Regions Southeast
Orient-Express Hotels, The Related Group to Form Partnership to Develop Hotels, Residences
July 8, 2008

Orient-Express Hotels Ltd. has signed a letter of intent to establish a 50/50 strategic partnership with The Related Group to develop hotels and residences in South Beach Miami, Cartagena, Colombia, and Panama City, Panama, the companies said today. The proposed partnership plans to develop and operate multi-use projects that will include hotel, branded residential and commercial components. The letter of intent contains a 90-day exclusivity period and is non-binding until detailed negotiations are completed.

 
Recent Southeast Headlines
Grubb & Ellis Realty Takes 312-Unit Atlanta Area M-F
Sept. 08, 2008
Grubb & Ellis Realty Investors has purchased The Retreat at Peachtree in Peachtree City, Ga., a suburb of Atlanta.
Design Plans Unveiled for $450M Arts Center in Orlando
Sept. 05, 2008
Plans for the development of the Dr. P. Phillips Orlando Performing Arts Center move forward with the unveiling of the design for the 330,000-square-foot project.
Miami Medical Office Building Trades at $316 Per-SF
Sept. 05, 2008
The 53,700-square-foot Sunset Professional Center at 6280 Sunset Dr. in Miami has come under new ownership, courtesy of a transaction valued at approximately $17 million.
Grubb & Ellis Acquires The Retreat at Peachtree City
Sept. 04, 2008
Grubb & Ellis Realty Investors L.L.C. has acquired The Retreat at Peachtree City, a 312-unit multifamily community in the Atlanta suburb of Peachtree City, on behalf of tenant-in-common investors.
Gustav Not as Severe as Katrina
Sept. 03, 2008
Context is everything, and hurricanes appear to be no exception. Though Hurricane Gustav’s impact on the Gulf Coast in Mississippi and Louisiana wasn’t a love pat, locals mostly seem grateful that the damage it caused, already estimated at possibly up to $10 billion, is a fraction of that created by Hurricane Katrina three years ago.