lancer22
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Posts posted by lancer22
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21 minutes ago, SydneyCarton said:
JP Morgan is about to start a $4b 1,400' new HQ tower on Park Ave. Personally, I think that's crazy. They could build the same thing in the QC for $500-$750m. They should move here now and maximize the shareholder's value.
On a side note, this is one of the coolest construction projects in the world. They literally have to disassemble the current building because they can't demolish it.
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58 minutes ago, ricky_davis_fan_21 said:
Multi Family by Pollack Shores.
Of all the apartment deals I've seen, this is definitely one of them
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Keep an eye on this one over the next couple weeks
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51 minutes ago, Prodev said:
It's only about 0.7 acres of usable land, so whatever is built will either be small or very expensive, so the price seems in line with market to me.
This must be it. A bunch is unusable. Meant $1.8M/acre
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Sale price is incredibly low for a parcel of this profile. Just about any piece of somewhat clean dirt is going for $5M+ per acre in South End. How does this sell for $1.8M lol?
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17 hours ago, QClifer said:
When will uptown get its first helipad on a building? 20yrs? If the green new deal doesn’t pass that is
Came very very close on one of the relocations
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17 minutes ago, Blakcatfan said:
Not sure the best place to put this topic, but with US Bank financing the Pedestrian Bridge over the freeway, what are the odds they're looking at a South End location for a new tower to anchor? They have a 6 year lease remaining at Hearst, but are cramped for space, and cannot expand within the building. I read the speculation on UP of a N. Tryon location, but what about them potentially adding to the growth of South End and bridging Uptown and South End both physically (the bridge) and visually (the skyline).
I've not heard anything, just like to speculate.
Would be very surprised. For better or worse banks are prestige tenants that like to be in the CBD.
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All I'm saying is that we are far from done this year when it comes to large corporate relocation announcements
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44 minutes ago, J-Rob said:Was this the announcement retracted from UP a few weeks back, or was the retraction unrelated?
Oh this is peanuts compared to the retraction
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1 minute ago, Miesian Corners said:
Anyone know why the third floor of Deloitte is so much smaller (shorter in height) than the others? Is it mechanical?
Could very well be mechanical above the lobby but tough to tell
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4 minutes ago, KJHburg said:from a subscriber article from Business Journal
""A fiber bandwidth company has signed a deal in Ballantyne Corporate Park as part of a headquarters relocation to Charlotte. Segra, the rebranded name of the merged Spirit Communications and Lumos Networks Corp., has signed on to lease about 30,000 square feet at the Woodward Building, at 11215 North Community House Road,"" they were previously based in Columbia
Don't know if it mentions in the article but that should be over 100 people
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41 minutes ago, tarhoosier said:
Question/poll: which would you rather have in plain sight
1. 100 foot wireless communications tower and antennae
2. Poles+wires criss-crossing at 25 feet
They are burying the power lines, right?
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44 minutes ago, Vitamin_N said:
Just happened to read this. I had no idea the negative interest rates were spreading beyond sovereign debt:
It is not just governments that can borrow at negative yields. Siemens AG, a German corporation, recently sold $3.9 billion worth of bonds at an average -0.3% and the offering was oversubscribed. Some investors (pension funds) were disappointed they couldn’t buy. Danish banks are selling home mortgages at a -0.5% interest rate. You read that right; they are paying homeowners to borrow money.
This may be a stupid question but why in the world would people do this? Why not just stay in cash.
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4 minutes ago, kermit said:
More Mcullough apartments. Looks like hardiplank lap siding (it’s thin looking)
That looks awful
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People have been talking to Sycamore for years. They are a stubborn group.
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9 minutes ago, kermit said:
It’s quite a charming deck [should be in blue text. Has Crescent ever not disappointed?]
*Borat voice*
Not
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28 minutes ago, JRNYP2C said:
Are our expectations that high on this project? I expect this thing to sit idle for at least another year with extremely little or no movement. Levine will probably wait for the economic downturn to feign some sort of sob story about how he won't be able to make any updates.
It is so sad that a city that is growing in leaps and bounds is still held hostage by this scam artist.
The scary thing is that it is freaking easy to build a parking deck. Like how tf does this happen?
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No mas politics por favor
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1 hour ago, Matthew.Brendan said:
Yes because the leaders of the most profitable company in the world make their business decisions based on where they went to school.
Most people would be shocked if they knew the real rationale behind a significant number of corporate relocation choices. For reference, several Charlotte office locations have been selected because of the CEO's office having nicer views, the C Suite being guaranteed membership into various country clubs etc.
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36 minutes ago, A2. said:
I am definitely not a Tim Cook fan, He did his undergrad at Auburn, so essentially he is associated with the devil as far as I’m concerned. Roll Tide!
(I went to Bama, so it’s my job to hate all things Auburn. Including tech tycoons like Tim. Ha! That said if he wants to unload Apples piggy bank in N.C, I would not be mad. Rant over, carry on!
)
A2
rawl todd
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4 minutes ago, QClifer said:
When Will us little guys get this news? In the next week, month?
Bout 1.5 months
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Deleted because I got yelled at
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24 minutes ago, KJHburg said:
Here is Highwoods press release they are leaving 2 markets Greensboro and Memphis and entering Charlotte. I have always wondered why they were not in Charlotte as they are active in Nashville, Atlanta, and all our peer cities but not Charlotte. Why would you not want to be in a fast growing market with lots of opportunities. They have been mainly suburban in nature in their holdings but that seems to be changing to more urban locations and I do think that was why Brian Leary was hired. They have made some purchases in downtown Raleigh and have a site for high rise tower.
http://www.snl.com/Cache/1500123179.PDF?O=PDF&T=&Y=&D=&FID=1500123179&iid=103169
I would look for more purchases of towers and possibly at Legacy maybe the Honeywell Tower?
Definitely. Next building to trade will be Toringdon. After that RailYard and probably Refinery.
Also Truist is def going to pull the trigger on Hearst
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22 minutes ago, KJHburg said:
Brian Leary now of Highwoods formerly of Crescent must have loved it LOL
In all seriousness this may have been the motivating factor. First Highwoods acquisition in Charlotte.
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Plaza-Midwood Projects (Central, Commonwealth, The Plaza)
in Charlotte
Posted
Whoever buys this (Crescent/Edens or Crescent/Asana) is going to scrape this whole thing, put up their retailers of choice, about 400 apartment units, parking deck, and maybe some creative office. No way this thing can support a large office development - ingress/egress is a nightmare.