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PHILADELPHIA, PA—The former Four Seasons Hotel in Center City has reopened as The Logan Philadelphia, joining the Curio – A Collection by Hilton chain following a multi-million dollar renovation.
OLD BRIDGE, NJ—Retail vacancy rates in northern and central New Jersey during the latest quarter rose to a combined 8.4 percent from 7.4 percent last year, driven mainly by the A&P bankruptcy says R.J. Brunelli & Co. CEO Ron DeLuca.
NEWARK, NJ—City National Bank, one of the ten largest African-American-owned banks in the country and a Newark-born institution, has leased a new 13,000-square-foot location in Newark's historic Hahne & Co. Department Store redevelopment project.
ARLINGTON, VA—Now that it has a way forward to buying the Edison Complex, Virginia Hospital Center can consider a master plan to expand its North George Mason Drive campus.
CHICAGO—Once known primarily as an office tower dedicated to firms that worked on the city's trading exchanges, the CBOT building now hosts a diverse array of tenants
NEW YORK CITY—With this month's payoff on the $300-million Bush Terminal loan serving as an example, Fitch Ratings says it continues to expect no recoveries from so-called "hope notes."
DALLAS--KBS Strategic Opportunity REIT, in a joint venture with Dallas-based Encore Hospitality LLC, has acquired the Q&C Hotel in New Orleans, LA for $51.2 million.