-
Smithfield sells five Chicago properties
Smithfield Properties has sold five properties in Chicago to the Acadia Realty Trust for $150 million, reported the deal’s broker, Mid-America Real Estate Corp. The properties were: • North Kingsbury Center on the corner of North Avenue and North Kingsbury Street, with tenants including Old Navy, Pier 1 Imports, Blick Art Materials, and Modani Furniture. -
Hotel construction begins at One Daytona
Construction has started on the first hotel at One Daytona, the $120 million-plus project going up next to the Daytona International Speedway in Florida. The 105-room Fairfield Inn & Suites being erected by Shaner Hotel Group is a short walk from the track. It will be joined by a Marriott Autograph Collection hotel to be called The Daytona.

