Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: TUESDAY, February 14, 1995 TAG: 9502150034
SECTION: BUSINESS PAGE: B-6 EDITION: METRO
SOURCE:
DATELINE: LENGTH: Medium
S.L. Nusbaum Realty Co. of Norfolk, which brokered the sale of Towne Square Shopping Center in Roanoke, said the price was $13 million. The price was withheld when the January sale was announced.
The new owner of Towne Square is Roanoke Valley Associates, of which John Kane of Raleigh, N.C., is a principal. Another Kane subsidiary owns Tanglewood Mall.
- Staff report
CFW to provide phone-card service
CFW Communications Services Inc. of Waynesboro said Monday it has contracted with NECA Services Inc. of New Jersey to provide prepaid calling-card services nationwide.
Phone customers buy the Independence Card for specific amounts, then use the card to make calls until the prepaid amount is used up. Cards can be "refreshed" by buying additional amounts of phone time.
Cards bought at a local telephone company can be used at any touch-tone phone in the United States at one flat, per-minute rate, CFW said. There is no surcharge per call as with traditional phone cards.
- Staff report
Briefly ...
Ford Motor Co. is recalling 11,200 1995 Ford Aerostars because of a possible problem with the vans' spare tires. Ford said some of the vans have a mini-spare that might not fit properly into the underbody tire carrier, causing contact with a brake line, possibly damaging it. Ford said it had no reports of injuries or accidents.
U.S. coal production totaled 22 million tons in the week ending Feb. 4, up 4 percent from 21.3 million tons the previous week, the U.S. Department of Energy reported Monday. The industry produced 19.9 million tons in the same week last year. Mines in Virginia produced 930,000 short tons that week, up from 893,000 a week earlier and 793,000 tons a year earlier. Coal production so far this year is about 105 million tons, 15 percent ahead of last year's output at this time.
by CNB