Columbia Real Estate Update as of 06-11-2012
Here is the latest Columbia SC News and Business Report as of 06-11-2012. Please feel free to visit our web site to search for Columbia SC Real Estate and Properties. We offer you a complete source for all the listings in the enitre area on our web site.
TODAY'S HEADLINES | JUNE 11, 2012
Thompson Construction buys Sumter building
A 29,700-square-foot fabrication shop at 879 Guignard Drive in Sumter has been sold for $825,000 to S.C.-based Thompson Construction Group. NAI Avant represented the seller in the transaction.
Chestnut joins TD Bank as commercial lending VP
Lonnie Chestnut is responsible for developing and managing new and existing commercial loan relationships with business clients throughout the Midlands. He has seven years of experience, and most recently worked at BB&T in Savannah, Ga.
Two South Carolina banks change hands
BNC Bank continued its South Carolina expansion by acquiring Carolina Federal Savings Bank of Charleston. Additionally, a Virginia-based bank entered the South Carolina market by acquiring a North Carolina bank with branches here.
SCE&G nuclear project running below budget
The Cayce-based utility reported to the state Public Service Commission that construction costs of two nuclear units at its Jenkinsville power plant are $292 million below the cost schedule that regulators approved. Lower interest rates are among the factors holding down costs, SCE&G reported.
The Daily Report is published by the Columbia Regional Business Report, a publication of SC Biz News.
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