Laura Valean
Laura Valean is an Executive Editor with Commercial Property Executive and Multi-Housing News. She has a 12-year background in broadcast media and joined the CPE-MHN team in 2016. Laura edits in-depth stories on key trends shaping the commercial and multifamily real estate industries, coordinating a team of experienced writers. She also hosts award-winning podcast shows for both brands, including Mission Success: Women in Multifamily, NAA Insights, FTI Experts’ Hub, RICS Monitor and CREW Up. Laura holds a B.A. in Journalism and an M.A. in Media Management. She can be reached at📧 laura.valean@cpe-mhn.com
German Auto Supplier to Enter SC
bo parts GmbH intends to build a 60,000-square-foot production facility in Greer. The $4.1 million investment is projected to create 100 new jobs by 2022.
Boat Manufacturer Expands Dorchester County Operations
Sportsman intends to invest $3.5 million in a 70,000-square-foot addition to its existing facility. The company expects to create 100 new jobs.
Kimmerle Group Boosts Multigenerational Leadership
Robert Kimmerle, son of company founder & president George Kimmerle, has returned to the firm as chief financial officer. He brings more than a decade of experience in financial management and will focus on providing financial and consultative support.
Hilton Garden Inn Opens NC, KY Hotels
The two properties are located in Louisville, Ky., and Jacksonville, N.C., and add up to 278 keys. The brand’s portfolio now includes more than 740 hotels across 33 countries and territories.
Hilton Hotel to Join NC Mixed-Use Project
Aston Properties traded a two-acre site at Biltmore Station for the development of a Home2 Suites by Hilton hotel in Asheville, N.C. Baywood Hotels intends to start construction this year.
JLL Brokers Sale of 45-Acre Orlando Site
Exeter Property Group purchased the land for $8.4 million, with plans to begin speculative construction of a large distribution center in Orlando’s Airport submarket.
Smithfield Foods Invests $100M in NC Facility
The producer plans to create approximately 250 new jobs by building a new distribution center and expanding its storage capabilities in Tar Heel.
Creative Office Space Coming to Southwest Portland
Point B is developing a 17,000-square-foot, three-story, mixed-use building, which will replace an old house and a small warehouse. Koble Creative Architecture and Abbasi Design Works designed the project.
Olshan Properties Unveils $27M Hilton Columbus Revamp
The company invested in the interior redesign and amenity enhancement of the 345-key Hilton Columbus at Easton. The hotel also added 9,000 square feet of meeting and event space.
Dunkin’ Donuts Serves Up 7 New NC Restaurants
The chain is expanding its presence in the Raleigh-Durham market with its plan to develop seven new restaurants, in partnership with existing franchisee Coastal Franchising Inc.