Friday, February 08, 2008

Commercial Real Estate in North Carolina

How do you gage an economy? A good means to gage the Charlotte North Carolina Real Estate market is to study the commercial real estate. Charlotte Real Estate is growing at an exponential rate as noted in the time frame and distanaces between various commercial developments. Take a look at South Charlotte Real Estate. The growht began 15 years ago at the Arboretum Shopping center. Seven years later, the Promenade opened 4 miles down the road. In the past 5 to seven years the Real Estate in South Charlotte is growing at a phenomianl rate. Trader jacks opened on Rea rd at Piper Glen. Two miles down the road is Stone Crest at Piper Glen with Target and a wide variety of affluent shoping opportunities. Two miles to the west is Ballantyne and two miles further west is the Carolina Place Mall. Travel south on Rea rd and in two miles you find the Blakeney shops. This is at the intersection of Ardrey Kell and Rea Rd. In the past 2 years the northwest and southwest corners of the intersection are near completion. The southeast corner has a new Charlotte Apartment subdivision that is due to open. The northeast corner of this intersection is now being developed for additional commercial Charlotte Real Estate.

There is a another new commercial Real Estate development 2 miles west on Ardrey Kell that began opening in 2008. There is a new Peak Fitness Center, an activity center, a Charlotte Recreational Park, a Harris Teeter, a new Elementary School in addition to many other stores and shops.

This is a great gage for the Charlotte North Carolina Real Estate economy. Charlotte Homes continue to thrive and the demand for Charlotte Real Estate wins the popularity nation wide. Hold on tight because Charlotte Real Estate will grow and continue being the location of choice.