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BLACKSBURG, VA-A management team gets put into place for the Inn at Virginia Tech and the Skelton Conference Center, two years prior to the opening of the $46 million project. Hilton Hotels Corp. will begin its duties next month.
ATLANTA-Area brokers in a position to know tell GlobeSt.com the Cincinnati-based retail chain's contract with mall owner General Growth Properties Inc. of Chicago is expected to close by year end. Federated shuttered the estimated 100,000-sf store in January of this year.
FORT LAUDERDALE, FL-The 63,000-sf center will feature shops and restaurants. Tenants include Winn-Dixie, Dryclean USA, Capri Coffee, Shuck 'N' Dive and Subway Restaurants. The project is set to be finished by the end of the year.
MINNEAPOLIS-Pledge follows an earlier revelation that his $35 million pledge was contingent on the football stadium being built before the money is released.
LONDON-Stannifer has won planning consent for Project Phoenix, its 635,000-sf retail-led regeneration scheme in High Wycombe, Buckinghamshire. The council has reaffirmed its commitment to the Stannifer scheme despite rival proposals from LxB and Tesco.
MIAMI-The three properties were the 45,600-sf Lake Worth Commerce Center in Lake Worth, a 34,395-sf light industrial property here and a 45,000-sf Home Depot in Naples. The financing was secured by Cohen Financial.
ATLANTA-The brokerage team of Marc Robinson, Joshua Goldfarb and Chris Johnson sells a total 481 area apartments in a soft multifamily market where vacancy rates are expected to hit 11.5% by year end, according to a mid-year study by Marcus & Millichap.
PHILLISPBURG, NJ-A regional bus company will use the space as a branch office as the industrial giant continues the process of redeveloping its one million-sf complex.