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LTD Hospitality Opens Renovated Holiday Inn in Virginia
The company has revamped the 183-key Newport News hotel it acquired in 2016, transforming it into an IHG property.
Starwood Capital Group to Sell 14 UK Hotels for $1B
Foncière des Régions will acquire the 2,638-key portfolio, which consists of four- and five-star properties in major cities in England, Scotland and Wales.
California Military Department’s $135M HQ Breaks Ground
Walsh Construction Co. II and Stantec have teamed up to build the 285,000-square-foot, zero-net energy campus in Rancho Cordova, near Sacramento.
Florida Medical Center Gets $229M Facelift
Skanska USA is working on behalf of Lee Health to expand the Gulf Coast Medical Center in Fort Myers by 365,700 square feet and renovate another 48,500 square feet of space.
Skender Launches Interior Construction for 207 KSF Chicago Office
The riverfront property, which is part of Sterling Bay’s Lincoln Yards development, will become the new home of Fortune 500 company C.H. Robinson.
Washington Prime Buys Montana Regional Mall
NKF Capital Markets, which handled the transaction, expects the disposition of the Southgate Mall in Missoula to be one of the largest 2018 mall sales in the Pacific Northwest.
Hilton Names New Global Luxury & Lifestyle Head
Martin Rinck, formerly executive vice president and area president, Asia Pacific, with Hilton, comes to the position with 30 years of experience in the hotel industry.
How South Florida Malls Are Navigating Vacancy Growth
CREC’s Steven Henenfeld spoke to Commercial Property Executive about South Florida’s retail centers and what landlords are doing to keep tenants and customers interested.
JV Buys Class A Office in Downtown DC
Following the $100 million acquisition, DSC Partners and Wafra Inc. intend to reposition the 178,000-square-foot asset with a $5 million upgrade program.
AccorHotels to Buy Mövenpick Hotels for $560M
The acquisition will enhance the Paris-based global hospitality company’s presence in Europe, as well as its footprint in emerging markets of the Middle East, Africa and Asia-Pacific.