Shawmut Design and Construction has joined Draper and Wexford Science & Technology to break ground on the 111,000-square-foot Integrated Microelectronics Production & Advanced Chip Technology (IMPACT) Center in Lowell, Massachusetts.
JE Dunn Construction Company has been selected as the general contractor for a new five-story patient and surgical tower project at Morton Plant Hospital in Clearwater, Fla. The project is part of a four-year, $200 million campus transformation program for the hospital, which is part
The average selling price per hotel room rose 28 percent to $150,223 in the first half of 2014, compared to the same period in 2013, according to Lodging Econometrics. Competition is strong, with REITs and private equity targeting the best properties. Read the GlobeSt.com story
The 129-room O’Keefe Plaza Hotel in New Orleans was acquired by the Garrison Investment Group for $10.75 million. The transaction marks New York-based Garrison’s entry into the New Orleans lodging market. Read The Times/The Associated Press story here
Stonebridge Corp. plans to build a 225-room hotel on the site of a fast-food outlet near San Francisco’s AT&T Park. The San Francisco market is experiencing a surge in hotel development after the recession as investors look to capitalize on historically high occupancy rates and
Dick’s Sporting Goods has gained a competitive edge, operating more than 560 full-line stores and 84 golf-specific outlets. Leadership has announced goals to operate more than 800 large- and small-format stores in 2017, largely in underserved markets. Read the Morningstar story here
Transwestern‘s corporate headquarters office in Houston received LEED Silver certification from the U.S. Green Building Council (USGBC) in Leadership in Energy and Environmental Design (LEED) for Commercial Interiors. Transwestern renovated 58,008 square feet between three floors. Construction began in June 2013 and was completed in
Encore Restaurants LLC, a subsidiary of Dallas-based Encore Enterprises Inc., has announced the purchase of eight existing Five Guys Burgers and Fries restaurants across Central California including Elk Grove, Fresno, Lodi, Natomas, Roseville, Stockton, Tracy and West Sacramento.Encore Restaurants plans on developing 45 more locations
The 194-room Hyatt Atlanta Midtown hotel has been sold to RLJ Lodging Trust for $49.5 million. RLJ Lodging used proceeds from a recent equity offering to acquire the property. Read the Fox Business story here
A merger between Dollar Tree and Family Dollar has been supported by both retailers’ boards in a deal valued at up to $9 billion. Both discount stores, but Family Dollar in particular, have struggled as they confront competition from Wal-Mart. Combined, the stores’ sales will
Checkers and Philly Pretzel Factory are hoping to benefit from Wal-Mart‘s popularity by embracing new franchise development opportunities with the store. Checkers’ drive-thru model translates well to Wal-Mart’s speed and convenience while PPF has been pleased with brand exposure and the lower costs associated with
Sign up for our eblasts to get updated information, news and opportunities.
Always stay two steps ahead of your Competitors. Stay informed with the latest in the Industry.
This site uses cookies to ensure that you get the best user experience. By choosing “Accept” you acknowledge this and that ccr-mag.com operates under the Fair Use Act. Furthermore, Changing privacy laws now require website visitors from EEA based countries to provide consent in order to use personalized advertising or data modeling with either Google Ads & Analytics. Find out more on the Privacy Policy & Terms of Use Page