Globest Sectors

TOKYO-The 60 luxury units will be constructed by a private partnership on the five-acre property's northwestern side.

NEW YORK CITY-After 40 years of owning and maintaining the 40,000-sf Queens property, the Schneider family sheds it at 13 times the gross rent.

EAST RUTHERFORD, NJ-The naming rights to the 15-story landmark tower are tied to a 93,000-sf availability involving the top three floors.

HONOLULU-The Portland, OR-based investment firm buys the Pacific Park Plaza office center on a long-term ground lease.

FONTANA, CA-Locally based developer Carter Creek LLC is building the commercial and industrial project.

PHILADELPHIA-Twin towers will be connected by a seven-story base with an aggregate of up to 900,000 sf of retail and office space.

WASHINGTON, DC-Most lease activity in the Capitol Hill submarket has been renewal, making this deal an exception to the norm.

NORTHVILLE TOWNSHIP, MI-Township officials are not happy with the proposed development, and the effort to build on the former hospital site may end up in court.