Your PAC Making a Difference

A PAC is a critical tool to support candidates for public office, that also supports the commercial real estate industry.  With contributions from our members, RPAC and CRE-PAC is able to provide a voice to the industry through financial support.  A PAC is a critical tool for advocating on behalf of the commercial real estate broker.  Find out more about the PAC options at https://www.crcbr.org/advocate or to contribute.

During the November 5, 2019 election, we are proud to announce all candidates funded by RPAC and/or CRE-PAC funds, won their election.  For more election results, visit https://er.ncsbe.gov/?election_dt=11/05/2019&county_id=60&office=ALL&contest=0.

Members on the Move – November 6, 2019

Send us your News and Transactions
Did you know that the Members on the Move post is our most viewed and reaches over 1,000 CRCBR members in our Voice Highlights newsletter? We are always looking to recognize our members for their achievements. Please send any recent news or transaction information to thevoice@crcbr.org.

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Congratulations to the following CRCBR members on their recent achievements:

Cushman & Wakefield – Eric Ridlehoover
Eric Ridlehoover has joined Cushman & Wakefield as a Director on the firm’s Industrial team. Eric has more than 16 years of leasing, sales and development experience with over 1,200 leasing and sales transactions. Prior to joining Cushman & Wakefield he was Managing Director and Principal at Foundry Commercial, where he worked with the Industrial Services Group, focusing on the leasing and sales of Class A industrial facilities, tenant representation and industrial building and land sales.

Gibson Smith Realty Co. – John N. Jones
John N. Jones, principal of Gibson Smith Realty Co., represented the Seller Word of Promise Christian Fellowship, Inc. in the sale of the church located at 401 Centre Street, Charlotte, NC. The church sold to the Chin Bethel Baptist Church.

Gibson Smith Realty Co. – H.P. Smith, CCIM
H.P. Smith, CCIM, principal of Gibson Smith Realty Co., exclusively represented the owner of 725 Marine Drive, Rock Hill, SC in the 20,250 square foot single-tenant lease to a Columbia, SC-based HVAC Distribution Company. Trinity Capital-Columbia represented the tenant.

MPV Properties – Billy Thomas and Bailey Patrick Jr.
Nance Companies & MPV are pleased to announce the groundbreaking for Berkshire Business Centers #20, a new speculative office/warehouse building currently under construction at Pineville Distribution Park. The firms are co-developing the 67,000 SF building, which is located within 1.5 miles of Westinghouse Boulevard and the South Boulevard/I-485 interchange. The building will feature 28-foot clear heights, efficient column spacing, LED lighting, a sprinkler system, and ample parking for employees and trailers. Construction is scheduled to be finished in the spring of 2020, and the developers have the option to build an additional 40,000 square feet on another site within the industrial park. Billy Thomas and Bailey Patrick Jr. of MPV are leasing the building for the developers.

MPV Properties & CBRE – Clark Alcorn and Kivett Williams
MPV is pleased to announce the opening of ETF Fitness at Metropolitan in Midtown Charlotte. The new 2,720 SF gym has taken the space formally occupied by Tropical Smoothie Cafe. ETF joins other tenants including Best Buy, Trader Joes, Marshalls, Zoës Kitchen, and Hickory Tavern. Clark Alcorn with MPV Properties and Kivett Williams with CBRE represented the tenant.

MPV Properties & New Forum – Rebecca Herron and William Hodges
HTI held a grand opening and ribbon-cutting ceremony on October 24th for their new location at 2136-A Ayrsley Town Boulevard, Charlotte, NC. Rebecca Herron, MPV Properties represented the tenant and William Hodges of New Forum represented the landlord.

SVN | Percival Partners – Tom Auer
SVN | Percival Partners recently represented the landlord for Austin Village, a European-Inspired Shopping Center in Indian Trail on its latest ground lease-signing with Harris Teeter Fuel. Currently in the Charlotte Area, there are only 6 Harris Teeter Fuel Centers. Tom Auer, Advisor with SVN Percival Partners, represented the Austin Village landlord in the ground-lease agreement with Harris Teeter.

SVN | Percival Partners – Rush Dunaway
SVN | Percival Partners recently represented the Jenkins Family, owners of 231 acres of residential land on Mt. Holly Rd/Highway 901 and Pinetuck Lane, in Rock Hill. The Jenkins Family were the original founders of Putt Putt Golf. This purchase does not affect the continuing operation of Pinetuck Golf Club, which was not part of this transaction. Rush Dunaway, Senior Advisor with SVN Percival Partners, represented the Jenkins Family in the sale.

