Category: real estate
Starwood To Convert Millbrae Property to Aloft; Also Has Plans for An Element In Phase 2
This is a bit of old news – it was originally announced in mid-September – but Starwood Hotels is converting their Clarion Hotel property in Millbrae, CA (just south of the San Francisco Airport) to an Aloft. In fact this is going to be the first conversion for the Aloft brand, and thats just the first phase of the project, the second phase being a new-build Element hotel.
Perfect Example of the Media Taking A Comment Out of Context
I’m not one to sit and talk about media bias, I hate Fox News, and rarely watch CNN or any other 24/7 news network because I cant stand how news organizations always blow issues out of proportion, or report on an issue totally out of context if the truth. Sometimes they just look for stuff [...]
First Picture & Info on Starwood Capital & Tribeca Associates 53rd Street Hotel Project
After looking at Tribeca Associates website for information on their new hotel project with Starwood Capital, I came across a picture and some basic information on this large project.
Insights into Shopping Center Department Store Leases – And Apple’s Impact On Them
As the Apple Stores located in malls throughout America grow in popularity, the scales of power are starting to tip in their direction and away from the anchor stores.
Revel AC Apparently Revived – By NJ’s Governor Christie
Today’s NY Post has a story about NJ’s Governor Christie successfully persuading Morgan Stanley to give it another shot at funding the unfinished Revel project on the boardwalk in Atlantic City. Morgan Stanley — after failing to raise money for Revel last month — is launching a new $1.15 billion debt offering so Revel can [...]
Wal-Mart Will Expand Via Marketside Concept In Urban Areas
Ever hear of the grocery store chain “Marketside“? Probably not, but it seems as though you will over the coming years. Oh yea, and Marketside is being developed as a new concept by Walmart. Currently Marketside has four stores, each one around 20,000 sqft – a larger than your typical Walgreens or CVS drug store, [...]
Kmart Is Expanding: By Opening Kwash Laundromats
Kmart is testing a new concept called ‘kwash’ which is a laundromat on the side of their Iowa City, Iowa Kmart store. While it sounds good – I’m not sure it is a great idea to bring in more high end/higher paying customers.
Sears Starts Selling/Leasing Excess Real Estate Online
Last week Sears Holding Corporation – the holding company for Sears, Kmart and The Great Indoors (among other brands) – launched a new website for listing their excess real estate online. The site can be accessed immediately at www.shcrealty.com, and right now has over 3,000 opportunities in open and closed locations. This puts Sears on the [...]
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