Commercial

Minnesota’s Tallest Office Tower, IDS Center, Sells for $253 Million

Minnesota’s tallest office tower, the 57 story IDS Center has sold for $235 million to a consortium of commercial property investors in a partnership deal. The consortium includes Florida-based Beacon Investment Properties, LLC, Tel Aviv-based Harel Insurance Investments & Financial Services Ltd. and Menora Mivtahim Insurance Ltd.

Sydney’s Bondi Beach Gearing Up For Green Makeover

One of the world’s most famous and beautiful beaches, The Bondi Beach in Sydney is soon going to get a new green facelift. A new draft proposal released on Tuesday, April 30 by the officials at the Waverly Council, on Tuesday, April 30, paints an ambitious picture for the future of the tourist attraction.

Update: Empire State Building IPO Battle Nearing Settlement

The much-talked about and controversial IPO of New York's Empire State Building’s court battle is all set to start on Monday, April 29 as a New York State Supreme Court judge; Justice O. Peter Sherwood may give his final verdict on a proposed IPO settlement deal.