 194K SF Class-A industrial facility some 15 miles south of Charlotte, according to a Jan. 26 press release from Iconic Equities.
Iconic Equities, a Miami-based industrial real estate investment firm, led rezoning efforts for the center last year along with Shoreline Capital. Along with Iconic Overlook Ventures and LaSalle Investment Management, Iconic Equities is developing the project. 
Iconic Equities CEO Tim Bishop declined to provide details on the price tag for the development.
The 15-acre site is at 10203...]]></content:encoded>
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<title>Siemens Energy Finalizes $421M Expansion Plans In North Carolina</title>
<link>https://www.bisnow.com/charlotte/news/industrial/siemens-energy-finalizes-421m-expansion-plans-in-north-carolina-133058</link>
<guid>https://www.bisnow.com/charlotte/news/industrial/siemens-energy-finalizes-421m-expansion-plans-in-north-carolina-133058</guid>
<description>Siemens Energy has announced $421M expansion plans across its North Carolina operations in both Charlotte and Raleigh, the Charlotte Business Journal reported.
A significant portion of the expansion will be investment at the company’s existing gas turbine...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 04 Feb 2026 10:08:00 -0500</pubDate>
<content:encoded><![CDATA[Siemens Energy has announced $421M expansion plans across its North Carolina operations in both Charlotte and Raleigh, the Charlotte Business Journal reported.
A significant portion of the expansion will be investment at the company’s existing gas turbine manufacturing and service facility in Charlotte, which sits at more than 1M SF at 101 Siemens Ave. off Westinghouse Boulevard. 
In Raleigh, Siemens Energy is also reportedly expanding grid technology project execution.
This move is meant to increase investments at sites that manufacture critical pieces of energy infrastructure equipment, The Charlotte Observer reports.
The investment will create 500 jobs in North Carolina across multiple locations that manufacture energy...]]></content:encoded>
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<title>Corning Expands North Carolina Presence With $6B Deal With Meta</title>
<link>https://www.bisnow.com/charlotte/news/data-center-development/corning-expands-north-carolina-presence-with-6b-meta-deal-132940</link>
<guid>https://www.bisnow.com/charlotte/news/data-center-development/corning-expands-north-carolina-presence-with-6b-meta-deal-132940</guid>
<description>An optical cable dealer will benefit from the surge in data center development with a billion-dollar deal that will expand its North Carolina manufacturing. 
Corning Inc. will boost its optical cable manufacturing presence in North Carolina through a...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 28 Jan 2026 11:20:09 -0500</pubDate>
<content:encoded><![CDATA[An optical cable dealer will benefit from the surge in data center development with a billion-dollar deal that will expand its North Carolina manufacturing. 
Corning Inc. will boost its optical cable manufacturing presence in North Carolina through a $6B data center deal with Meta Platforms Inc., the Charlotte Business Journal reported.
The multiyear deal, which spans through 2030, aims to provide specialized cable to facilitate data center development for Meta, which owns Facebook, Instagram and WhatsApp. 
Corning CEO and Chairman Wendell P. Weeks said in a press release that the investment will significantly expand the company’s footprint across North Carolina and boost its headcount...]]></content:encoded>
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<title>Charlotte Retail's Rapid Rebound Tops National Charts</title>
<link>https://www.bisnow.com/charlotte/news/retail/charlotte-maintains-strong-retail-sector-ranking-above-other-us-markets-132859</link>
<guid>https://www.bisnow.com/charlotte/news/retail/charlotte-maintains-strong-retail-sector-ranking-above-other-us-markets-132859</guid>
<description>The city of Charlotte has maintained a strong retail market, with smaller spaces proving to be especially competitive within the sector over the last year.
Charlotte ranked first among the top 43 U.S. retail markets with at least 100M SF of inventory...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Thu, 22 Jan 2026 15:02:45 -0500</pubDate>
<content:encoded><![CDATA[The city of Charlotte has maintained a strong retail market, with smaller spaces proving to be especially competitive within the sector over the last year.
Charlotte ranked first among the top 43 U.S. retail markets with at least 100M SF of inventory in asking rent growth and overall investment performance, according to a recent CoStar report.
