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No Reason Yet to Fear a Bubble, CRE Industry Pros Say

CRE valuations, costs and financing trends show healthy growth, not bubble conditions Rising property valuations, construction costs and capital market trends are heightening existing fears that the commercial real estate industry is in a bubble, but these fears are misplaced, experts say. Rising labor costs will be recouped through consumer participation in the economy, which in turns leads to continued...

Strong opportunities remain in commercial real estate this cycle

ICSC SmartBrief: Demand is exceeding construction in most commercial real estate assets, and that is providing opportunities for investors, says Jeffrey Kolitch of Baron Capital Group. There is no sign that the cycle is ending, he says. The sentiment among life-science office and lab users is positive right now, says Joel Marcus, CEO of Alexandria Real Estate Equities. As for the REIT itself, "we have...

Mooresville Connector Road Opens

A new road has opened on the northeast side of Mooresville bringing new development opportunities to a large area of rural landscape. The Connector Road completes the east-west corridor from Cornelius Road at Hwy 21 to Mazeppa Road at Hwy 115 and offers an alternative to the heavily congested Hwy 150 main route through the Town of Mooresville. There are also plans for a new interchange at Cornelius Road...

Oakdale Road project at I-485 takes shape

With a news release in the Charlotte Observer on Sunday the word is out, a new I-485 interchange is about to bring dramatic changes in an area already seeing rapid growth. The interchange under construction at Oakdale Road will include multiple Roundabouts, the latest trend in managing heavy traffic flow. Situated between two high traffic areas, Brookshire Blvd (Hwy 16) to the south and WT Harris Blvd. to...

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