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So far Charlotte has created 78 blog entries.

Cushman & Wakefield Secures Sale of 1-Acre Land Parcel

Prime Corner Site Located in Charlotte’s SouthPark Submarket Cushman & Wakefield has arranged the sale of 22,000-square-foot office building on a 1-acre land parcel at 6200 Fairview Road in Charlotte, North Carolina’s SouthPark submarket. Rob Cochran, Jared Londry and Nolan Ashton of Cushman & Wakefield represented the seller, Bridge Investment Group, in the transaction. BC-Fairview, LLC acquired the site. The site is leased to Bank of America and is located at the heavily traveled intersection of Fairview Road and Barclay Downs Road. The tenant has been operating at this site since 1966. “Given its location directly across the street from the SouthPark Mall and the tenant’s credit, this opportunity attracted a large group of investors looking for a combination of a secure short-term yield and long-term value in this well-located site,” Cochran said. About Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm [...]

2019-04-04T14:55:49-04:00April 8th, 2019|In the News, Press Release|

Cushman & Wakefield Fully Pre-Leases 41,697 SF at 150 Providence

Undisclosed Company to Occupy First and Second Floors, Bringing Building to 100% Pre-Leased CHARLOTTE, North Carolina, March 28, 2019 – Cushman & Wakefield has arranged a 26,479-square-foot lease for two floors at 150 Providence, a new 41,697-square-foot boutique office building in Myers Park. Jessica Brown and David Dorsch of Cushman & Wakefield represented the landlord, Bucci Development, in the lease negotiations and Jubal Early of Lincoln Harris represented the tenant. “We are extremely delighted to have this building 100% pre-leased and to have two top-tier tenants in their respective businesses,” said Brian Bucci, landlord and owner. “We are long term investors and developers and these are long term businesses wanting to contribute to the Charlotte business community.” As announced last summer, American Security Mortgage will occupy the entire third floor comprising 15,218 square feet. Construction is scheduled to be completed in March 2020 with Edifice as the contractor. BB+M is [...]

2019-04-01T14:22:53-04:00April 2nd, 2019|In the News|

Brokers Honored by Charlotte Region Commercial Board of Realtors

Several brokers from Cushman & Wakefield’s Charlotte office were recently honored by the Charlotte Region Commercial Board of Realtors (CRCBR). The CRCBR Deal Makers Awards Program recognizes brokers and developers who have accumulated sales transactions of over $2 million. The company took the top honors for Office Top Producer, with Keith Bell at No. 1 and John Christenbury at No. 2, as well as Industrial Top Producer, Mike Kemmet, at No. 1. The firm also had two winners in Investment Top Producer, with Marc Robinson and Jordan McCarley tied at No. 3. Top brokers are recognized in the categories of office, industrial, retail, land sales, and investment. The firm had several brokers recognized at the Platinum level with sales over $15 million. These include Nolan Ashton, Keith Bell, John Christenbury, Rob Cochran, Mike Kemmet, Jared Londry, Marc Robinson, and Jordan McCarley. Additionally, Zach McLaren was recognized at the Silver level [...]

2019-03-29T11:41:00-04:00March 29th, 2019|In the News|

Cushman & Wakefield Arranges $14.4M Sale for Tribute Properties

North Carolina Apartment Community Sells for $94,736 Per Unit CHARLOTTE, North Carolina, March 21, 2019 – Cushman & Wakefield has arranged the $14.4 million sale of Deerbrook, a 152-unit apartment community located in Wilmington, North Carolina. Watson Bryant, Jordan McCarley and Paul Marley of Cushman & Wakefield represented Tribute Properties, the seller in the transaction. Cohen Investment Group acquired the property. “The Deerbrook transaction is a great example of our company buying value-add multifamily real estate below replacement cost,” said Hugh D. Cohen, President of Cohen Investment Group. “Adding this property to our growing portfolio is exciting on various levels including our entrance into the Wilmington market. Each acquisition we do possesses its own individual business plan, and we plan on capitalizing on ours quickly.” Built in 1999, Deerbrook features a clubhouse and swimming pool with an outdoor kitchen and sundeck. It offers a diverse unit mix with vaulted-ceiling, loft [...]

2019-03-21T13:39:20-04:00March 21st, 2019|In the News|

Cushman & Wakefield Arranges $4.8M Warehouse Sale for RBrothers

Industrial Building Offers Unique Location Near Charlotte CBD CHARLOTTE, North Carolina, March 18, 2019 – Cushman & Wakefield has arranged the $4.8 million sale of a 120,250-square-foot warehouse building located at 5639 Brookshire Boulevard on behalf of RBrothers. Nolan Ashton, Rob Cochran, and Patrick McGrath of Cushman & Wakefield represented the seller in the transaction. NV, LLC, acquired the property. “Investor demand for well-located industrial assets in Charlotte remains robust, and 5639 Brookshire Boulevard is uniquely positioned minutes from the Charlotte CBD and offers convenient access to all major interstates,” Ashton said. “The market fundamentals for in-town industrial assets continue to improve as more buildings in the urban core of Charlotte are demolished or converted to alternative uses, resulting in a landlord’s market with diminishing supply and rising rates.” The building is fully leased to The Romanoff Group, Citadel Trading and VPX, and is positioned on 6.04 acres of I-2 [...]