Brandon Svec, national director of retail analytics at CoStar Group, noted that several fundamentals combined in Charlotte's retail rise.
"After coming in sixth place last year, Charlotte’s rise to the top was predicated on demographic tailwinds, a diversified economy, and a disciplined supply pipeline," Svec said in a statement.
]]></content:encoded>
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<title>Charlotte-Area Telecom Giant Halts $60M Expansion Project, Rebrands</title>
<link>https://www.bisnow.com/charlotte/news/other/charlotte-area-telecom-giant-halts-60m-expansion-project-rebrands-132754</link>
<guid>https://www.bisnow.com/charlotte/news/other/charlotte-area-telecom-giant-halts-60m-expansion-project-rebrands-132754</guid>
<description>CommScope, a North Carolina telecommunications company and one of Catawba County’s largest employers, is halting a long-planned expansion project, according to The Charlotte Observer. 
The fiber-optic manufacturing facility project in the town of...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Thu, 15 Jan 2026 13:57:12 -0500</pubDate>
<content:encoded><![CDATA[CommScope, a North Carolina telecommunications company and one of Catawba County’s largest employers, is halting a long-planned expansion project, according to The Charlotte Observer. 
The fiber-optic manufacturing facility project in the town of Catawba, just north of Charlotte, was projected to cost $60M and bring 250 new jobs to the region, according to a 2023 press release by the North Carolina Department of Commerce.
North Carolina’s Economic Investment Committee also terminated a nearly $2M economic development agreement grant it gave CommScope last summer as an incentive for the project. 
The demise of the expansion, announced Jan. 13, comes about a month after CommScope informed the state...]]></content:encoded>
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<title>Rock Hill City Council To Decide On Rezoning For Dual-Hotel Project</title>
<link>https://www.bisnow.com/charlotte/news/hotel/rock-hill-city-council-to-decide-on-rezoning-for-dual-hotel-project-132664</link>
<guid>https://www.bisnow.com/charlotte/news/hotel/rock-hill-city-council-to-decide-on-rezoning-for-dual-hotel-project-132664</guid>
<description>Rock Hill, South Carolina, 25 miles south of downtown Charlotte, might soon see a dual-hotel project.
On Jan. 6, the Rock Hill Planning Commission recommended approval of a rezoning request from an entity tied to Fort Mill-based Primo Investments, the...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Mon, 12 Jan 2026 10:18:32 -0500</pubDate>
<content:encoded><![CDATA[Rock Hill, South Carolina, 25 miles south of downtown Charlotte, might soon see a dual-hotel project.
On Jan. 6, the Rock Hill Planning Commission recommended approval of a rezoning request from an entity tied to Fort Mill-based Primo Investments, the Charlotte Business Journal reported.
The hotel owner and developer, led by Hitesh Patel, aims to rezone 13.2 acres at 1505 and 1515 Riverchase Blvd., off Exit 82C of Interstate 77, for a project that will construct two hotels on the site.
The Rock Hill City Council, which has final authority on zoning, is expected to make a decision on Jan. 26. 
If the project...]]></content:encoded>
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<title>Charlotte Motor Speedway Sells Land To Hendrick Motorsports</title>
<link>https://www.bisnow.com/charlotte/news/commercial-real-estate/charlotte-motor-speedway-sells-land-to-hendrick-motorsports-132359</link>
<guid>https://www.bisnow.com/charlotte/news/commercial-real-estate/charlotte-motor-speedway-sells-land-to-hendrick-motorsports-132359</guid>
<description>Charlotte Motor Speedway has sold land near its famous track in Concord, North Carolina, to the Hendrick Motorsports racing team, the Charlotte Business Journal reported.</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Mon, 15 Dec 2025 12:41:20 -0500</pubDate>
<content:encoded><![CDATA[Charlotte Motor Speedway has sold land near its famous track in Concord, North Carolina, to the Hendrick Motorsports racing team, the Charlotte Business Journal reported.]]></content:encoded>
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<title>Despite Development Taking A 'Breather,' Charlotte's Multifamily And BTR Pipeline Looks Optimistic</title>
<link>https://www.bisnow.com/charlotte/news/multifamily/development-charlotte-multifamily-nfp-studiob-131883</link>
<guid>https://www.bisnow.com/charlotte/news/multifamily/development-charlotte-multifamily-nfp-studiob-131883</guid>
<description>While the construction pipeline in Charlotte has encountered some hurdles, with vacancy remaining high and deals slowing, there’s still a positive outlook for the multifamily and build-to-rent markets. 
