LENOIR, NC-New York developers have bought the former 38-acre Miller Hill complex located northwest of Charlotte from Singer Furniture Co. for an undisclosed price. A manufacturing/distribution center is planned for the site.
CHARLOTTE-Online firms team to offer fast-track commercial property sales and loan closings through an innovative turnkey concept. Offline brokers are expected to benefit as well by plugging into more advantageous deals for their clients. MortgageRamp is a fully-owned subsidiary of General Motors Acceptance Corp.
CHARLOTTE-After testing positively in market studies, Cambridge Partners is changing the name of its $500 million, 180-acre Cambridge Beltway Park development to Ayrsley.
HUNTERSVILLE, NC-If town commissioners approve their proposal, local developers Tom Waters and George Maloomian will move forward with plans to build Carrington Ridge, a planned 446-home community here on a former dairy farm. The project envisions 327 single-family units and 119 townhomes.
CHARLOTTE-City and Mecklenburg County officials are mailing 200 letters to national developers, hoping to interest them in working on the area's Center City 2010 Vision Plan for a revitalized uptown.
CHARLOTTE-Stiles Corp. of Fort Lauderdale has opened a regional construction office at State Road 485 and Tryon Road. The South Florida firm has completed over 250,000 sf of new construction here during the past year.