Host Hotels & Resorts has reportedly agreed to sell the Philadelphia Marriott Downtown hotel to Clearview Hotel Capital and Oaktree Capital. The purchase price is said to be between $300 million and $310 million. The 1,408-room property completed a $54 million refurbishment in 2011. 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