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Southwest Charlotte industrial building sold (access required)

Dalfen America Corp. has sold South Point Business Center, a 123,200-square-foot industrial building in southwest Charlotte. The facility, at 13501 South Ridge Drive, was sold to Minneapolis-based real estate investment company Founders Properties for $9.25 million. The single-tenant, fully-leased property serves ...

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N.C. senator targets consent-to-rate letters (access required)

Republican state Sen. Michael Lee of New Hanover has filed legislation that would stop property insurers from sending consent-to-rate letters to homeowners. The bill seeks to close a loophole that has forced North Carolinians to pay more for their homeowners’ ...

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