Chapel Hill, North Carolina.  Orange County Shopping Center Planned.  The center would be near Mebane and the size would be approximately 1.1 million square feet.   That is approximately the size of the Southpoint center.  The plan was submitted by Summit Consulting Engineers of Hillsborough.  The 128-acre site is located at I-40, I-85 and Buckhorn Road.  There would be three areas within the center.  The first would be a regional retail center, the second a group of stores with the small town look like those at Southpoint and the third would contain a retail and entertainment area.

John Fish (919) 696-3474   Email: Marvmax@mindspring.com   Website: www.JohnFish.com

Chapel Hill, North Carolina.  Shopping Center The Size of Southpoint Planned.  A center of approximately 1.1 million square feet near Mebane is on the boards.  The plan was submitted by Summit Consulting Engineers of Hillsborough.  The 128-acre site in Orange County is located at I-40, I-85 and Buckhorn Road.  The plan calls for three areas within the center.  One would be a regional retail center, one a small-town group of stores like the one at Southpoint and the third would contain a retail and entertainment area.

John Fish (919) 696-3474    Email: Marvmax@mindspring.com   Website: www.JohnFish.com

Chapel Hill, North Carolina.  Blue Heaven Centers Sold To “Outsiders”.  Madison Marquette of Washington, D.C. paid $13.1 million for Rams Plaza and $40 million for University Mall.  Rams Plaza is 115,000 square feet in size and University Mall is 366,000 square feet.  The buyer specializes in renovating older retail centers.  The purchases push the value of shopping center sales in the Triangle for the year to $523 million.  That’s five times the annual average over the last five years. 

Morrisville, North Carolina:  LED Follow-Up.  LED Lighting Fixtures of Morrisville has developed a lamp that uses 5.8 watts of power vs. 60 watts for an incandescent bulb of equal brightness.  The new fixture uses less than 9 percent of the energy used by regular incandescent bulbs and 30 percent less that used by flourescent bulbs.  Their best current product uses 15% of the energy and incandescent bulb uses and 50% less than used by a fluorescent bulb .  The company hopes to introduce the more efficient and brighter lamps by the end of 2008.

John Fish (919) 696-3474   Email: Marvmax@mindspring.com   Website: www.JohnFish.com