Why Economic Developers Should Just Ignore Sunken Costs

As I move among economic development circles and talk with local commercial real estate colleagues, I’m sensing a new emotion among those who are working to make Charlotte grow: Envy. Even indignation. Since Charlotte lost out on the Amazon...


Rise of the Trailer Park

Tractor-trailer parking lots are becoming interesting as an investment property. I remember when truck parking was simply a gravel lot set off somewhere almost as an afterthought. But thanks to the rise of ecommerce, tractor trailer parking has...


Fannie, Freddie and Ortlip Opine on Charlotte’s Market

One thing I love about my job is the diversity of people and experiences that I have. Recently I started my day at the Copper Kettle Restaurant off of Westinghouse Boulevard meeting with a farmer about his land. Afterward, I went home to put on a...


How Charlotte's Ego Has Finally Become Bruised

While speaking as part of an expert panel at the 9th annual InterFace real estate conference this week, I was struck by the discouraged tone. It was a tone I had never really heard before from this group of experienced CRE professionals. The panel...


Why I'm Bullish on Industrial in the Carolinas

Commercial real estate investors are being warned that CRE markets will soften in the Carolinas over the next 12 months. We are already seeing signs in the low productivity malls and power centers in the areas of Raleigh, Greensboro and Charlotte....


Why We Need Economic Developers

The Charlotte Business Journal reported last week that Charlotte was purportedly one of two finalists for becoming the new home of AllianceBernstein Holding L.P., a New York finance giant. AllianceBernstein chose Nashville for its new headquarters,...


Why Camp North End, NoDa and SouthEnd are Bad for Charlotte

If you want your Amazon delivery within an hour after making it, you better live in Concord or Rock Hill. Let me explain. CNBC recently published an interesting article explaining how the average age of a U.S. warehouse is 34 years, according to a...


Charlotte Seeks to Be World Class but Will We Also Have a Seat at the UN?

Last week I attended the Foundation For the Carolinas annual meeting. I look forward to the Foundation’s annual meeting each year as it attracts thousands of Charlotte’s top leaders and never fails to provide new insight into our region. This...


7 Reasons for Why Charlotte Only Ranked 7th

I got some intel on Charlotte’s residential market, and I am surprised at how we are ranked compared to our peers. Charlotte’s long been buzzed about as having one of the hottest residential markets. Yet, data from John Burns Real Estate...


Why Charlotte Didn't Make the Cut

I’m a huge Charlotte booster and I can’t stop thinking about why Charlotte didn’t make the Amazon HQ2 shortlist. So I did some research. (See a list of interesting reading I found at the end of this blog.) According to Forbes...