News
Caesars Launches $90M Makeover at Flamingo Las Vegas
By the end of 2017, more than half of the company’s guestrooms in Las Vegas will have been upgraded. The renovation is expected to be complete during the second quarter of 2018.
St. Petersburg Office Building Welcomes New Tenant
The eight-story property is already home to anchor tenant Times Publishing Co., which recently signed a 15-year lease renewal at 490 First Ave.
Lansco’s Robin Abrams Joins Eastern Consolidated
After more than 38 years at Lansco Corp., Abrams will join the firm as a principal and vice chairman of retail. She is bringing along her team of brokers, as part of the Abrams Retail Strategies group.
NY-Area Overlook Corporate Center Completes Makeover
Theta Holding Co. wrapped up a multimillion-dollar renovation that included upgrades to the lobby and common areas, and construction of a conference room and fitness center at its 415,000-square-foot Overlook Corporate Center in Little Falls, N.J. The firm hired Colliers International to lease vacant space at the property.
Indian Company to Invest $35M in Virginia R&D Facility
Granules India Ltd., through its wholly owned subsidiary Granules Pharmaceuticals Inc., will expand its pharmaceutical R&D and manufacturing operations at the company’s 100,000-square-foot plant in Fairfax County.
Economy Watch Weekly: Traditional Retail Sees Lowest Quarterly Growth Since 2009
E-commerce sales continue to grow, posting a 14.7 percent increase in the first quarter of 2017 from the same quarter last year, according to U.S. Census Bureau data. Conventional retailers, on the other hand, weren’t so lucky. Economy Editor Dees Stribling has the latest.
Marriott Opens New Pittsburgh Hotel
The 109-key hotel is located in the McCandless Crossing, an open-air lifestyle center about 10 miles north of Pittsburgh. AdVenture Development LLC owns the six-story hotel.
Illinois Bone & Joint Institute Embarks on Renovation Project
The Missner Group will conduct the improvement works at the healthcare facility. The 2,900-square-foot space expansion will include a new physical therapy gym, private therapy suites, a modernized reception area and upgraded bathroom facility.
Economy Watch: Chicago Fed National Activity Index Points to Economic Growth
U.S. manufacturing and other production-related indicators contributed to the CFNAI increase in April, according to the Chicago Fed, indicating that the economy is still in growth mode.
Home2 Suites by Hilton Debuts in The Golden State
The latest addition to Hilton’s All Suites portfolio is the 108-key Home2 Suites by Hilton Livermore, the brand’s first property in the California.