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FORT LAUDERDALE, FL-The new site in Westborough, MA is one of 19 properties the locally based hotel chain had under construction at yearend 2000. The company operates 393 hotels in 38 states from its headquarters 26 miles north of Miami. The estimated hard construction cost of the Massachusetts project is $10 million.
PALO ALTO, CA-GlobalStake Corp., which last week introduced its online commercial-lending tool, is gaining the former president and CEO of the Oakland mortgage-banking branch of Mason McDuffie Financial Corp. as a board member.
HOUSTON-Another Houston medical office property and one in San Antonio have been tossed into the melting pot of Nashville-based Medical Properties of America. The company has earmarked up to $100 million for buys in five Texas cities.
WALNUT CREEK, CA-The Design Review Commission is approving of Olympic Place, a 117,000 sf commercial project by locally based Blake Hunt Ventures that will include the theater, retail, restaurants and a 600-slip parking garage.
GRAND RAPIDS, MI-A subsidiary of Jack Loeks Theaters plans to create an entertainment park with retail, an IMAX theater and office space on a 40-acre site at Knapp and the East Beltline.
CHICAGO-Milwaukee-based Marcus Corp., which has theater and hotel holdings in the suburbs here, declares its regularly quarterly dividend of $0.055 per share payable Feb. 15 to shareholders of record as of Jan. 25.
PORTLAND-El Segundo, CA-based CB Richard Ellis is one of four firms that bid on the Port's October Request for Proposals. In the end, it was CBRE's Global Logistics Services Group -specifically focused on the transportation logistics industry - that won over the Port.
KANSAS CITY-Gould Evans Goodman Associates promotes three staff members -- Steve Himes, Greg Hugeback and Tom Brenneis -- to associate vice president. They have been with the company from five to 12 years.
HARRISON, NY-Texaco's decision to abandon its corporate headquarters here if its merger with Chevron is approved was not a shock to most in the brokerage field. In fact, most said the news was not as devastating as one might think.
SAN DIEGO-A Virginia-based mortgage lender announced Friday that it has terminated a proposed $90-million cash merger with the firm that it agreed to buy on Nov 7.