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Swiss company putting North American headquarters in Charlotte (access required)

CHARLOTTE – Huber+Suhner, an electronic and optimal connection manufacturer based in Switzerland, plans to spend more than $3 million to establish its North American headquarters in the Queen City, according to a news release from the company. Huber+Suhner serves customers ...

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Michelin leases Beacon Partners property (access required)

CHARLOTTE – Michelin North America Inc. has leased a 345,545-square-foot distribution facility in Twin Lakes Business Park, a 500-acre, master-planned park in North Charlotte. The 9801 Twin Lakes Parkway building, built on 20 acres off Statesville Road near Interstates 77 ...

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Multi Housing Advisors handles sale of Chapel Hill apartments (access required)

CHARLOTTE – Apartment-brokerage company Multi Housing Advisors has brokered the $22.3 million sale of Foxcroft Apartments, a 248-unit community in Chapel Hill. Managing Partner Marc Robinson and Jordan McCarley, both based in MHA’s Charlotte office, represented the seller, Douhit & ...

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Investors still buying up single-family homes (access required)

The Charlotte metro area continues to be a hotbed of institutional investor homebuying, according to a report released Thursday by RealtyTrac. Among the 50 metro areas with populations of 1 million or more, Charlotte in September ranked 5th in the rate homes bought by institutional investors, at 17 percent. The only regions with a higher rate were Atlanta, Las Vegas, St. Louis and Jacksonville, Fla., which ranged from 23 percent to 29 percent. Close behind Charlotte were Memphis, Tenn., Richmond, Va., Dallas and San Antonio, Texas.

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