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New Location for $36M Carolina HealthCare Behavioral Hospital

New Location for $36M Carolina HealthCare Behavioral Hospital

By Eliza Theiss, Associate Editor Carolinas HealthCare System (CHS) has found a new site in Davidson for a planned behavioral hospital, this after previous development plans for another location fell through in March. The planned mental health care facility is a 66-bed, single-story, 76,280-square-foot complex with private rooms and large…

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Parkway Properties to Purchase Hearst Tower

Parkway Properties to Purchase Hearst Tower

By Eliza Theiss, Associate Editor Investor confidence in the Charlotte office market seems to be on the rise. Following the recent sale of the Coliseum Centre, dubbed ‘deal of the week’ by The Wall Street Journal, another multimillion dollar office property transaction is in the works in the Queen City.…

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Peak 10 Expanding in Charlotte, Building New Data Center

Peak 10 Expanding in Charlotte, Building New Data Center

By Eliza Theiss, Associate Editor Peak 10 Inc., the Charlotte-based data center solutions company, has announced it will be expanding its surface area in Charlotte by 62,000 square-feet by building a fourth data center. The new building will be located in University Research Park near UNC-Charlotte and will be developed…

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$20M Hospital for Anson County; $16M Expansion for Matthews Hospital

$20M Hospital for Anson County; $16M Expansion for Matthews Hospital

By Eliza Theiss, Associate Editor The healthcare industry continues to be one of the main drivers of economic development in the Charlotte area, and Carolinas HealthCare System’s recent string of expansions and upgrades is proof of this. This week, the nation’s second largest healthcare system announced plans to seek state…

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Charlotte Douglas International Airport, Sixth-Busiest in the World, to Expand

Charlotte Douglas International Airport, Sixth-Busiest in the World, to Expand

By Eliza Theiss, Associate Editor Charlotte Douglas International Airport is the sixth-busiest airport in the world in terms of take-offs and landings, this according to data released by the Airports Council International. The almost 540,000 takeoffs and landings handled in 2011 lifted the airport from the eleventh position it held…

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$84M Presbyterian Orthopedic Hospital Approved

$84M Presbyterian Orthopedic Hospital Approved

By Eliza Theiss, Associate Editor Plans for the new $84 million Presbyterian Orthopedic Hospital in Charlotte have been approved by the North Carolina Division of Health Service Regulation. The Charlotte-based health care system submitted its application in October 2011, seeking approval to build a new orthopedic health care facility that would…

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Apartment Complex Sells for $33.3 Million; Car Country Club in Development for Huntersville

Apartment Complex Sells for $33.3 Million; Car Country Club in Development for Huntersville

By Eliza Theiss, Associate Editor Greensboro-based Bell Partners Inc. has recently acquired the residential piece of Morrison at SouthPark Apartments from Washington-based Madison Marquette for $33.3 million. Since its acquisition, the 214-unit apartment complex at Sharon and Colony Roads has been renamed Bell Morrison. According to a Charlotte Business Journal report, property…

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AXA Financial to Relocate to Innovation Park; CharlotteLaw Secures Uptown Lease

AXA Financial to Relocate to Innovation Park; CharlotteLaw Secures Uptown Lease

By Eliza Theiss, Associate Editor AXA Financial Inc. has signed a lease for about 140,000 square feet in Innovation Park and will relocate in May 2014 from its current offices at Ballantyne Corporate Park. The New York-based company currently leases 169,912 square feet at 10840 Ballantyne Commons Parkway and has been…

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HFF Marketing Loan for The Vue

HFF Marketing Loan for The Vue

By Eliza Theiss, Associate Editor Real estate firm HFF L.P. recently began marketing $130 million in junior debt tied to The Vue–Charlotte, a luxury uptown condominium project. Miami-based investors are said to have shown interest for the note. Current owner MCL Cos. [...]…

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Retirement Home Planned for Davidson; Charlotte Emergency Facilities Receive State Approval

Retirement Home Planned for Davidson; Charlotte Emergency Facilities Receive State Approval

By Eliza Theiss, Associate Editor Hawthorne Retirement Group is planning to construct a 33,000-square-foot retirement home on 4.19 acres of land on the shore of Lake Cornelius in Davidson. If built, the senior-housing community would feature a public trail and boat [...]…

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Britax Considering Move to York County; Positec Opens Second Charlotte Site

Britax Considering Move to York County; Positec Opens Second Charlotte Site

By Eliza Theiss, Associate Editor Britax Child Safety is considering moving its Charlotte-based facilities to neighboring York County. The company currently leases two facilities in Charlotte — a corporate center and assembly operation in South Point Business Park, as well as [...]…

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AT&T to Build $200 Million Data Center; RATO Headquarters Planned for Lincoln County

AT&T to Build $200 Million Data Center; RATO Headquarters Planned for Lincoln County

By Eliza Theiss, Associate Editor Telecommunications and wireless provider AT&T announced it will build a $200 million data center in Kings Mountain, N.C. The development will create up to 100 permanent jobs and an additional 1,000 temporary construction positions. The data [...]…

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