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Top Stories for the Week of August 25, 2008
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Kolter Group, Och-Ziff Form $1B JV
WEST PALM BEACH, FL-The companies are looking to acquire residential developments throughout the Southeast US.

PGCB O.K.'s New Ownership for Casino Project
HARRISBURG, PA-The gaming board’s 7-to-0 vote sets the seal on an agreement devised to complete a $780-million slots facility in Pittsburgh.

Apollo Increases Capital to $930M for Debt Fund
NEW YORK CITY-The fund was formed in 2006 to originate loans for development, redevelopment and repositioning, and is increasing from $621 million in order to 'make larger investments.'

Devon's $750M HQ Build Reflects OKC's Progress
OKLAHOMA CITY-Experts say the 1.9-million-sf high rise not only will change the CBD skyline, but will solidify the city's ranking as a second-tier metro.

Fannie, Freddie Shares Plunge Again
WASHINGTON, DC-Worries about a government takeover that would leave shareholders with nothing is fueling the drop.

Emaar Unveils $3.2B Mixed-Use Neighborhood
DUBAI, UAE-The project, which will be spread over 44 million sf, will have sustainable design features, according to the developer.

NYC Looks Into Renewable Energy, Windfarms
NEW YORK CITY-Mayor Bloomberg reveals that wind turbines here could serve as new sources of renewable energy; however sources say lawsuits might hinder it from actually getting done.

Prime, HarmInvest Finish $738M MXD Plan
KAPPELN, GERMANY-The company’s plan to build the largest resort, with more than 7,000 guestrooms, in northern Europe

Ports, Energy Add Muscle for Houston's Economy
HOUSTON-The RealShare conference is taking a cue from current and future drivers, allowing experts to probe how long the region can thrive in the face of the US economy.

Heathrow Has Highest Industrial Rents in World
LONDON-Also, several Asian port cities command warehouse rents at more than $15 per sf, according to a mid-year Colliers report.

Judge Dismisses Bulk of Claims Against Harcourt
LAS VEGAS-The local plaintiff plans to file a series of amendments in its suit against the supposed Ireland-based financier regarding a failed residential-over-retail project.

Leading Growth Region Faces Economic Change
ONTARIO, CA-The Inland Empire chalked up some of the nation's biggest growth numbers before the downturn. Industry leaders now pose a host of questions for the two-county region east of Los Angeles.

Retailers Find Bright Spots in Downturn
KISSIMMEE, FL- A slowdown in development and a focus on smaller boxes will keep vacancy rates relatively healthy, speakers say.

Print Top Stories

Regional Coverage
Northeast     Print Full Region
NYU Closes on $275M Dorm Buy
NJSEA Refinances $225M of Bonds
$200M Soccer Stadium Moves Ahead
42-Story Condo Tower Nears Completion
Governor Approves $200M Aquarium
Ward: Region Must Think 30 Years Ahead
Forest City Closes $167M Financing for Build
435,000-SF Mall Sets Opening
Dirt Moves on $135M Apartment
$100M Funds Two Construction Projects
220,000-SF Gold LEED Delivers in Loudoun
494,000-SF Fully-Leased Office Hits the Market
Southwest     Print Full Region
Pennybacker Exec Unfurls Changes for $250M Fund
240-Unit Villas Purchase Closes Out $154M Fund
Scruggs Changes Firms; 400,000 SF Goes Along
Golden Gate Plans $132M Macaroni Grill Buy-Out
Younan Wins 2-Year War Over Dallas Hotel Pact
Valhalla Negotiating New Deal for $110M Hotel
ML Realty's All-Cash Bid Takes 1M-SF-Plus Stack
Humphreys' e-Urban Plan Ready for $100M Debut
Decker Jones Law Firm Renews, Expands HQ
Spear Street Lands Deed for 1M-SF-Plus Package
Ground Breaks Thursday on AAA Provider's BTS
St. Ives, Land Plan Dig Into 89,883-SF Project
Midwest     Print Full Region
Cabela’s Mum on Anchoring $400M MXD
Jameson and CRF Merge to Form Powerhouse
Continental Plans $200M New Outlet Center
Pilkington Takes 401,348-SF Site in Big Run
Forum Plans $175M MXD Along Highway
Hilco Holdings LLC To Sell Five Properties
BP Signs 10-Year Office Lease for 225,000 SF
Intercontinental Buys 353-Unit Site for $30M
Frankfurt To Head Chicago’s TCC Office
Brighton-Best Completes Warehouse Lease
BP Leases 64,000 SF for Development Center
West Coast     Print Full Region
Emmett REIT Arranges $365M Portfolio Refi
Pacific Office JV Buys 1M-SF, $195M Portfolio
New Golden Nugget Tower Underway
Legacy Passing on 488 Almaden
Gap Cutting Square Footage By Up to 15%
Harp Group Buys 802-Room Sheraton for $97M
Penta Retracts Golden Nugget Tower Info
Kennedy Wilson, Emerald Sell 31 Condos at Auction
SNK Finalizes Financing for Condo Project
OWR-Edmunds JV Unveils 3000 Plaza Condos
Unsolicited Offer Produces 150,000-SF Sale
Seagate Clean Room Facility Up for Sale
Southeast     Print Full Region
ICSC Panelists Urge Cooperation
NYLO Plans 50-Hotel Expansion
Winthrop Invests in 6-Building Campus
Slowdown Affecting Local Office Demand
Fowler Acquires First Southeast Community
Around The Globe     Print Full Region
Time Equities Tickets Toronto for Niche Play
193,750-SF Landmark Hits Bull's Eye of CBD Need
Wagon Works $58M Manufacturing Sale-Leaseback
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: GFI Capital’s Rubackin
Commentary: Passco Companies’ Carey Levy


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