Not a bird, not a plane, it’s a crane: Rents rise amid record construction

The market is poised for a strong fourth quarter, with 1.6 million square feet of construction completed and an additional 1.9 million square feet in the pipeline. Leasing activity continues to flourish in Charlotte’s urban submarkets; Midtown/South End and Uptown are both reporting 92,000+ square feet of net absorption and a vacancy rate of 9.7 percent, all while adding over 600,000 square feet of new inventory.

Learn More