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CHARLOTTE-The pioneer of the subscription computing concept is leasing 50,000 sf for an estimated five years at suburban Forest Park. The company selected the Charlotte area over Atlanta, Charleston, SC, Memphis and Nashville.
CHARLOTTE-Lincoln Harris is relocating 50 staffers into newly-leased 17,000 sf offices at the Bank of America Corporate Center where it manages the 60-story property.
CHARLOTTE-The West Charlotte Merchants Association hires Colleen Bush to replace community activist Louise Sellers as manager of the 10-year-old venture. The west side building has only six tenants occupying a 10,000-sf building developed for 18 users.
CHARLOTTE-George Shield and partner Bob Bruner are contracting to buy eight acres from Pulte Corp. for an estimated $6.4 million or about $800,000 per acre ($18.37 per sf), a high number for a retail development.
CHARLOTTE-The home improvement chain is shooting for a summer 2002 opening at Midtown Square, according to industry sources, but the developer hasn't yet purchased the 26-acre site or bought out the leases of existing tenants at the shopping center.
CHARLOTTE-The home improvement chain is shooting for a summer 2002 opening at Midtown Square, according to industry sources, but the developer hasn't yet purchased the 26-acre site or bought out the leases of existing tenants at the shopping center.
LINCOLNTON, NC-The Lincolnton-Lincoln County Airport, about 40 miles northwest of Downtown Charlotte, will be a hot commercial development spot in the near-future but the area currently doesn't have sewer and water services to accommodate any new planned projects.
RALEIGH, NC-The local chapter of the Society for the Prevention of Cruelty to Animals has bought a 46-acre tract here from Carolina Power & Light Co. for $1.38 million or $30,000 per acre (69 cents per sf).
CHARLOTTE-The Charlotte Region Commercial Board of Realtors disagrees with industry reports predicting the office market here could be overbuilding but agrees the apartment sector is saturated.