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.
A 152-room AC Hotel by Marriott is set to rise in Medford, Mass., as part of the Station Landing residential, retail and office complex. Work is expected to begin by the end of the year. Read the American City Business Journals/Boston story here
The Golden Triangle retail center in the Dallas submarket of Denton is keeping a key tenant, Dillard’s department store. Competing developers have tried to entice the store to nearby properties, but Golden Triangle’s owners have agreed to upgrade the store as part of a $30
Meliá Hotels International is looking to boost its presence in North America, beginning with a 313-room Innside-branded hotel in development in Manhattan. Meliá is targeting markets with significant traffic from Europe and Latin America, including Miami, New York and Los Angeles. Read the BusinessTravelNews.com story
IKEA‘s first U.S. wind farm investment will be in an Illinois facility that will generate enough energy to power the equivalent of 34,000 homes, or about 65 percent more electricity than the global retailer’s U.S. stores consume. IKEA already has wind farm investments in eight
Despite the bitter winter, Erie County in New York saw some $120 million worth of commercial property sell in the first two months of 2014, setting a pace for more than $720 million this year. Retail trades included the $22.1 million sale of two retail
Two area hotels and a self storage facility have been sold, according to public records recently filed in Jefferson County (Alabama). Read the American City Business Journals/Birmingham, Ala./BizTalk Birmingham here
The 200-room Hotel Vitale in San Francisco has been sold to LaSalle Hotel Properties for $130 million, according to Hotel Management online. At $650,000 per key, the sale’s per-room price eclipses that of The Ritz-Carlton, San Francisco, which was acquired by Thayer Lodging last year
Best Western International believes that North America is ripe for hotel growth, saying it will target urban areas for its Premier-tiered properties, especially in new construction. Extended-stay hotels will be part of that mix. Read the HotelsMag.com story here
A Florida-based seafood chain is building a $1.6 million restaurant in Brentwood, set to open this fall. Bonefish Grill will be located at 8780 Eager Road, according to St. Louis-based Spiegelglass Construction Co., which is building the restaurant. Read the American City Business Journals/St. Louis
The Ambassador Hotel Waikiki has been sold to a Chicago-based private equity real estate investment firm called Walton Street Capital LLC for $71.5 million, according to public records. Read the American City Business Journals/Honolulu story here
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