RESEARCH
Field notes.
Market commentary, deal recaps, and analysis from Charlotte, Concord, Gastonia.
01
market memo Jun 2025
South End vs. NoDa: where the spread compressed in 2025
Two years ago South End traded 80 bps tighter than NoDa. That spread closed to 25 bps in the first half of 2025. Here is what changed.
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02
market memo Apr 2025
Concord industrial: the supply pipeline is thinning faster than asking rents suggest
New development starts in the Concord / Kannapolis flex market are down 64% year over year. Asking rents do not reflect it yet — but they will.
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03
underwriting Mar 2025
The mid-market underwriting checklist nobody publishes
The 17-line spreadsheet we run on every sub-$25M trade before we agree to take it to market.
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