2019-03-20T09:32:19-04:00March 20th, 2019|In the News|

Welcome Jerry Gronske!

Please join us in welcoming Jerry Gronske as Cushman & Wakefield’s newest Carolina's PDS team member! Jerry joins our team as Project Management Director and will focus on growing his existing relationships, developing new ones and helping our clients plan and execute successful projects. He is highly experienced with over  26-years leading real estate construction, business expansion, reorganization, and relocation projects. As President of Gronske & Associates for the last 14-years in California, Jerry successfully managed diverse teams of business executives, building owners, design, construction, and relocation companies. His track record of success lies in his ability to plan, organize, communicate, and bring together diverse constituencies to achieve common goals. Jerry has strong leadership qualities and a passion for business.

2019-03-21T13:44:02-04:00February 5th, 2019|In the News|

Cushman & Wakefield Selected by Artesia Real Estate to Lease, Project Manage and Property Manage General Assembly

125,000 SF Adaptive Reuse Development Includes Office and Retail Space  CHARLOTTE, North Carolina, January 22, 2019 – Cushman & Wakefield has been selected by Artesia Real Estate to lead the redevelopment, lease and property management of General Assembly, a 125,000 square-foot adaptive reuse project located in Charlotte, North Carolina.   “General Assembly promises to be a catalytic development project along the North Tryon corridor and Artesia is excited to lead the transformation of the property into a creative office and retail destination,” said Colin Brothers, Founder, Managing Principal at Artesia. “The City of Charlotte has identified this area as an opportunity corridor and we couldn’t agree more. With its close proximity to Uptown, breweries and restaurants and ideal location across from light rail, we hope General Assembly will be a part of North Tryon’s evolution into a thriving commercial district. We are proud to be working with Cushman & Wakefield and RedLine Design to bring this project to life.”   Kris Westmoreland will oversee leasing, and Josh Hammer, on the Asset Services team lead by Wendy Monroe, will serve as the property manager. Additionally, the owner has [...]

2019-01-22T10:37:41-04:00January 22nd, 2019|In the News|

Katten, Cushman & Wakefield to Host Industry Veterans at 12th Annual Outlook on the Commercial Real Estate Market

(Charlotte, N.C.) – Katten Muchin Rosenman LLP and Cushman & Wakefield announced today that it will host eight industry specialists for its 12th Annual Outlook on the Commercial Real Estate Market. The free, invitation-only event is Thursday, January 10 in uptown Charlotte. “Each year we look forward to offering the Charlotte business community an opportunity to discuss real estate trends and issues facing the industry in the coming year,” said Dan Huffenus, event host and Katten’s Charlotte Managing Partner and Real Estate Practice Head. “This year, for the first time, we will hear from a variety of industry leaders to get a broader perspective of what’s impacting the market across multiple areas including office, multi-family, retail and industrial developments.” Revathi Greenwood and David Smith from Cushman & Wakefield will be the keynote speakers for the event. Greenwood will also be joined for a panel discussion by several of the region’s [...]

2019-01-09T16:48:46-04:00January 9th, 2019|In the News|

Cushman & Wakefield Completes $39M Sale of CompuCom World Headquarters for The Keith Corporation and MPV Properties

Headquarters Building Houses Largest Employee Computer Tech Workforce in North America CHARLOTTE, North Carolina, Jan. 3, 2019 – Cushman & Wakefield’s Charlotte Capital Markets team has arranged the $39 million sale of CompuCom’s World Headquarters, a 150,000-square-foot building located in Fort Mill, South Carolina. Rob Cochran, Jared Londry and Nolan Ashton of Cushman & Wakefield represented the seller, The Keith Corporation and MPV Properties, in the transaction. The property was acquired by Capital Square 1031, a sponsor of Delaware statutory trust offerings, which was represented by Matt Bear of Bear Real Estate Advisors. The three-story building is fully leased to CompuCom Systems, a wholly owned subsidiary of Office Depot, through 2032. The 19.4-acre site is located in Bailes Ridge Corporate Park on U.S. Highway 160, near U.S. Highway 521, and just south of Ballantyne, a neighborhood in Charlotte, North Carolina. The building, completed in 2018, is the first in the [...]

2019-01-04T10:03:18-04:00January 4th, 2019|In the News|

Cushman & Wakefield Arranges $30.3M, 388-unit Multifamily Portfolio Sale

CHARLOTTE, North Carolina, December 6, 2018 – Cushman & Wakefield has arranged three multifamily sales in Rock Hill, South Carolina, for a total of $30.3 million. Watson Bryant, Paul Marley and Brooks Colquitt represented the sellers in the transactions. New Jersey-based property owner FriedLam Partners acquired the properties. “We are excited to expand our Charlotte portfolio with these solid value-add assets in Rock Hill,” said Nathan Friedman, Principal of FriedLam Partners. “We look forward to making improvements to the properties.” The Gramercy and The Fields Riverview were sold by Varden Capital Partners and Elite Street Capital, respectively. They are exceptionally located due to their proximity to the booming I-77 corridor, making the properties commuter-friendly to Charlotte. The third property, Willow Glen, was also sold by Varden Capital Partners and features large townhome layouts. It is near the Knowledge Park development site, which will feature office space, restaurants, breweries and retail [...]

2018-12-11T11:12:49-04:00December 11th, 2018|In the News|