Greenlink awarded $5 million for electric buses, LyonJay launches residential development group, Hot Properties

Greenlink receives federal funding for electric buses

Greenville Transit Authority will receive more than $5 million in federal funding this year to purchase electric buses and install charging infrastructure.The city’s transit authority, also known as Greenlink, is one of 41 recipients of the Federal Transit Administration’s 2020 Low or No-emission Bus Program grants.

Greenville investment firm launches development group

Greenville real estate investment and development firm LyonJay is partnering with New York’s real estate lender Dwight Capital to launch Hudson Oak Development. The company will specialize in multifamily and for-rent single family acquisitions and developments including affordable housing projects.

Survey sees increase in optimism among business owners

A May survey from the National Federation of Independent Business Research Center shows that May finds small-business owners more optimistic about future business conditions than responses from an April survey.

What improved and what didn’t in Friday’s jobs report

A deep dive into the jobs report released Friday by the U.S. Bureau of Labor Statistics provides clues on why the numbers turned out better than expected. The sharp improvement in jobs figures from April to May caught economists and investors off guard, driving up the stock market and increasing optimism about an economic recovery, despite the ongoing pandemic.

Digital copy available of the latest GSA Business Report

While some of our readers may be back at their offices, we're still making digital copies of our latest edition available. Take a look at new plans for the Plush Mill site, find out what economists think lies ahead for the Upstate economy and read about some of the success stories of SCMEP's online portal connecting wants and capabilities in South Carolina.

Hot Properties

Share your recent commercial or industrial real estate transaction with GSA Business Report.

Bobby Lyons and Chris Schweighart of Lyons Industrial Properties represented Leigh Realty LLC in leasing 25,000 square feet of outside space at Wellford’s Leigh Fibers Facility to Polysols Inc.

For more Hot Properties, click here.

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