Charlotte Commercial Real Estate Whispers — Jan. 6, 2025

Could SouthPark be gaining a new office tower?; 2 more older office buildings sell for cheap; Crescent sells pieces of River District to homebuilders; New 'down-zoning' law; LoSo parcels sold

Step into the seductive new edition of Charlotte Commercial Real Estate Whispers, where the city’s hottest land deals, rezonings, and developments are fully unveiled. Brace yourself for heart-pounding revelations from Charlotte’s real estate world, where every transaction is an enticing secret and every disclosure an irresistible thrill.

SouthPark is abuzz about the sale of old buildings next to Steak 48 to a global insurance company; recently rezoned for 225-foot office tower, site includes Baku

A national insurance company headquartered in Charlotte’s SouthPark area has bought a prime piece of real estate on Sharon Road across from the main entrance to SouthPark Mall. Could it be for a new headquarters building?

That’s some of the talk around SouthPark, with the purchase by Amwins of a 2.3 acre site known as Sharon Station that contains five vacant two-story buildings plus the upscale Asian restaurant Baku.

Would there be another reason for an insurance company to buy a series of empty buildings that date to the late 1970s?