BOSTON-Fifteen years after a developer was first selected to turn South Station into a transportation and commercial hub, the proposed project moves closer to reality as final impact reports are filed with the state and city. The reports, which respond to concerns about the 1.8-million-sf, mixed-use project, are the final step before permitting of the project can begin.

HOUSTON-The Massachusetts REIT pushes its local portfolio to 1.3 million sf of class A office space with the purchase of the 92%-occupied Phoenix Tower in Greenway Plaza. Based on recent sales, the asset probably went for $100 million or more.

MINNEAPOLIS-Continuing its disposition of US assets, KanAm Group taps a New York brokerage firm to find a buyer for the 690,000-sf five-year-old building acquired by its public US fund six months ago for $282 per sf, a record high for the Minneapolis area.