Globest Sectors

Circle Towers in Merrifield, Va., are said to be trading for $165 milion.

Over the past 24 months, ending July 15, there have been more than 20 so-called “deconversions” announced in Chicago.

THOR, a local firm, has just completed a sparkling new HQ, which will also function as a community resource for the once-neglected neighborhood.

Last year, the property underwent a $7 million capital improvement program.

In the first half of the year, Skanska purchased a 77,000 square-foot land parcel at the corner of 108th Avenue NE and NE 8th Street in downtown Bellevue with plans to develop a class-A office property.

Gen-Z is much more open to homeownership than millennials, and the oldest segment of the generation plans to buy a home in the next five years.

The joint venture has assembled approximately 232 acres in three phases for a state-of-the-art class A industrial park.

Canadian investors have long been active in the Phoenix market, but market growth is attracting new foreign capital players to the market.