While values slowed during 2007 across the US, ONLY three (3) markets finished the year in the positive: Portland, Seattle and CHARLOTTE. Charlotte was the best with a 2.3% increase, the highest in the US. Charlotte did also finish the year on a strong trending note as fourth (4th) quarter of 2006 to fourth (4th)quarter of 2007 actually showed a six (6%) percent rise.
Charlotte's economy stays strong and the commercial building and growth is phenomenal. Class A Office Space is being built as fast as developers can build it and it is virtually all pre-leased before being finished.
The Bio-Tech Center development continues on schedule and the accolades are already coming for this development that is already becoming Nationally and Internationally recognized for it's importance in the Scientific community.
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