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TORONTO, ON-A 586-room hotel adjacent to the Toronto Convention Centre reopens as an InterContinental hotel after a $24-million renovation and the largest hotel at the Toronto Pearson International Airport is now a Park Plaza Hotel and undergoing a $4.5-million renovation.
MUNDELEIN, IL-Abbott Laboratories, headquartered in nearby North Chicago, has leased space at 1040-60 High St. in the Allanson Industrial Park since 1995.
ALLSTON, MA-JB Trust sells its 28,000-sf brick and beam building at 244 Brighton Ave. to Nine Mile LLC. The firm intends to do an adaptive re-use of the four story facility from office to residential with a retail component.
DETROIT-A new restaurant will be developed atop the Renaissance Center on the 71st and 72nd floors. Coach Insignia will open in spring 2004 as part of the Riverfront Shops, a collection of stores restaurants and services.
LONDON-Bristol office rents are hold up well, according to new research from Atis Real Weatheralls. A shortage of supply is underpinning rental values, and there could even be potential for speculative development.
ATLANTA-Lawrence L. Gellerstedt III and former colleague Egbert Perry of the Integral Group are partnering in a 220-unit venture across from the future site of the World of Coke and Georgia Aquarium attractions.