NEW YORK CITY—From 2010 until last year, famed institutions across the city's five boroughs spent considerable funds on new construction, renovation and alteration, according to a new report.

BUFFALO, NY—A new property of the Starwood brand will be built as part of the new corporate headquarters for global hospitality firm Delaware North in downtown Buffalo.

SPARTANBURG, SC—Drug store retail chain Rite Aid Corp. reports it plans to build a new 900,000-square-foot distribution center here, the first new distribution facility in 15 years for the Camp Hill, PA-based firm.

DALLAS—The North Texas Commercial Association of Realtors is set to honor two local leaders – Robert Shaw of Columbus Realty and Terry Montesi of Trademark Property Co. – as inductees into the 2015 Commercial Real Estate Hall of Fame.