James Wright

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  • Economy Watch: Hotel Development Still Strong

    Hotel planning and construction in the U.S. grew again in May, with more than half a million rooms under contract across nearly 5,000 projects, according to a recent STR report.

    16 June 2017 13:02
  • IHG to Launch New Midscale Brand

    The hospitality chain aims to address an underserved group of 14 million potential guests who are hungry for a high-quality yet competitively priced experience. Development costs are estimated at $85 to $90 per key.

    23 June 2017 11:57
  • EMMES Nabs OC Towers in $220M Value-Add Deal

    The property marks the firm's third acquisition in the Orange County market, although the company exited the region in 2015, when it sold 4000 MacArthur in Newport Beach.

    03 May 2017 12:36
  • Investcorp Adds $160M to Chicago, Boston Portfolios

    The company has acquired six industrial properties totaling approximately 1.8 million square feet of warehouse and distribution space.

    26 April 2017 10:43
  • Economy Watch Weekly: Retail Bankruptcies Already Equal to 2016 Total

    The rise of e-commerce, oversupply of shopping centers and changing Millennial preferences are among the key factors forcing many retailers to close up shop, reports Economy Editor Dees Stribling.

    18 April 2017 13:38
  • Indianapolis: Full Speed Ahead

    Demand for apartments continues to be strong, thanks to the locale’s relative affordability. The city’s high-quality education system and skilled workforce attract residents and employers, propelling economic growth.

    07 July 2017 07:54
  • WPG to Revamp Indiana Mall

    Washington Prime Group intends to spend $17 million on the transformation of Markland Mall into a hybrid shopping center, which incorporates both enclosed and open air spaces.

    21 July 2017 19:27
  • CBRE Brings New Tenant to Coral Gables Campus

    The 462,888-square-foot office complex located at 800 S. Douglas Road received LEED Silver certification in 2009 and underwent a $7 million renovation in 2015.

    02 May 2017 14:23
  • Dual-Branded Hilton Hotel Comes to Charlotte

    Managed by Chartwell Hospitality, the 270-key Hilton Garden Inn Charlotte/SouthPark and Homewood Suites by Hilton Charlotte/SouthPark is located in the state’s major commercial hub, SouthPark.

    11 September 2017 20:15
  • ACC San Gabriel Campus Tops Out

    Austin Community College’s 100-acre project will be the district’s 12th campus and will feature the institution’s second ACCelerator learning center, a high-tech learning lab designed for individualized learning and small group sessions.

    06 June 2017 15:03