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NEW YORK CITY-The Alex Hotel has reportedly been acquired by an affiliate of Wyndham Hotel Group for $115 million, while the Flatotel has traded for $180 million.
ORLANDO, FL-Indcor Properties, Inc., an affiliate of New York City-based The Blackstone Group, has purchased the Crossroads Distribution Center here for $22 million.
MILWAUKEE, WI-After abandoning a new headquarters project last fall, Cybros The Sprouted Bakehouse is considering a new location in Milwaukee's Menomonee Falls.
PHILADELPHIA- Architect Robert A.M. Stern has reworked the city's 2004 master plan for 1,200 acres at the southern end of Broad Street that would allow multi-tenant commercial and industrial development at the Navy Yard.
WASHINGTON, DC-The District of Columbia has launched its search for a master developer to transform the storied Walter Reed Army medical center complex into a massive mixed-use community.
PHILADELPHIA-Bart Blatstein, who is vying for the city's second casino license, has replaced Hard Rock Resort & Casino International as its prospective operator with Isle of Capri Casinos Inc.