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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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Proffitt Dixon Partners Breaks Ground on New Developement in Charlotte; Senior Community Planned for Tega Cay

Proffitt Dixon Partners Breaks Ground on New Developement in Charlotte; Senior Community Planned for Tega Cay

By Amalia Otet, Associate Editor Charlotte-based Proffitt Dixon Partners, a multifamily investment and development firm currently focused on Class A apartments in North Carolina, South Carolina and Virginia, recently broke ground on a new development in the Queen City. The 208-unit [...]…

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Bank of America Offices Up For Sale; Charlotte Multifamily on the Rise

Bank of America Offices Up For Sale; Charlotte Multifamily on the Rise

By Amalia Otet, Associate Editor Charlotte-based Bank of America recently announced plans to sell its interest in Hearst Tower and Fifth Third Center, two of the largest office towers in the Queen City, and a third building in New York, 222 [...]…

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$30-million Residential Community Planned for Queen City; Wake Forest Celebrates Opening of Uptown Campus

$30-million Residential Community Planned for Queen City; Wake Forest Celebrates Opening of Uptown Campus

By Amalia Otet, Associate Editor Orlando, Fla.-based Global Growth Trust Inc., a real estate investment trust focused on building a portfolio of real estate and real estate-related assets in the United States and abroad, recently announced plans to enter the Charlotte [...]…

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Laurel Street Residential Aquires Crosland’s Multi-family Affordable Housing Division

Laurel Street Residential Aquires Crosland’s Multi-family Affordable Housing Division

By Amalia Otet, Associate Editor Laurel Street Residential has purchased the multi-family affordable housing development division from Crosland, LLC for an undisclosed price, according to MHN online. Charlotte-based Crosland, LLC had decided in 2011 to divest its operating divisions and focus mainly [...]…

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Turner Construction to Occupy Space in SouthPark; Ballantyne Development Moves Forward

Turner Construction to Occupy Space in SouthPark; Ballantyne Development Moves Forward

By Amalia Otet, Associate Editor Turner Construction Company plans to relocate from its current location at 5955 Carnegie Boulevard to the Roxborough Building in Charlotte’s SouthPark neighborhood, in which it will occupy 20,022 square feet on the fourth floor. Built in [...]…

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Campus Crest Acquires Two Student-Housing Projects; Cureton Town Center Sold for $13.9M

Campus Crest Acquires Two Student-Housing Projects; Cureton Town Center Sold for $13.9M

By Amalia Otet, Associate Editor Campus Crest Communities Inc., a leading developer, builder and manager of purpose-built student housing under The Grove brand, recently announced it has closed on the purchase of the remaining 50.1 percent interests in The Grove at [...]…

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Chiquita gives huge boost to Charlotte office market

Chiquita gives huge boost to Charlotte office market

By Amalia Otet, Associate Editor After having recently decided to move its corporate headquarters from Cincinnati, Ohio to the Queen City, Chiquita Brands International Inc. announced plans to occupy five or six floors of the 20-story NASCAR Plaza in uptown Charlotte [...]…

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