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Channel: KARNES » 2009
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Trinity launches ‘stimulus’ plan for Perimeter Woods

Linville Builing - Source KARNES March 13, 2009 The Charlotte Business Journal …Trinity’s lease rate on the building is $21.50 per square foot. The average annual rental rate in the north Mecklenburg...

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Silver lining for new businesses during down economy

6:14 PM EDT on Wednesday, March 25, 2009 NewsChannel 36 |  Tony Burbeck Tough times for Charlotte-area retail could be a silver lining if you want to open a new store. There’s a big “if” involved here...

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BofA readies plan for University site

April 17, 2009 The Charlotte Business Journal …BofA’s proposed development could be a boost for the University office market, says Andrew Jenkins, managing director of Karnes Research Co. In the first...

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University-area building going green

Source: Charlotte CPE (Click for Listing) April 21, 2008 The Charlotte Observer The new owner of a 23-year-old University Research Park building plans to renovate it to the highest level of Leadership...

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Landlords opt for flexibility

May 8, 2009 Charlotte Business Journal Charlotte landlords aren’t bending over backward just yet, but some are becoming more flexible. In a real estate market where supply is up and demand is down,...

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40 Under 40: Andrew Jenkins

40 Under 40Andrew Jenkins, managing partner of KARNES, is acknowledged by The Charlotte Business Journal as one of the region’s 40 Under 40. This program recognizes 40 individuals, under the age of 40,...

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Clouds over West Village

June 4, 2009 News and Observer On the surface, West Village has lived up to its promise. Its offices, apartments and restaurants, carved out of former Liggett & Myers Tobacco Co. factories, are...

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Orvis store coming to Phillips Place

June 16, 2009 Charlotte Observer Phillips Place has snagged a new tenant: luxury sporting goods retailer Orvis Company Store, a relative coup in a recession that will soon add a vacancy to the high-end...

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Fed offering space in Charlotte office

June 25, 2009 Charlotte Observer The Charlotte branch of the Federal Reserve Bank of Richmond is looking to become a landlord. The Fed has chosen Percival McGuire Commercial Real Estate to lease 34,000...

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Riverwalk gets a boost in deal with Rock Hill council

July 17, 2009 Charlotte Business Journal The developer of Riverwalk, a planned $600 million mix of businesses, homes and shops, has a new partner that could help get the stalled project near the...

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Meridian center in Charlotte’s University Research Park is taken back by...

July 31, 2009 Charlotte Business Journal The Meridian Corporate Center is officially out of receivership and under new ownership. The owner of the 1.9 million-square-foot University Research Park...

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Sales of office, retail and industrial property plunge in Charlotte

August 14, 2009 Charlotte Observer Two reports on Charlotte’s commercial real estate market released this week show a continued decline in demand for commercial space as employers contract and...

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Triad commercial vacancies stable in Q2

August 21, 2009 Triad Business Journal Vacancy rates for industrial, office and retail real estate in the Triad were mostly stable in the second quarter compared to the first quarter of this year,...

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Waxhaw may get new mix with a town center project

September 19, 2009 Charlotte Business Journal A Matthews developer may do something next year that has been rarely accomplished in the Charlotte area in this economy: Start construction of a mixed-use...

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Industrial sector builds despite high vacancies

Among Charlotte-area warehouses and distribution centers, vacancy rates are rising. Rents are falling. Yet two local developers are betting now is the time to build more than 300,000 square feet of new...

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