Office vacancies in Charlotte vary by location
Uptown offices are 21% vacant, but that's less than in Ballantyne, near the airport and other locations
The following article appeared in the Jan. 31, 2024, edition of The Charlotte Ledger, an e-newsletter with smart and original local news for Charlotte. We offer free and paid subscription plans. More info here.
Empty office buildings: They’re not just in uptown, report says
Office vacancies in Charlotte have surged in the last couple years, to 23%, according to a new report from real estate company CBRE.
Although uptown receives most of the attention, office vacancies are a phenomenon throughout Charlotte (and, indeed, the country). It is a widespread problem. Uptown actually has a lower vacancy rate (21%) than the city average (23%), CBRE says.
Here’s the breakdown of office vacancies by area of town, according to CBRE:
Keep reading with a 7-day free trial
Subscribe to The Charlotte Ledger to keep reading this post and get 7 days of free access to the full post archives.