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BOSTON-San Francisco-based Kimpton Hotels & Restaurants is opening two new hotels in the area and a company executive tells GlobeSt.com that this is just the beginning. The company is looking for locations in the city to develop additional lodging properties.
DENVER-As he winds down his term, the mayor of Denver is asking interested parties - and the people of Denver - to help the city attack more conventions to the new convention center.
CABAZON, CA-The Morongo Band of Mission Indians will conduct a public hearing for the Cabazon community in March to discuss details of the project, which includes a new casino of nearly 400,000 sf.
DENTON, TX-Can-Am Express, which came to town eight months ago, buys 13 acres with a ready-to-go maintenance facility and primary access to the NAFTA Highway. It's the second commercial land sale this year along Interstate 35 north of Denton.
CAMBRIDGE, MA-ETEX Corp. leases 26,168 sf of office, laboratory and pilot manufacturing space at 38 Sidney St. in University Park at the Massachusetts Institute of Technology. The company will use the space to consolidating its operations into one facility.
WOODBRIDGE, NJ-Denholtz Associates sells the Kislak Building to a local investment group in a transaction arranged for both sides by Zimmel Associates.
MIAMI-Biodegradable Packaging Corp.'s new 20,000-sf location is at 9775 NW 80th Ave. in Pelmad Industrial Park. The five-year lease is valued at an estimated $500,000. The company manufactures and distributes corrugated and solid fiber boxes.
PRINCETON, NJ-The 225,000-sf complex moves from Patrinely's portfolio to that of New Valley Corp. in a buy that factors out to just over $239 per sf. Even in this pricey market, that's a record.
BURBANK, CA-The 82-unit complex is near the Warner Bros. Ranch lot and NBC Studios in the Burbank Media District. The Palo Alto seller makes a profit after holding it less than 18 months.
GLENDALE, AZ-The buyer gets five of eight buildings in the complex near the Thunderbird Samaritan Medical Center. The 92%-leased package, totaling 47,928 sf, has a lease rollover of 10 years.