By: Jessica Brown, Agency Leasing
Charlotte’s focus in agency leasing is to drive real estate performance and asset value for our investor clients by leveraging the Cushman & Wakefield platform. Through combined resources, we provide best-in-class service for our clients addressing the full life cycle of an asset and tailoring to their individual goals. Below are the top five reasons why agency leasing can drive real estate performance in the Carolinas:
MAGNET FOR MILLENNIAL – Business Insider recently ranked Charlotte as the No. 1 city for millennial growth. The 18-to-34 age bracket rose about 45 percent from 2005 to 2015 compared with a national average of 32 percent, which decreased by 7 percent.
EMERGING TECH HUB – Known for being the third largest financial center in the U.S., Charlotte is becoming a leading center for startup innovation. Since 2011, Charlotte ranked as the No. 1 city in job growth in the tech industry with a 77 percent increase.
UNEMPLOYMENT AT AN ALL TIME LOW – At of the end of Q3 2017, Charlotte had added just under 17,000 new jobs. This incredible job growth has pushed the unemployment rate to an all-time low of 3.8 percent.
ACCESSIBILITY & TRANSPORTATION – Ranked as the most competitive large-size airport, Charlotte Douglas International Airport is the 11th largest airport in the nation and 32nd largest worldwide. In 2016, 44.4 million passengers traveled through Charlotte.
SURGING CENTER CITY – A robust growth rate of 6.5 percent year-over-year and a healthy pipeline of new deliveries along with new construction has demonstrated the continued demand for Class A office space.
Jessica is one of the Charlotte region’s top commercial real estate executives having represented clients such as Goldman Sachs and Cousins Properties, and properties such as South Tryon Square, Charlotte Plaza, and Fifth Third Center. Focused on client value, Jessica executes clients’ goals whether positioning of existing assets, mixed-use development, or adaptive re-use among others.