News
BTS is the Future for Office Development
April 12, 2012
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| The relative health of the Charlotte office market doesn't mean that office buildings will be sprouting like dandelions any time soon (perhaps more like the occasional azalea), though there are a few out-of-ground projects under way, such as the Bank of North Carolina's Southern Region HQ in South Park. No skin yet, but lots of steel. | ||
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| ?We fully expect owner-occupied and build-to-suit projects to continue to dominate the commercial market in Charlotte for the next few years," J.D. Goodrum partner Jamie Yoxtheimer tells us. (He's the the Bank of North Carolina project manager.) Those are the office deals that are being financed, developed, and constructed. As it happens, the Bank of North Carolina project wasn't build-to-suit, but rather an invited select-bid project that the bank is developing for itself, with Goodrum as the GC. | ||
