Columbia SC Real Estate Update 4-21-11

Posted By Craig Summerall @ Apr 25th 2011 4:39pm In: Real Estate News

TODAY'S HEADLINES / APRIL 21, 2011

First Community Bank’s Q1 profit slips 4.7%

First Community Corp., the Lexington-based parent company of First Community Bank, reported that its first-quarter net income slipped 4.7% to $403,000 from $423,000 in the first quarter of last year.

Sonoco elects chief financial officer

Barry L. Saunders has been elected Sonoco’s vice president and chief financial officer, the company’s chairman and CEO said Wednesday. The appointment is effective May 1.

Midlands Tech breaks ground on new facility

Midlands Technical College officials broke ground Wednesday on the Engineering Technology and Sciences wing of the MTC Center of Excellence for Technology, located on MTC’s Northeast Campus.

First project completed at Jafza logistics park in Santee

Jafza International, which is based in Dubai, bought land for the logistics park in 2007. The company said it would offer 4 million square feet of warehouse and distribution space and would be a hub for storage, processing and then transportation of goods.

Columbia’s office market continues to strengthen

The Columbia office market continued to make positive gains during the first quarter of 2011 as the local economy showed signs of post-recession improvement, according to a report from Colliers Keenan commercial real estate company.

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Job of the Week

Trident Technical College in North Charleston is hiring chemical process instructors for six-month, part-time positions. Five years’ field experience in the petrochemical industry is required, including safety, instrumentation, piping, process systems, process troubleshooting and related computer applications. A bachelor’s degree in chemistry or chemical engineering is preferred. Salary is commensurate with education and experience. Learn more or apply here.

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