A growing population, a robust job market and...</description>
<author>john.knowles@bisnow.com</author>
<pubDate>Thu, 13 Nov 2025 16:18:31 -0500</pubDate>
<content:encoded><![CDATA[While the construction pipeline in Charlotte has encountered some hurdles, with vacancy remaining high and deals slowing, there’s still a positive outlook for the multifamily and build-to-rent markets. 
A growing population, a robust job market and increased demand for rentals have investors gaining more confidence in Charlotte’s strong fundamentals.
NFP, an insurance and advisory brokerage that provides specialized risk management to construction companies in Charlotte, is also noticing this shift.
“New construction starts have dropped significantly as developers are cautious amid high interest rates and inflationary pressures,” NFP Senior Adviser Peet Poillon said. “Despite this, Charlotte's construction pipeline remains one of the largest nationally,...]]></content:encoded>
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<title>$240M Costco Distribution Center Approved In Metro Charlotte</title>
<link>https://www.bisnow.com/charlotte/news/economic-development/240m-costco-distribution-center-approved-in-metro-charlotte-132135</link>
<guid>https://www.bisnow.com/charlotte/news/economic-development/240m-costco-distribution-center-approved-in-metro-charlotte-132135</guid>
<description>The York County Council in South Carolina voted Tuesday to approve a tax incentive deal to bring a Costco distribution center to Rock Hill near Charlotte, according to The Herald.
During the third and final reading of the ordinance and after hours of...</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 03 Dec 2025 12:40:02 -0500</pubDate>
<content:encoded><![CDATA[The York County Council in South Carolina voted Tuesday to approve a tax incentive deal to bring a Costco distribution center to Rock Hill near Charlotte, according to The Herald.
During the third and final reading of the ordinance and after hours of contentious debate, the vote passed.
However, the council used a legislative maneuver to find the money for the tax deal that some found dubious at best, leaving open the question of whether Costco will accept the deal in the end. ]]></content:encoded>
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<title>Charlotte’s Small Businesses Pick Up Pieces After Recent Border Patrol Raids</title>
<link>https://www.bisnow.com/charlotte/news/economic-development/ice-raids-impact-charlottes-small-business-scene-132038</link>
<guid>https://www.bisnow.com/charlotte/news/economic-development/ice-raids-impact-charlottes-small-business-scene-132038</guid>
<description>Charlotte’s small business scene has had notable economic fallout from a series of immigration sweeps by the U.S. Border Patrol across the city last week, according to Charlotte Business Journal. </description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Mon, 24 Nov 2025 15:23:56 -0500</pubDate>
<content:encoded><![CDATA[Charlotte’s small business scene has had notable economic fallout from a series of immigration sweeps by the U.S. Border Patrol across the city last week, according to Charlotte Business Journal. ]]></content:encoded>
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<title>Raleigh REIT Closes On $230M Office Tower in Charlotte</title>
<link>https://www.bisnow.com/charlotte/news/office/highwoods-acquires-another-legacy-union-property-in-charlotte-131945</link>
<guid>https://www.bisnow.com/charlotte/news/office/highwoods-acquires-another-legacy-union-property-in-charlotte-131945</guid>
<description>A 24-story office building in Charlotte has changed hands. 
</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Tue, 18 Nov 2025 14:50:35 -0500</pubDate>
<content:encoded><![CDATA[A 24-story office building in Charlotte has changed hands. 
