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BERKELEY HEIGHTS, NJ—Boston-based Tocci Building Companies has broken ground on a $39.5 million Embassy Suites Hotel strategically located within Connell Corporate Park in Berkeley Heights, NJ. The 187,000 square-foot development is an eight-story, 176-key hotel. The property is owned by Connell Hospitality, LLC, and will be operated by Davidson Hotels & Resorts.
LOS ANGELES—KFA completes the renovation of the historic landmark into a creative office space, and sits down with us to talk about the design trends in creative office and the challenges of renovating historic buildings in this <b>EXCLUSIVE</b> Q&A.
LOS ANGELES—The residential portion of this massive mixed-use development in Downtown Los Angeles is complete, with 55% of the building already leased.
HOUSTON–St. Louis, Mo.-based McCarthy Building Cos. Inc., will lead the expansion of the Museum of Fine Arts, Houston (MFAH), the oldest art museum in Texas and one of the largest museums in the country.
MIAMI—Locally-based Swire Properties Inc. reports it has appointed Gonzalo Cortabarría senior vice president. The former Hines Interest executive will oversee leasing and operations for the $1.05-billion Brickell City Centre mixed-use development.
PHOENIX—A joint venture of EverWest Real Estate Partners and CenterSquare Investment Management purchased Madison Square, a 177,312 square-foot office property located at 16th Street and Missouri Avenue in Central Phoenix, from Orsett Madison LLC for $21.95 million.