Host Hotels & Resorts has acquired the fee-simple interest in the Hyatt Place Waikiki Beach in Honolulu. The purchase price was $138.5 million. The 426-room property will remain under management by Kokua Hospitality. Read the HotelsMag.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