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Impact of Charlotte's construction pause varies across property types

Industrial, multifamily groundbreakings still outpace pre-pandemic trends
CoStar Analytics
September 5, 2024 | 2:44 P.M.

Higher construction costs, a tighter lending environment and an uncertain outlook on supply and demand have largely put commercial real estate construction on hold in Charlotte, North Carolina. Some property types, however, are still beating out their pre-pandemic trends.

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