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Your complete design, construction and facility operations information source for major commercial construction.

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WineStyles owners Bryan and Andrea McGinness shows us how they are taking the coveted franchise brand to the next level. Read its story and much more in our May/june 2015 issue.

Today in the news

Chatham buys two Residence Inn hotels
posted on Jul 29 15

Real Estate Investment Trust Chatham Lodging Group recently purchased the Residence Inn Fort Lauderdale Intracoastal/Il Lugano and the Residence Inn Boston from Claremont Cos. The purchase price was $55.5 million, or about $298,000 per room. Read the GlobeSt.com story here

Posted by: Mike Pallerino
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Acme Markets adds new markets with purchase of 76 A&P stores
posted on Jul 29 15

Acme Markets will expand its footprint in current markets and enter new markets with the purchase of 76 A&P stores. The deal with A&P, which recently filed for bankruptcy, includes Superfresh and Pathmark banners located in eastern Pennsylvania, New York, southern New Jersey, Connecticut, Delaware and Maryland. Read the Progressive Grocer story here

Posted by: Mike Pallerino
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Raley’s may enter urban market with smaller-format store
posted on Jul 28 15

The Raley’s supermarket chain is exploring various sites in downtown Sacramento, Calif., for smaller-format, farmer’s-market-style stores that would serve the unique needs of urban consumers. The store would be a return to the downtown area for Raley’s, which had a supermarket in midtown during the 1980s, and the company sees new development in the area as an opportunity for expansion and growth. Read The Sacramento Bee story here

Posted by: Mike Pallerino
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Hotels evolve in bid to bring in more millennial business
posted on Jul 28 15

The sheer size of the millennial generation makes it a key segment the hospitality industry wants to attract, leading to investment in social media, technology and makeovers. Read the Advertising Age story here

Posted by: Mike Pallerino
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Source: Chinese hotel groups to merge, possibly acquire Starwood
posted on Jul 27 15

What will soon be the biggest hotel group in China, to be created by the merger of the Plateno Group and Jin Jiang Hotels, is considering the purchase of Starwood Hotels & Resorts Worldwide. A source says that the acquisition would create world’s biggest global hotel group. Read the HotelsMag.com story here

Posted by: Mike Pallerino
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