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TAMPA, FL—Hudson, MA-based private investment firm Calare Properties has acquired a 14-buiding office and industrial portfolio in the greater Tampa area.
SALISBURY, MD—Marshall Hotels & Resorts reports it has been selected to operate three hotels currently under construction. These contracts, coupled with a previously announced management contract for the Hotel Indigo under construction in Manhattan, bring the company's year-to-date new management deals to nine.
SHIPPENSBURG, PA—Shippensburg University Student Services, Inc. and Campus Apartments of Philadelphia report the completion of the $65-million second phase of a development project to upgrade all of the university's on-campus residences.
TONAWANDA, NY—FedEx Trade Networks announced on Tuesday it had opened its new environmentally advanced 88,000-square-foot office/distribution facility at Riverview Solar Technology Park here.
ATLANTA—Locally-based Global Healthcare REIT, Inc. reports it has acquired interests in four skilled nursing facilities located in Oklahoma, Arkansas and Georgia.
NEW YORK CITY—Starwood Capital Group reports today it has sold the leasehold interest in the 1372 Broadway office building here to an affiliate of Ross Stores, Inc. of Dublin, CA.
WASHINGTON, DC—DC Councilman Jack Evans is expected to introduce legislation today that would create the District Pennsylvania Avenue Development Corp., to ensure “suitable development, maintenance, and use of the vital area of local, as well as federal, importance.”
ATLANTIC CITY, NJ—Trump Entertainment is seeking permission from the bankruptcy court to sell off assets from the recently shuttered Trump Plaza, including furniture and gambling equipment.