ORLANDO-The hotel investment and development arm of CNL Hospitality Properties, based here, buys the 347-room Bridgewater Marriott and the 405-room San Francisco Courtyard from Marriott International.
ORLANDO-Atlanta-based Ronus Properties, the longtime owner of West Colonial Oaks shopping center to sold the Home Depot-anchored property to Noble Properties of West Palm Beach.
NEW YORK CITY-The former Newmark retail CEO officially takes the reins of Cushman & Wakefield's Retail Management Consultant group, which aims to trade in C&W's traditional retail vehicle for a new model loaded with extras.
NEW YORK CITY-A new industry forecast by PricewaterhouseCoopers indicates that 2002 aggregate profits will beat last year by a half-billion dollars. Streamlining operations and implementation of cost-cutting strategies get the credit.
NEW YORK CITY-Fairport, NY-based PaeTec Communications takes nearly 14,000 sf of class A built-out switching operations space on the building's 16th floor.
NEW YORK CITY-Started in 1997 with $183 million in seed money borrowed from Reckson Associates, the venture capital firm files for bankruptcy with $234 million in unpaid debts, leaving the fate of the Reckson loan in doubt.
NEW YORK CITY-Employees at the real estate industry magazine and Web site confirm that it will cease operations Tuesday, after less than three years in business.
NEW YORK CITY-Retail management technology provider QRS signs an eight-year deal at what was briefly the world's tallest building. Previous tenant iWon.com moves downstairs to the 35-story property's second floor.
ORLANDO-Upon delivery, scheduled for June 2003, the new Hughes Supply Inc. headquarters building will be the cornerstone of Hughes Square, a planned development to be built in Downtown Orlando.
NEW YORK CITY-Retail management technology provider QRS signs an eight-year deal at what was briefly the world's tallest building. Previous tenant iWon.com moves downstairs to the 35-story property's second floor.
