Theyve done it again—in addition to the 14 acre Mission Bay Campus being built in 2013—it appears Salesforce.com, Inc. needs additional space to house all of its employees and peripherals. The company just signed a $339M lease at 50 Fremont Street for 18 years; the city’s longest term in the last 10 years. The big move is scheduled for this summer. This will certainly be a boon for the neighborhood, adjoining businesses and stimulate growth in our city.
Low mortgage rates are holding on today despite the released jobs report which showed that the unemployment rate for December dropped to 8.5% which is the lowest level in three years. Although this is good news, investors are still worried about European banks and their financial issues.
Conforming mortgages rates have continued to remain consistently low this first week of another year. Current 30 year fixed mortgage rates are at 3.500% and 15 year fixed mortgage interest rates are at 2.875%. 5/1 ARM loan rates are at 2.250%. Having good credit will allow borrowers to obtain these lowest mortgage rates with 0.7 to 1% origination point. Additional documentation for employment and assets are also necessary in order to receive lender approval. As home prices continue to be low, consumers who are interested in becoming homeowners are looking at the best opportunity for affordable housing.
In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project — to receive future In the Pipeline columns by e-mail.
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Commercial Construction Finishing 2011 On a Stronger Note
Private nonresidential construction spending rose 4.5% in November compared to the same period last year, with solid gains across all sectors led by boost in manufacturing projects, according to new Commerce Department data. Get more info…
“Detroit Knows Cars” automobile fine art show is making its premiere in Detroit! The exhibit will open January 7 at 6 p.m. in the Chase Tower Building lobby (611 Woodward Avenue). This free fine art show features members of the Automotive Fine Art Society and artists who have exhibited at Concours d’Elegance, the finest classic and collector car events in the country.
Focusing on the aesthetics, beauty, and significance of automobiles, these collective works illustrate many different art styles and techniques including painting, photography, and sculpture. The exhibit will be open from January 7 until January 28 from 6:00 a.m. to 6:00 p.m. and coincides with the North American International Auto Show, which opens to the public at Detroit’s Cobo Center on January 14.
Why do we write about Detroit? We belie
From all of us at Talk Charlotte Real Estate, a very Happy Hanukkah, Merry Christmas, and Happy New Year to you all!
We absolutely love living in Charlotte and the holiday season is an especially wonderful time here. The weather is mild, the holiday decorations are beautiful, we can enjoy the symphony, ice skating, and First Night celebrations. Plus, Charlotte Douglas Airport makes it easy for friends and family to spend the holidays with us. This is such a great time of year to remember all the things we are thankful for and any reason we have to be happy.
We hope you enjoy the holidays in Charlotte or wherever you may be. And very best wishes in 2012!
Hanley Wood Home Plans/AP
A combination of architectural details makes this design elegant and eye-catching: keystone arches, a two-story bay with a copper roof, and a recessed entry framed by stone.
A two-story floor plan with 2,851 square feet of living space also offers an unfinished basement with another 1,592 square feet for expansion.
A formal living room with a fireplace and a dining room with a bay window flank the vaulted foyer.
The family room sits to the rear near the island kitchen and breakfast bay. Double doors lead from the bay to a deck.
A Debt Negotiation Attorney can help consumers who are stuck in financial problems. The services of such an Attorney can be obtained by contacting an agency or the Attorney directly. If a person is having severe issues regarding bad Credit History or financial breakdown, then the help of an Attorney can be taken. Such an Attorney provides knowledge of law and rules about a certain situation.
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