In yet another sign of strong hospitality development winds here, a group of hotel-industry veterans has purchased a 1.56-acre Sunnyvale site where they are looking to build a new hotel. A partnership that includes local hotel developers Kelly Heil and Bob Longinetti, as well as Dewey Weaver of the hospitality firm InterMountain, paid about $5 million for the site at 861 East El Camino Real. The seller of the property, currently leased to Summewinds Nursery, was a family trust. The hospitality…
Reported by bizjournals 3 hours ago.
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