Boston, MA High Street Place, the upcoming food hall, projected to open this fall, shares a first look at its design and early vendor commitments. High Street Place will feature 20 local chefs, restaurateurs, brewmasters, winemakers and coffee roasters; 11 of which have been revealed. The team behind High Street Place includes locally-based Rockpoint Group, Rockhill Management, and Northeast developers and food […]
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Viewing posts from: November 2000
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Three Deals to Know
NATIONAL REPORT—Hotel Business is tracking transactions. Here are the details: Hospitality Properties Trust Acquires Crowne Plaza Milwaukee West in Milwaukee, WI Hospitality Properties Trust has completed the purchase of the 198-room Crowne Plaza Milwaukee West in Milwaukee for $30 million, or approximately $151,500 per key. The hotel will be added to HPT’s existing agreement with […]
Read MoreMARKET HIGHLIGHTS • Subleases are the only value left (if you can find one) • Percent annual rent increase are the new market norm (change from $/SF) = Greater impact on longterm occupancy costs • Landlord allowances are at historically low levels as a % of overall tenant improvement costs • Spec suites are keeping […]
Read MoreBoston Realty Advisors, an independent commercial real estate brokerage and advisory firm, recently announced its expansion into Rhode Island. The firm, based in Boston, has named Christopher Bilotti as Providence manager. Bilotti, a certified public accountant, was formerly the chief financial officer for Boston-based Mount Vernon Co. and owns and manages some 700 multifamily units […]
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