Winston-Salem--A partnership of Philadelphia-based PMC Property Group and San Francisco-based Kimpton Hotel & Restaurant Group paid $7.8 million for the 22-story Reynolds Building.

• Position: Statewide: TRIAD REGION

WINSTON-SALEM -- A partnership of Philadelphia-based PMC Property Group and San Francisco-based Kimpton Hotel & Restaurant Group paid $7.8 million for the 22-story Reynolds Building. They will convert the 314,000-square-foot building, which served as headquarters of...