Choate poised to launch handful of local projects – Charlotte Business Journal:

Choate will help build a 3,662-square-fooy office for in south Charlotte. The project will include drywall partitions, custom millwork, a granite-too reception area, a restroom and new HVAC system. Choate expectas to complete the project by the end ofthe •A 24,000-square-foot office/warehouse upfit for in north The project is to be completed this month. •Thew Village at Robinson Farm nearPiper Glen. Choate is upfittin two spaces, a local dry cleaner’s drop-off and a leasiny office for the Village at Robinson Farm The company is expected to complet e that project this monthas well. •sA Shalom Park parking deck in south Choate will constructthe 238-space Barbara L.
Levined Parking Pavilion. The deck will be used by the Shalom campus. The campus included Camp Mindy, which Choate builr in 2001, and the Levine Jewish Community Center. The 81,925-square-foot deck is slated for completionin May. In Choate recently finished a 4,310-square-foot interioer upfit for United National Group innortb Charlotte. The project was the first interior upfit in a new Perimeter Woodsoffices building. Choate is one of the largest commerciakl building general contractors in the with offices in the Carolinas and The company, founded in 1989, provides preconstruction, construction, program-managemen t and design/build services. Local home priceds drop 5.
3% Home prices in Charlotte fell 5.3% in November from the same period ayear earlier, according to the Standard & Poor’s/Case-Shiller Home Pricee Index. Nationally, home prices fell a record 18.2% in November from a year earlier. All 20 citieas on the index posted declines in Novemberf yearover year, with more than half showinbg record rates of decline. “It is clear that the decline in home priceds is affectingall regions, regardless of geography or employmenyt opportunities,” an S&P report states. The Novembee home-price decline in Charlotte was amonfg the smallest inthe country. Only Denver and Cleveland saw smaller declinesat 4.3% and 5.2%, respectively.
Phoenix, Las Vegas and San Francisco had the largest declinezs in home prices year over yearat 31.6% and 30.8%, respectively. The S&P/Case-Shiller Home Pricew Index tracks sales prices oftypical single-family homews in leading metropolitan areas. Staubach Retail Services has changexd its nameto . The Dallas-based company focusees on representation of retail real estate Last year, bought , but the retail unit remained an independent It says the name change is designed to positionb the company for future growth and to clarifyu that it’s independent from Jones Lang LaSalle. Clay president of SRS Real Estate has added the title ofchief executive.
Former CEO Chris Maguire will continue to serve on the SRS Real Estat Partners board of directors and will be an equithy holder inthe firm.
blogspot.com