News
OFFICE LEASING DOWN BY HALF
October 27, 2011
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| Charlotte Q3 office trends were lackluster at best, according to the latest stats from Cushman & Wakefield | Thalhimer. As overall vacancy inched up ever so slightly, asking rents slipped and overall leasing was down by almost 50% from Q3 '10, CW|T?s Brad McGetrick tells us. Still, there were some high notes. Several significant buildings were completed in Q3, including a 171k SF office for the FBI near Charlotte-Douglas International Airport (so stand up straight, you never know who's watching) and a 50k SF building for Piedmont Behavior Healthcare. |
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| Here's a recent lease for you. Engineering firm ECS Carolinasmoved its Charlotte office to almost 13k SF of office/warehouse space at 1812 Center Park Drive, CW|T?s Warren Snowdon tells us. With 40 employees in Charlotte and more than 300 in 14 offices throughout the Southeast, ECS provides such services as geotechnical engineering, environmental consulting, construction materials testing, and inspection and facilities engineering. Warren repped ECS, while CBRE's Hunter Barron repped landlord CIP Real Estate. |