]]></content:encoded>
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<title>Simon Acquires Phillips Place Mall in Charlotte</title>
<link>https://www.bisnow.com/charlotte/news/property-management/simon-acquires-phillips-place-shopping-mall-in-charlotte-131969</link>
<guid>https://www.bisnow.com/charlotte/news/property-management/simon-acquires-phillips-place-shopping-mall-in-charlotte-131969</guid>
<description>Another high-end retail outlet in Charlotte will carry the Simon brand. </description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 19 Nov 2025 12:33:44 -0500</pubDate>
<content:encoded><![CDATA[Another high-end retail outlet in Charlotte will carry the Simon brand. ]]></content:encoded>
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<title>Scout Motors To Open New Corporate Headquarters In Charlotte</title>
<link>https://www.bisnow.com/charlotte/news/construction-development/scout-motors-to-bring-new-corporate-headquarters-to-charlotte-131877</link>
<guid>https://www.bisnow.com/charlotte/news/construction-development/scout-motors-to-bring-new-corporate-headquarters-to-charlotte-131877</guid>
<description>After a multistate search, an emerging automotive manufacturer has landed on Charlotte for its corporate home. </description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Thu, 13 Nov 2025 14:09:15 -0500</pubDate>
<content:encoded><![CDATA[After a multistate search, an emerging automotive manufacturer has landed on Charlotte for its corporate home. ]]></content:encoded>
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<title>'Not Just Hot But Resilient': Colliers Utilities Director On Charlotte's Robust CRE Market</title>
<link>https://www.bisnow.com/charlotte/news/construction-development/charlotte-construction-colliers-studiob-131312</link>
<guid>https://www.bisnow.com/charlotte/news/construction-development/charlotte-construction-colliers-studiob-131312</guid>
<description>Charlotte’s commercial real estate market is showing reasons for optimism, thanks in no small part to the area’s robust job market. 
Among the 14 metropolitan areas with a population of more than 1 million people, Charlotte recorded the highest...</description>
<author>julia.troy@bisnow.com</author>
<pubDate>Thu, 09 Oct 2025 15:38:18 -0400</pubDate>
<content:encoded><![CDATA[Charlotte’s commercial real estate market is showing reasons for optimism, thanks in no small part to the area’s robust job market. 
Among the 14 metropolitan areas with a population of more than 1 million people, Charlotte recorded the highest employment growth — up 2.8% — in 2025 so far. Charlotte is seeing greater stability in its office market, while net absorption of industrial space neared 1M SF in the second quarter. 
“Charlotte remains a robust growth market — not just hot but resilient,” said Robert Memory, department manager of utility engineering and coordination for Colliers Engineering & Design. “It is transitioning from a place of rapid speculative growth with...]]></content:encoded>
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<title>‘Battle-Tested Asset Class’: In the Southeast, Retail Deal Volume Set To Ramp Up</title>
<link>https://www.bisnow.com/atlanta/news/retail/jll-private-capital-retail-atlanta-studiob-126024</link>
<guid>https://www.bisnow.com/atlanta/news/retail/jll-private-capital-retail-atlanta-studiob-126024</guid>
<description>Now that the Federal Reserve has kicked off a cycle of monetary policy easing, retail real estate transaction volume in the southeastern U.S. is poised to heat up, said Brad Buchanan, managing director in the Atlanta office of JLL Capital Markets, Americas.
The...</description>
<author>marynia.kruk@bisnow.com</author>
<pubDate>Tue, 24 Sep 2024 03:44:56 -0400</pubDate>
<content:encoded><![CDATA[Now that the Federal Reserve has kicked off a cycle of monetary policy easing, retail real estate transaction volume in the southeastern U.S. is poised to heat up, said Brad Buchanan, managing director in the Atlanta office of JLL Capital Markets, Americas.
The region’s fundamentals are strong, and retail has proven its resilience in the face of the long-term threat of e-commerce and the disruptions of the pandemic, he said. These factors are translating into renewed interest from investors, as well as an increasingly broad spectrum of lenders willing to finance retail acquisitions. 
Bisnow spoke with Buchanan about the resulting opportunities and how commercial...]]></content:encoded>
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<title>FOR LEASE: 110 East, A Transit-Oriented Office Development In Charlotte’s South End Neighborhood</title>
<link>https://www.bisnow.com/charlotte/news/commercial-real-estate/110-east-charlotte-south-end-stiles-studiob-125718</link>
<guid>https://www.bisnow.com/charlotte/news/commercial-real-estate/110-east-charlotte-south-end-stiles-studiob-125718</guid>
<description>Welcome to 110 East, a 370K SF, Class-A office property in Charlotte. The tower was delivered in May by a partnership of real estate companies Stiles and Shorenstein Properties and designed by Hastings Architecture LLC. It features 12 floors of office...</description>
<author>john.knowles@bisnow.com</author>
<pubDate>Fri, 30 Aug 2024 11:54:05 -0400</pubDate>
<content:encoded><![CDATA[Welcome to 110 East, a 370K SF, Class-A office property in Charlotte. The tower was delivered in May by a partnership of real estate companies Stiles and Shorenstein Properties and designed by Hastings Architecture LLC. It features 12 floors of office space, each offering 29K SF. 
