June 26, 2015 UBJ

Page 23

upstatebusinessjournal.com

REAL ESTATE DEALS AND DEVELOPMENTS ACROSS THE REGION

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CresCom Bank, the wholly owned bank subsidiary of Carolina Financial Corporation, will open its first Greenville branch.

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CresCom Bank to open Greenville branch in fall

The full-service branch will be located at 3695 E. North St. and is expected to open in the fall of 2015. Last summer, CresCom Bank added local market leader Scott Frierson to its team to help lead efforts for its newly created loan production office in Greenville. CresCom Bank has 26 branch locations throughout the Carolinas, in addition to the loan production offices in Wilmington, N.C., and Greenville. The new Greenville branch will represent the 27th branch location and adds to the community bank’s growing presence throughout the Carolinas. “We’re excited for the opportunity to open our first full-service branch within the Greenville community later this year,” said Carolina Financial Corporation President and CEO Jerry Rexroad. “The Upstate is a growing market and we’re pleased to bring our relationship-based banking services and products to its residents.” In addition to its branches, CresCom Bank currently owns and operates Crescent Mortgage Company, which lends in 45 states and partners with 2,000 community banks, credit unions and mortgage brokers, and offers access to various loan programs.

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the speed at which we bring new innovations to our customers in the American hygiene market,” Pantex CEO Gianluigi Fornoni said in a release. The facility operations will focus on the production of perforated non-wovens, composites and films for feminine hygiene applications as well as elastic laminates for baby care and adult incontinence fastening systems. “The fact that Pantex has chosen Simpsonville as the first place in the country to establish operations is further proof that companies from around the world are now looking at South Carolina as an ideal place to do business,” Gov. Nikki Haley said. The 140,000-square-foot facility is expected to be fully operational by the third quarter of 2015. Hiring for all positions is currently underway. Those interested in joining the Pantex Americas Inc. team can contact recruitment@pantexglobal.com.

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to be moving forward with this project.” sjackson@communityjournals.com Walden said PHG was attracted to @SJackson_CJ the area due to “a lot of the great accolades” Greenville has received and it From fixing cars to sleeping beds, lived up to those during a recent visit. The another piece of downtown Greenville’s culture and charm of the city makes it a West End is set to be repurposed. great place to do business, he said. Elgin-Williamson Collison Repair, which As PHG continues with the development has been located at 942 S. Main St. (across and design process, more information will from Fluor Field and next to Mac’s Speed be released. Shop) for 25 years, is moving. Currently, Johnny King Auctioneers is In its stead will be a planned Homewood conducting an online auction for some of Suites by Hilton hotel. Homewood Suites the paint/body shop equipment and colis Hilton’s international brand of upscale, lectibles and memorabilia that decorated all-suite, extended-stay hotels. Elgin-Williamson. A Cary, N.C.-based company, Parks No details are available on where the Hospitality Group, which specializes in the body shop will be relocating. development and management of mid to upscale hotels, has purchased the property for $2.7 million. Trevor Walden, VP of operations and sales with PHG, said it’s too early yet to release details on number of stories or rooms, but that the company is “very excited

SHERRY JACKSON | STAFF

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Homewood Suites developers buy body shop property on South Main for $2.7 million

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Hotel coming to Greenville’s West End

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Berkshire Hathaway HomeServices opens downtown office Berkshire Hathaway HomeServices C. Dan Joyner Realtors announced this week the creation of a new downtown residential office co-located with the company’s commercial division at 24 Vardry St. David Crigler will serve as the broker-incharge of the new office along with five residential sales professionals who have recently joined the Berkshire Hathaway HomeServices C. Dan Joyner team. “In response to the market’s needs and direction, as well as substantial agent growth within the company, our downtown office is positioned to meet the needs of the flourishing Upstate market, and we are glad to welcome these experienced agents to our family,” said Danny Joyner, CEO, Berkshire Hathaway HomeServices C. Dan Joyner Realtors. Rhett Brown, Chris Rodriguez, Jo-Ann Rutledge, Kirby Stone and Iris Wainright make up the new downtown team.


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June 26, 2015 UBJ by Community Journals - Issuu