Boston

Leatherbee will join Trammell Crow officially on May 6. He most recently served as executive vice president and regional manager of Skanska USA Commercial Development's Boston office.

The mixed-use development will include 232 five-star hotel rooms, luxury for-sale residential units, approximately 10,000 square feet of retail space and a 368-space parking garage. Both the hotel and the for-sale residential units will be branded and operated by Four Seasons Hotels and Resorts.

Summit reports that the six hotels traded will produce a net gain of $36.6 million. The six hotels in the markets of Minneapolis-St. Paul, Boston, Santa Barbara (CA), Dallas and Salt Lake City totaled 815 rooms.

The 158,463-square-foot grocery-anchored shopping center in Broward County is located approximately 12 miles southwest of Downtown Fort Lauderdale and was 99% leased at the time of sale.

The fully-leased building is the closest privately-owned laboratory/office building to Harvard University and is situated within walking distance of the Massachusetts Institute of Technology.

Tom Wisniewski, managing partner at Newark Venture Partners, a StackSource investor, calls StackSource "simply commercial real estate lending for the 21st century."

The three projects would create more than 3,000 construction jobs and more than 500 full- and part-time jobs in the City of White Plains.

The three hotel properties— the DoubleTree by Hilton Hotel Boston – Milford, the Doubletree by Hilton Hotel Boston – Rockland and the Hilton Garden Inn Plymouth—total 433 rooms.