Colonial Properties Trust said it has purchased the Colonial Grand apartment complex in Cornelius for $23.4 million. In a press release, the Birmingham, Ala., real estate investment trust said the 236-unit Class A apartment community is in the “high-end submarket of Cornelius near Lake ...Read More »
The Charlotte Mecklenburg Coalition for Housing. The Charlotte Regional Visitors Authority. The Residential Rental Property Review Board. Those are among 19 boards, committees and other panels with vacancies that the Charlotte City Council will make nominations for April 11. The positions ...Read More »
Cincinnati-based Total Quality Logistics announced last month that it has opened a satellite sales office in Charlotte and plans to hire 75 employees through 2012. The 75 employees are on top of 18 who already work in the SouthPark office, according ...Read More »
They’re two of the biggest buildings — and competitors — in Charlotte. NASCAR Plaza and Ally Center were built in the same year, 2009, and the two uptown properties contain a total of 755,000 square feet of office and retail ...Read More »
The CEO of Beazer Homes will pay $6.5 million to reimburse the company for bonuses and stock profits he received while the company was committing accounting fraud, the Securities and Exchange Commission said. The SEC said a settlement was reached Thursday with Ian ...Read More »
CHARLOTTE — With the American labor movement newly energized by its most serious threat in years, the Democratic Party’s decision to hold its 2012 convention in the least union-friendly state is causing friction with a key constituency. The Democratic National ...Read More »
Mecklenburg County foreclosure cases rose 107 percent in February from the same month last year, according to the North Carolina Administrative Office of the Courts. There were 1,943 cases, up from 937. February foreclosure cases were also up from January, when there were 1,850. That’s a ...
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Charlotte-based Piedmont Natural Gas today said Jerry Amos is retiring from its board of directors. Amos has been a member of the board since 1978. Starting in 1964, Amos began representing Piedmont as outside counsel. He became the company’s general counsel ...
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A day after turning down a buyout offer, Family Dollar Stores said today it has aligned itself with Fort Worth, Texas-based Marketing Management to grow its private-brand business. Under the deal, MMI will help Family Dollar with private-brand sourcing, product ...
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