Business

David Jackson, 'Voice of the Mountaineers,' resigns after 16 seasons

April 19, 2016

(Winston-Salem Journal)

David Jackson, associate athletic director at Appalachian State University, has resigned after working as a sports broadcaster at the school for 16 years. Known as "the Voice of the Mountaineers," Jackson said his schedule, which involved heavy travel and lots of weekend work, made it difficult to balance life with his wife and two children.

Best high schools in NC? Depends on which list

April 19, 2016

U.S. News & World Report ranks Greensboro's Early College at Guilford as the top public high school in North Carolina, with Raleigh Charter High School in second place (see the full list here). The Washington Post on Sunday released its ranking of America's Most Challenging High Schools, with Raleigh Charter topping the list for the Tar Heel state.

Feeling low in High Point

April 19, 2016

As the spring High Point Market wraps up this week, organizers will take stock of HB2's impact. Business owners like Mark Weinstein are not feeling the love.

Old GE plant in Conover is demolished

April 19, 2016

(Hickory Record)

A General Electric plant that once employed 1,200 people —  a significant number for the small community in the 1960s — has been razed. GE shuttered the plant, where ground-mounted transformers were made, in 1997 and moved production to Mexico. The city hopes to build a road at the site.

Two SouthPark office buildings sold for $35.5M

April 19, 2016

(The Charlotte Observer)

Two office buildings adjacent to SouthPark mall in Charlotte have sold for $35.5 million. The buyer is a partnership of Spectrum Properties and Intercontinental Real Estate Corp. Lionstone Investments was the seller. The buildings are 95% leased and comprise 178,338 square feet.

Qorvo to acquire Dutch chipmaker

April 18, 2016

(Nasdaq.com)

Greensboro-based Qorvo will acquire GreenPeak Technologies, a Netherlands-based semiconductor company that develops RF chips for "smart home" communications (applications include home security, fire detection, lighting control and temperature monitoring) and the Internet of Things, a market expected to grow to $2.3 billion by 2020. Terms of the deal were not immediately disclosed.

Inside Asheville's failed beer deal

April 18, 2016

(Asheville Citizen-Times)

A look at Buncombe County's failed effort to attract Deschutes Brewery, a deal that would have involved an investment of up to $200 million and brought up to 237 jobs. Bend, Ore.-based Deschutes — the nation's sixth-largest craft beer company — instead chose Roanoake, Va., for its East Coast hub.

ECU reveals plans for $55M stadium renovation

April 18, 2016

(The Daily Reflector, Greenville)

Plans for Dowdy-Ficklen Stadium include a new press box and redesigned grandstand seating. The project will be financed through a $15 million fundraising effort ($10 million has already been committed); the remainder will come from sales of "premium" ticket plans, including club-level seats with a lounge area. Construction will begin after the 2017 football season and should be completed in time for the 2018 season.

Triangle condo market picks up

April 18, 2016

(The News & Observer, Raleigh)

Developers are finding success with smaller-scale condominium projects in the Triangle area. At 1300 St. Mary's in Raleigh, 32 of 39 units are under contract, with prices ranging from $199,900 to $750,900. Developer White Oak recently completed a nine-unit project in Durham where units sold for about $350 per square foot.

2 office builidngs in Charlotte's SouthPark sold for $34M

April 18, 2016

(The Charlotte Observer)

Fairview Center One and Two were sold to Atlanta-based Fairlead Commercial Real Estate for $33.75 million. Anchor tenants include law firm McAngus Goudelock & Courie and Zapata, an engineering firm. The seller was Charlotte-based Beacon Partners. Rental rates in the SouthPark area are up 14% over last year, according to CBRE.