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Sandy Springs' King and Queen towers to be sold

Sandy Springs' King and Queen towers to be sold

SANDY SPRINGS, Ga. -- The "King" and "Queen" buildings, the two iconic office towers looming over the Atlanta Perimeter and Georgia 400 for years, have found a new buyer in a deal that could range from $480 million to $500 million.

Stamford, Conn.-based Building and Land Technology has reached an agreement to buy the towers, which are part of the more than 2-million-square-foot Concourse Corporate Center development.

The deal would continue a resurgence of investment into Atlanta's office market, where job growth has returned, occupancy has recovered, and several high-profile developments have traded hands in the past year, including Northpark Town Center in Sandy Springs and the Pinnacle building in Buckhead.

Concourse Corporate Center is the latest example.

N.Y. to file lawsuit against UPS for cigarette delivery

N.Y. to file lawsuit against UPS for cigarette delivery

SANDY SPRINGS, Ga. -- New York officials plan to file a $180 million lawsuit on Wednesday against Atlanta-based United Parcel Service over what they say is the delivery of untaxed cigarettes.

State Attorney General Eric Schneiderman and New York City corporation counsel Zachary Carter allege UPS delivered nearly 700,000 cartons (more than 78,500 illegal shipments in all) in New York between 2010 and 2014.

The lawsuit, which will be filed in Manhattan federal court, claims UPS shipped cigarettes from unlicensed vendors on Indian reservations. In some cases, UPS appears to have handed over the deliveries to children at various residences across the state.

Mercedes-Benz looks to fill up to 600 HQ jobs in Atlanta

Mercedes-Benz looks to fill up to 600 HQ jobs in Atlanta

(Atlanta Business Chronicle) Mercedes-Benz USA will fill as many as 600 corporate jobs in Atlanta as part of its headquarters relocation from New Jersey.

Mercedes will bring a contingent of a "couple-hundred" people from New Jersey this summer, CEO Stephen Cannon told Atlanta Business Chronicle Tuesday.

Danny Sellers named Principal at Sterling Risk Advisors

Danny Sellers named Principal at Sterling Risk Advisors

DULUTH, Ga. -- Danny Sellers has been named a Principal at Sterling Risk Advisors. He has more than two decades of experience specializing in risk management for construction, trucking and manufacturing companies.

Prior to joining Sterling Risk Advisors in 2012, Sellers was senior vice president for J. Smith Lanier & Co., where he handled large, complex accounts, including large transportation accounts with both regional and long haul exposure. Earlier, he was executive vice president at Allied North America, where he produced and managed accounts including a major international manufacturing firm with $1 billion in sales.

Sellers holds a Bachelor of Science degree in General Business from Georgia Southern University. His professional affiliations include:

New Mercedes-Benz HQ to create 800 jobs

New Mercedes-Benz HQ to create 800 jobs

ATLANTA -- The new Mercedes-Benz headquarters in Atlanta will create at least 800 jobs, Gov. Nathan Deal announced Tuesday.

The luxury automaker announced earlier this month it will relocate its U.S. headquarters to Georgia from Montvale, N.J. The new Atlanta-area facility will be responsible for distribution, marketing and customer service for all Mercedes-Benz products in the country.

Deal described the move as "simply a home run for the state."

"I look forward to building upon this new partnership and adding Mercedes-Benz to the state's already impressive automotive sector," Deal said in a release. "Welcome to Georgia, Mercedes-Benz."

Sterling Risk Advisors promotes Emily Cunningham to account executive

Sterling Risk Advisors promotes Emily Cunningham to account executive

ATLANTA -- Sterling Risk Advisors, a full-service risk brokerage firm, has promoted Emily Cunningham to account executive in the medical department, where she provides coverage for health care providers and health care facilities. She joined Sterling as an intern in 2012 and was quickly hired full-time as an assistant account executive.

She serves as a member of the Junior Committee of the Shepherd Center, a brain and spinal injury rehabilitation facility.

Cunningham received her Bachelor of Business Administration in Risk Management and Insurance from the University of Georgia. A native of St. Simon’s Island, she lives in the Buckhead neighborhood of Atlanta, where she attends Peachtree Road United Methodist Church.

Marge Hardenburg joins Sterling Risk Advisors as account executive

Marge Hardenburg joins Sterling Risk Advisors as account executive

WOODSTOCK, Ga. -- Marge Hardenburg has joined Sterling Risk Advisors as an account executive.

A 20-plus year industry veteran, her main areas of expertise are in professional liability and health care. She also provides insurance solutions across a diverse spectrum of other industries.

Sterling Risk Advisors is a full-service Atlanta-based risk management and insurance brokerage firm serving the commercial, professional and personal needs of clients across a diverse spectrum of industries.

Prior to joining Sterling Risk Advisors, Hardenburg spent 19 years at Potter Holden/Arthur J. Gallagher, most recently as a senior account manager. She is a Certified Insurance Counselor (CIC) and a Certified Insurance Service Representative (CISR).

Hardenburg received her bachelor of arts in communication disorders from William Patterson University. She lives in Woodstock, Georgia, where she enjoys hiking, cooking, music and spending time with her family.