1501 K St., NW was reportedly sold to an individual firm backed by a high net-worth investor.

The overall performance is positive with strong outlooks for salaries, bonuses and workforce growth forecasted, says FPL Associates report.

Boston Properties reports that the Millennium Management lease brings the 1.6-million-square-foot office tower to 93% leased.

The Portland Design Commission recently named a mass timber office building as a Design Excellence Award recipient, with its construction that achieves larger spans, exposed structure and lower environmental impact.