COLUMBUS-Milwaukee-based Marcus Hotels and Resorts purchases the historic Westin Columbus hotel from BPG Properties. The company plans embark on a substantial renovation to the property, which will include upgrading guest rooms and enhancing the historic feel to the dining area.
ST. PAUL, MN-Griffin Capital, on behalf of 32 individual investors, acquires the US Bank Center in St. Paul's CBD. The asset is purchased for $53.2 million from Chicago-based Hearn Co.
ST. PAUL, MN-Griffin Capital, on behalf of 32 individual investors, acquires the US Bank Center in St. Paul's CBD. The asset is purchased for $53.2 million from Chicago-based Hearn Co.
INDIANAPOLIS-Simon Property Group Inc. is purchasing seven retail buildings from Federated Department Stores Inc. The department stores are included in Federated Department's previously announced for divestiture of 80 duplicate locations nationwide.
ANN ARBOR, MI-The land will be remediated and construction of a 400,000-sf facility will begin in the fall of 2006.The building will accommodate the company's expanding engineering design operations.
CHICAGO-As part of the six-property agreement with AEW Capital Management, Brookdale Senior Living Inc. completes the acquisition of five independent living, assisted living and CCRC facilities, with a total of 813 units/beds located in California, Ohio and Washington. Company execs expect to complete the closing on the remaining facility in the second quarter.
CHICAGO-As part of the six-property agreement with AEW Capital Management, Brookdale Senior Living Inc. completes the acquisition of five independent living, assisted living and CCRC facilities, with a total of 813 units/beds located in California, Ohio and Washington. Company execs expect to complete the closing on the remaining facility in the second quarter.