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RIVIERA BEACH, FL-The Atlanta-based company plans to build a 121-suite, three-story hotel at Military Trail and 45th Street in Riviera Beach, FL. InTown Suites Inc. bought the 2.33 acres from Seymour A. Fine, Trustee, for $565,000.
SHERMAN OAKS, CA-The buyer's plan is to raise a Marriott flag on the 180-room Radisson Valley Center Hotel, which already has flown banners from three leading chains since it opened in 1964. Ventura Orion Motor Lodge the seller was also the developer.
Like many industries in today's economy, the real estate sector is twisting in the wind, especially while attention is focused on potential hostilities…
LONDON-Tenant inducements are on the up in the Thames Valley and rents are going down, but the worst will be over by the end of the year says a new report from Rogers Chapman.
TOLLESON, AZ-The award-winning Ancona Tolleson Center first phase is getting a sister, a 184,000-sf twin that will deliver in September. As before, Wespac Construction is developing the office and industrial combo for E&V Investments.
SAN DIEGO, CA-Despite a slow first quarter for the San Diego County office market, the region has reported overall positive net absorption for the first three months of 2003. Net absorption actually increased 53% from the fourth quarter of 2002, increasing from 193,645 sf in the last three months of the previous year to 296,262 sf in the first three months of this year, according to a recent report on the region.
ORLANDO-Longtime business associates Daryl M. Carter and Scott E. Crossman pay auto dealers Denis Moredo, Harris M. Ganey and Jan C. Ganey about $25 per sf for 0.59 acres at the southeast corner of Orange Avenue and Grant Street.