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FAIRFAX, VA-The company, continuing its strategy to sell its real estate to pump up the growth of its proprietary brands, sold the Wellesley Inn here to Elite Hotels LLC, based in Annandale.
CHICAGO-Tax records indicate Commonwealth Edison pays more than $5 million for a parking lot at the southwest corner of Taylor and Jefferson Streets, part of the former Chernin's Shoes portfolio that continues to undergo a transformation.
SPOKANE, WA-The 48-unit White Pine Lodge will be located in the heart of the Schweitzer ski-resort near Sandpoint, ID. The three-hour weekend sales event was held at The Davenport Hotel in Spokane last weekend.
ROSEVILLE, CA-Roseville Mayor Claudia Gamar tells GlobeSt that part of the city's attraction "is that we have our own electric company, and that takes away some of the fears and concerns businesses as well as residents have in coming to the city.
ANN ARBOR, MI-A new lab, science and administrative building promise to bring new space and ideas to the drug company, says a spokeswoman. However, further expansion may be needed.
SAN DIEGO-The local chapter of BOMA, the organization that represents office building owners and managers, has signed a deal with a public relations firm to help manage and recruit new members.
BOCA RATON, FL-The investment fund now owns slightly more than five million shares in the locally based developer and operator of wireless communication towers. Boca Raton is 42 miles north of Miami.
PORTLAND-Ralph Stanley, the Bechtel Enterprises vice president credited with pulling together the deal that resulted in Portland's new airport light rail line and the related 120-acre CascadeStation commercial development, died of cancer last week at the age of 49.
DETROIT-More than $1.8 million is awarded to fund five development projects in Albion, Flint, Grand Haven, Monroe and Ypsilanti. Half the money will help fund Flint's $88-million redevelopment project.