Globest Sectors

ZION, IL-The City of Zion plans to replace a fire station with 23,000 sf of retail space, 42,000 sf of office space and 32,000 sf of residential or hotel space.

NEW YORK CITY-Even with the credit crunch and a slowdown in leasing in the third quarter, Manhattan office rents hit an all-time high.

The Freeze Act was passed to protect taxpayers from the need to file and prosecute annual tax appeals. It has become crucial that taxpayers have a clear understanding of how the Freeze Act works.

DETROIT-The new facility is one of three permanent resort casinos that will open with 400 hotel rooms each by next year.

HOUSTON-Glimcher sells a second mall to a local buyer and the last one that it had up for sale in the city. This time, the 794,104-sf Northwest Mall passes to Levcor Inc.

DALLAS-On closing day, Advenir renames Heights of Lake Highlands and jumps into a $1.8-million renovation. The buyer is holding another contract in its bid to buy 4,000 units.

MINNEAPOLIS-The sponsor company says leasing the older buildings is more profitable than building new in a tight market.

DARIEN, IL-The four-building property has a total of nearly 176,000 sf of office space, which is 97% occupied, and a 1.7-acre parcel of undeveloped land.