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Monthly Archives: April 2015

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Business North Carolina – Eastern Region Update for March 2015

Category : Uncategorized

Of the many great business journals throughout the Carolinas, the Business North Carolina is a comprehensive statewide Journal. The Editions Briefs are listed below.

Briefs
HOPE MILLS — Principal Solar plans to build a 78.5-megawatt solar farm here by early 2016. The Dallas-based company says the $173 million project will be the largest solar operation east of the Rocky Mountains. Duke Energy Progress, a subsidiary of Charlotte-based Duke Energy, has signed a 15-year agreement to buy power generated by the project.

WILMINGTON — Global Nuclear Fuel-Americas was awarded a contract valued at more than $100 million to supply fuel to a Brownville, Neb., nuclear-power station through January 2034. Majority-owned by Fairfield, Conn.-based General Electric, GNF is a joint venture with Tokyo-based companies Hitachi and Toshiba that was formed in 2000 to manufacture fuel for nuclear reactors.

GREENVILLE — ArroGen will add 138 jobs to its existing 12 over four years at a local forensics lab. The jobs will pay an average annual salary of more than $60,000, higher than Pitt County’s $39,845. Greenville was awarded a $540,000 grant from the Golden Leaf Foundation to buy lab equipment that it will lease back to the company’s Center for Advanced Forensics DNA Analysis, which opened in 2013.

WILMINGTON — Ted Spring resigned as president of Cape Fear Community College in January after about two years in the position following questions over expense reimbursements. Amanda Lee, vice president for instructional services since 2010, was named interim president.

JACKSONVILLE — Boca Raton, Fla.-based Biotest Pharmaceuticals plans to add 50 jobs at its local plasma-collection center. Opened in February, the 15,000-square-foot center is the company’s second local site. A subsidiary of Germany-based Biotest, the company employs more than 900 people at 18 plasma-collection centers across the nation.

WILMINGTON — Wilmington International Airport will add two nonstop flights to New York. American Airlines, which already offers one daily flight to New York, added another in February, and Delta Air Lines plans to add one beginning June 5. Delta also plans to add a nonstop flight to Atlanta on May 1, increasing the total number of flights there to six.

 

Here is the link to their March 2015 Stories, Cant wait for the April edition to come out.

 


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Wilmington NC – Development News

Category : Uncategorized

ECCRE is excited to post this update courtesy of the Greater Wilmington Business Journal on our clients development update. Wilmington Commercial Real Estate Office Development Sector is set to add 20,000 more sf to the military cutoff corridor with the new build that Developer Steve Anderson has proposed.

For the article Click here.


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Wilmington NC – Investment Sales

Category : Uncategorized

Wilmington North Carolinas Commercial Real Estate sector saw a major investment purchase take place with the sale of Lumina Station. The price was north of $14.5 m after a recent sale last August on the adjoining property where ECCRE’s Nick Silivanch Represented the purchaser for $13.875 m took place. ECCRE was a consultant to the seller on the Lumina Station sale. Congrats guys!

For the Article Click here.


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Wilmington North Carolina – Development Update

Category : Uncategorized

With the Market accelerating in with development in Retail and Multifamily, its interesting to see a court take a stance on moving a development forward. That is the Case for this development in the Porters Neck MSA in Wilmington.

For the Article Click Here.