WINSTON-SALEM — Reynolds American subsidiary R.J. Reynolds Tobacco will donate its 124-acre Whitaker Park manufacturing campus to a local nonprofit. Opened in 1961 as the world’s largest cigarette plant, the campus has been largely vacant since Reynolds started moving manufacturing to its Tobaccoville plant in 2010. Whitaker Park Development Authority, a group created by Wake Forest University, Winston-Salem Alliance and Winston-Salem Business, will study potential uses for the site, which includes about 1.7 million square feet of commercial and industrial buildings.
WINSTON-SALEM — Gvest Capital and Trinvest acquired the 20-story, 240,000-square-foot BB&T Financial Center from Oak Brook, Ill.-based Inland Private Capital for $60 million. Gvest Capital is a Pineville-based investment partnership led by Ray Gee, former president of London-based Royal & Sun Alliance subsidiary FSL Advisors. Trinvest is owned by Atlanta investor Tyson Rhame.
GREENSBORO — Stan Kelly became interim president and CEO of the Piedmont Triad Partnership, replacing David Powell, who is returning to the private sector. Kelly, 56, retired last summer as Carolinas regional president for San Francisco-based Wells Fargo.
GREENSBORO — The Fresh Market named Sean Crane interim chief executive officer after President and CEO Craig Carlock resigned. Crane has been chief operating officer of the grocery chain since 2012. Carlock became CEO in 2009. Based here, The Fresh Market operates 168 stores in 27 states, including 19 in North Carolina.
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