Carey Watermark Investors has acquired Hawks Cay Resort in the Florida Keys for $133.8 million. Carey Watermark says it plans to invest $15.6 million in capital improvements to the property, which includes 177 hotel rooms and more than 250 villas. The resort will be managed by Pyramid Resort Group. Read the GlobeSt.com story here.
Skanska completes Portsmouth Marine Terminal offshore wind upgrade
Skanska has completed the redevelopment project for the Virginia Port Authority, upgrading 72 acres of Portsmouth Marine Terminal (PMT) and 1,500 feet of wharf that now serves as an offshore wind staging