Welcome New CRCBR Members

We are proud to introduce our new association members! The following is a list of individuals who have joined CRCBR since September 18:

• Paola Alban, REALTOR®, Paola Alban Realtors
• Amanda Anaya, REALTOR®, CRE Charlotte – KW Commercial
• Tim Arnold, REALTOR®, Trinity Partners
• Joseph “Ty” Chapman, REALTOR®, Lake Norman Realty, Inc.
• John “Jay” Coleman III, REALTOR®, Northwood Office
• Geoffrey M. Curme, REALTOR®, Coldwell Banker Commercial – MECA
• Robert Epstein, REALTOR®, Paradise Realty Inc of NC
• Nicholas Funck, Corporate Associate, Ranger Construction
• Susan Hansen, Corporate Associate, Office Environments
• Nicole Hoogland, REALTOR®, Legacy Real Estate Advisors
• Faison Shaw Kuester, Public Service, Fort Mill Economic Council
• Ross Pope, Corporate Associate, KDC Real Estate Development & Investments
• Frank Sproviero, REALTOR®, One Alliance Companies

Happening on Jones Street

After more than 10 months in almost perpetual session, the General Assembly appears to be in the beginning stages of wrapping things up. Senate leadership has focused on an adjournment date of October 31, but the House leadership remains a little less clear. So, what that definitely means is that there will be more than a chance of candy and pumpkins in the halls of the legislature.

When legislators returned this week, they continued their work on their “mini budgets”. This week’s proposals focused on tax and finance proposals, including the extension of the state Historic Preservation Tax Credits and modifications to the Film Grant program.
Here is where those bills stand:

• The conference report including the extension for the Historic Restoration Tax Cuts was passed in House Bill 399 by the House and Senate Thursday and will be sent to the Governor.
• Senate Bill 578, the legislation extending and altering the Film Grant program, also passed the Senate and was sent to the House.

Legislators are expected to discuss “mini budget” proposals focused on teacher pay and other education appropriations items. They are also awaiting a decision from the three-judge panel on the required redistricting action on the state’s legislative districts. So more is on the table, especially if legislators want to stay on their adjournment schedule.

Charlotte’s Commercial Real Estate Sector Takes Center Stage at CBJ’s Heavy Hitters Awards Event

Charlotte Business Journal hosted their Heavy HItters Awards event on October 17. In addition to the Pillar Award, 30 projects that were completed or substantially completed between July 1, 2018 and June 30, 2019 across the 16-county region were selected as honorees in multiple awards categories. CBJ‘s editorial team chose projects that contribute to the local business community and considered each’s design and economic impact, among other factors.

Winners in those 11 categories were unveiled for the first time during the awards event. While CBJ has already offered a peek inside the developments that comprised this year’s slate of finalists, readers can learn more about Bertges and each of the 30 projects on Oct. 25, when profiles run in CBJ‘s print and digital editions. And a virtual tour of the 2019 Heavy Hitters on CBJ‘s website is still to come in the weeks ahead.

View winners and photos here.

Surveys Provide Opportunity to Give Feedback to Planning Staff

City of Charlotte Development Center Customer…

The City of Charlotte Development Center is committed to continuous improvement in order to be the best partner with our customers to efficiently, effectively and collaboratively build a safe and thriving community.

Read more
www.surveygizmo.com

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Charlotte Future 2040 Growth Options

Alternative Growth Scenarios show three growth patterns that could help achieve a more Authentic Equitable and Integrated Charlotte. The best parts of each can be combined to create a Preferred Growth Scenario. Los escenarios alternativos de…

Read more
publicinput.com

Charlotte Sign & Tree Ordinance Updates Approved

Last night Charlotte City Council voted to approve updates to the sign and tree ordinances. Most importantly, the updated tree ordinance allows for more flexibility for developers on urban sites in the City, which is less than 5% of Charlotte’s total developable land.

REBIC sent a letter to the Council urging their support, and would like to thank those who voted in the affirmative: Mayor Pro Tem Julie Eiselt, Councilman Braxton Winston, Councilman James Mitchell, Councilman Larken Egleston, Councilman Greg Phipps, Councilwoman LaWana Mayfield, Councilman Justin Harlow, Councilman Tariq Bokhari and Councilman Ed Driggs. We would also like to thank Mayor Vi Lyles for her leadership and ability to support council through contentious discussions in a judicious manner.

Thank you to members who personally reached out to Council Members as well!

For more information about last night’s vote and the ordinance update, click here.