Convenience and top-of-the-line amenities allow tenants and residents to take breaks from the workday to access the neighborhood's shopping and dining options from the lobby level. The sky-level amenity deck offers unobstructed views of Uptown Charlotte from the wraparound terrace, flex multipurpose spaces that allow for events and large meetings, and a state-of-the-art fitness center...]]></content:encoded>
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<title>The 16 Deals And Trends That Defined 2023</title>
<link>https://www.bisnow.com/national/news/commercial-real-estate/the-16-deals-and-trends-that-defined-2023-122182</link>
<guid>https://www.bisnow.com/national/news/commercial-real-estate/the-16-deals-and-trends-that-defined-2023-122182</guid>
<description>Bisnow started off the year with a prediction that “you’re probably going to lose money in 2023,” and, well, much of the commercial real estate industry is probably quite happy to put the year in the rearview mirror. From bank failures and layoffs...</description>
<author>catie@bisnow.com</author>
<pubDate>Tue, 19 Dec 2023 23:53:11 -0500</pubDate>
<content:encoded><![CDATA[Bisnow started off the year with a prediction that “you’re probably going to lose money in 2023,” and, well, much of the commercial real estate industry is probably quite happy to put the year in the rearview mirror. From bank failures and layoffs to foreclosures, interest rate hikes and an awful lot of pickleball, CRE was kept on its toes. At least that recession never hit.
As we turn the page to 2024 — another year, perhaps, to plug your nose and get through — Bisnow looked back on the driving forces of 2023. 
— Catie Dixon, Managing Editor]]></content:encoded>
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<title>Political Backlash Against DEI Having A ‘Chilling Effect’ On CRE's Diversity Push</title>
<link>https://www.bisnow.com/national/news/commercial-real-estate/political-backlash-against-dei-having-a-chilling-effect-on-cres-diversity-push-121882</link>
<guid>https://www.bisnow.com/national/news/commercial-real-estate/political-backlash-against-dei-having-a-chilling-effect-on-cres-diversity-push-121882</guid>
<author>ethan.rothstein@bisnow.com</author>
<pubDate>Thu, 30 Nov 2023 17:03:57 -0500</pubDate>
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<title>Charlotte CRE May Slow Down, But Will ‘Snap Back Like A Coiled Spring’</title>
<link>https://www.bisnow.com/charlotte/news/economy/charlotte-nc-ryan-carver-sga-nw-studiob-119897</link>
<guid>https://www.bisnow.com/charlotte/news/economy/charlotte-nc-ryan-carver-sga-nw-studiob-119897</guid>
<description>The Sun Belt has quickly become one of the country’s hottest regions for commercial real estate, and in North Carolina’s largest city, Charlotte, business is thriving.
Due to the city’s rapidly growing job market and steep increase in population,...</description>
<author>emily.lynch@bisnow.com</author>
<pubDate>Thu, 20 Jul 2023 16:32:10 -0400</pubDate>
<content:encoded><![CDATA[The Sun Belt has quickly become one of the country’s hottest regions for commercial real estate, and in North Carolina’s largest city, Charlotte, business is thriving.
Due to the city’s rapidly growing job market and steep increase in population, Charlotte CRE is among the most active markets in the nation — with CBRE ranking the city as the seventh-most-preferred market for investors this year. In 2022, retail saw a record-low vacancy of 3.6%, office space experienced strong Class-A leasing activity and multifamily rent grew at a rate of 10.2%. 
