More than two weeks after officials in this county learned that Cato Corp. might buy 260 undeveloped acres near Knights Stadium, the wait goes on for the deal to be sealed. And county officials are paying close attention to how it will play out.Read More »
Commercial Real Estate
When it comes to finding a new church building, Stanley Pettice and the congregation of Kingdom Harvest Bible Way Church have been blessed with lots of options. Pettice, the church’s pastor, said Kingdom Harvest has been housed in rented space at 2208 W. Morehead St. since it sold its former home at 401 Centre St. two years ago when the congregation got too big.
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In a $39.5 million deal, Beacon sold the buildings, spread across four office parks, to Chevy Chase, Md.-based Artemis Real Estate Partners. All told, Artemis bought roughly 500,000 square feet.Read More »
Where’s Moses when you need him? St. Martin’s Episcopal Church could certainly have used a parting of the waters over the years. The Very Rev. Murdock Smith said the church, in Charlotte’s Elizabeth neighborhood, has flooded at least four times since he joined the parish in 1999.
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Joe Douglas hoped it was an April Fools’ Day prank. It wasn’t. On April 1, Douglas, owner of Dilworth restaurant 131 Main, learned that his East Boulevard eatery had been almost totally destroyed by fire. And his run of bad luck would only continue.Read More »