Wednesday, November 21, 2012

Sunstone Benefits from Solid Hotel Demand Trends




California





Sunstone Benefits from Solid Hotel Demand Trends



ALISO VIEJO, CA-The company's Q3 numbers showed a 130-basis-point increase in its comparable hotel EBITDA margin and a 15% increase in its adjusted FFO per diluted share.









Santa Teresa Village Shopping Center Fetches $32M



SAN JOSE-Retail Opportunity Investments Corp. based in Maryland has paid $31.6 million to buy Santa Teresa Village Shopping Center, a 124,792-square-foot retail center in San Jose.









Pro Unlimited to Shift Operations to Iron Point Business Park



FOLSOM, CA-Pro Unlimited is shifting its operations to Folsom from Rancho Cordova.









More New Leases at McClellan Business Park



MCCLELLAN, CA-McClellan Business Park has inked four more leases for a total area of 54,000 square feet.






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