However, like most markets in today’s CRE climate, Charlotte is not immune to unfavorable economic...]]></content:encoded>
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<title>Securing More Construction Financing: NFP's Peet Poillon At Bisnow’s Charlotte Event </title>
<link>https://www.bisnow.com/charlotte/news/construction-development/peet-poillon-bisnow-charlotte-construction-development-event-studiob-119627</link>
<guid>https://www.bisnow.com/charlotte/news/construction-development/peet-poillon-bisnow-charlotte-construction-development-event-studiob-119627</guid>
<description>While there is $7B in the Charlotte construction pipeline in Uptown and South End alone, that may not be enough to meet the booming demand in North Carolina’s biggest city. 
Supply chain disruptions and inflation continue to delay timelines, causing increased...</description>
<author>john.knowles@bisnow.com</author>
<pubDate>Thu, 29 Jun 2023 16:23:36 -0400</pubDate>
<content:encoded><![CDATA[While there is $7B in the Charlotte construction pipeline in Uptown and South End alone, that may not be enough to meet the booming demand in North Carolina’s biggest city. 
Supply chain disruptions and inflation continue to delay timelines, causing increased construction costs, and permits issued for projects have decreased. 
“While the construction industry has plenty of work in the pipeline, it’s getting increasingly difficult to execute specific projects from a lending standpoint,” said Peet Poillon, senior adviser at NFP, an insurance and benefits coverage firm. “Rising construction costs are also making it harder for deals to pencil despite the demand.”
Poillon attended Bisnow’s Charlotte Construction and Development Outlook event...]]></content:encoded>
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<title>Why The Next Wave Of Big Stadium Developments Could Be Harder To Pull Off</title>
<link>https://www.bisnow.com/national/news/economic-development/increased-public-scrutiny-a-great-influence-over-stadium-deals-115621</link>
<guid>https://www.bisnow.com/national/news/economic-development/increased-public-scrutiny-a-great-influence-over-stadium-deals-115621</guid>
<description>Professional sports teams are getting set to embark on a stadium development boom, but as the price tags of their ambitions have ballooned into the billions, negotiations for taxpayer help are drawing ever more scrutiny, and the risks of a public blowup...</description>
<author>jarred@bisnow.com</author>
<pubDate>Wed, 28 Sep 2022 13:35:06 -0400</pubDate>
<content:encoded><![CDATA[Professional sports teams are getting set to embark on a stadium development boom, but as the price tags of their ambitions have ballooned into the billions, negotiations for taxpayer help are drawing ever more scrutiny, and the risks of a public blowup have grown.
Take the saga of the Los Angeles Angels. The Major League Baseball team has been playing at Angel Stadium in Anaheim since 1966, and when owner Arte Moreno was looking for a new ballpark for his club, he struck a deal for 153 acres of city-owned land on which he could build a new stadium, as well...]]></content:encoded>
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<title>S.C. City Alleges RE Group Backed By Carolina Panthers Owner Committed Fraud In Team HQ Deal</title>
<link>https://www.bisnow.com/charlotte/news/economic-development/rock-hill-suing-david-tepper-real-estate-company-carolina-panthers-fraud-115361</link>
<guid>https://www.bisnow.com/charlotte/news/economic-development/rock-hill-suing-david-tepper-real-estate-company-carolina-panthers-fraud-115361</guid>
<description>The case of the failed Carolina Panthers headquarters and mixed-use complex in Rock Hill, South Carolina, has taken an uglier turn.
When GT Real Estate Holdings, the David Tepper-owned company in charge of building the Rock Hill complex for the Tepper-owned...</description>
<author>matt.rothstein@bisnow.com</author>
<pubDate>Thu, 08 Sep 2022 16:39:04 -0400</pubDate>
<content:encoded><![CDATA[The case of the failed Carolina Panthers headquarters and mixed-use complex in Rock Hill, South Carolina, has taken an uglier turn.
When GT Real Estate Holdings, the David Tepper-owned company in charge of building the Rock Hill complex for the Tepper-owned Carolina Panthers, pulled the plug on the project earlier this year, it blamed the failure by the city of Rock Hill to fund the needed infrastructure improvements. On Wednesday, the city filed an adversary claim in GTRE's bankruptcy case claiming that GTRE committed fraud by soliciting and agreeing to city bond funding without providing the information or financing needed for Rock Hill to sell the...]]></content:encoded>
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