Charlotte, North Carolina is located in the middle of the United States’ eastern seaboard and is accessible to 60% of the U.S. population within two hours by air. Charlotte is the largest city in North Carolina and the 17th largest city in the United States with a population exceeding 800,000. The ten county Charlotte Metropolitan statistical area (MSA) is centrally located in the overall Carolinas and includes several South Carolina counties. The total MSA population consists of nearly 2.4 million people, establishing the MSA as the 22nd largest metropolitan area in the United States. Over the past 25 years, Charlotte has experienced a tremendous amount of growth, and the area consistently ranks high for its high quality of life, career opportunities, and dynamic economy. The Charlotte metropolitan region, with a balanced economy, an attractive quality of life, a top international airport, and a significant concentration of corporate headquarters, is poised for high growth in the coming years as it positions itself as one of the primary markets on the east coast.
The Charlotte Commercial Real Estate Market
The Charlotte office market is recognized for its strength in both its CBD and suburban submarkets. Since the recession, office development has come back at steady, yet manageable pace. This has allowed for tenant demand to keep up with the city’s growth, while availability in the market continues to tighten. The Charlotte office market currently consists of over 100 million square feet.
The Charlotte industrial market continues to grow due to the city’s growing population, bolstering economy, and expansive transportation network. Charlotte’s reputation of low shipping expense attracts more industrial users to the area every year. A remarkable airport, well designed highway layout, and a growing rail system with port access will keep demand for industrial space healthy. The Charlotte industrial market currently consists of 180 million square feet.
For a searchable list of our Charlotte staff, please visit the People Finder page of C&W’s Global Website.