BOSTON-Boston's hotel market is heating up thanks to the sale this month of three hotel properties in the city's suburbs. Two more hotel properties are also under contract, a hospitality expert says.
SHELTON, CT-Health Net of the Northeast Inc. expands its operations here with the signing of a 10-year lease for 33,078 sf of space at 4 Research Dr. The company plans to house its information technology and its appeals and grievances groups at the property.
CHICAGO-New York State Teachers Retirement System, advised by JPMorgan Chase as well as Houston-based Hines, sells the 897,000-sf building it acquired for $133.3 million in 2001. With 333 W. Wacker Dr., Hines REIT closes on purchases totaling $470 million in April.
CHICAGO-New York State Teachers Retirement System, advised by JPMorgan Chase as well as Houston-based Hines, sells the 897,000-sf building it acquired for $133.3 million in 2001. With 333 W. Wacker Dr., Hines REIT closes on purchases totaling $470 million in April.
ORLANDO-In what is believed to be the first governmental regulation of its kind in Florida, elected officials in the largest county in Central Florida vote 6 to 1 to set up a task force that could ultimately dictate the size, design and infrastructure for retail stores larger than 75,000 sf.
ORLANDO-The unprecedented surge comprises at least 7,522 rooms at six locations surrounding the Orange County Convention Center on International Drive. Currently only about 2,000 luxury-caliber hotel rooms exist on the tourist-themed strip, according to new GlobeSt.com research.