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Top Stories for the Week of September 25, 2006
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PA Takes Freedom Tower; Confirms 600,000-SF Lease
NEW YORK CITY-'The time has come to build,' says PA chair Coscia, as both the Port Authority and Silverstein Properties agree to major rewards and major penalties.

Cape Town Waterfront Sells for $1B Plus
CAPE TOWN-The 1.5-million-sf mixed-use development trades for $1.3 billion in what is being touted as the country's largest deal ever.

Westfield Details Plans for $3B London Mall
LONDON-Westfield unveils plans for its flagship European mall, the euro 2.4-billion ($3-billion) centre at London’s White City.

REIT Buys TravelCenters for Nearly $2B
WESTLAKE, OH-The deal comes just four months after TravelCenters reaffirmed its commitment to seek out a new investor.

REITs Rank as Most Influential RE Milestone
NEW YORK CITY-Respondents to a new Real Estate Forum survey rank trusts as the most influential occurrence in 60 years. Coming up, they say, is China's growth.

NBA Star Teams Up With Developers of $1B Project
MIAMI-Miami Heat basketball player Shaquille O’Neal forms the O’Neal Group and teams up with locally based MDM Development with its development of the $1-billion mixed-used Metropolitan Miami project.

Theme Park Vets Plan Billion-Dollar Resort
LAS VEGAS-Former Disney and Universal Studios employees plan a mega-resort including a ski dome, two hotels, an event arena and a casino.

Belgian Gov’t Locks In on $1B-Plus JV
BRUSSELS-REIT Cofinimmo and the Belgian government plan a new joint venture company with euro 1.2 billion ($1.5 billion) of state assets. The JV will be listed on the stock exchange next year.

London Landmark on Block With $1B-Plus Price Tag
LONDON-Maybe the new owners can do something about the nickname, but first they'll have to buy the Erotic Gherkin from Swiss Re.

Crescent JV Puts $1B Buying Pool Into Play
FAIRFAX, VA-Crescent Hospitality, Allied Capital and LCP Group launch the hotel group by closing on the 227-room Detroit Marriott Livonia.

Print Top Stories

Regional Coverage
Northeast     Print Full Region
Two Multifamily Plays Top $360M
Interest Could Push Parking Garage Sale Over $200M
Industry Says PA Chief Spoke Out of Turn
Mills’ Xanadu Financing Date Delayed
JV Readies 322,000-SF Capitol Hill Spec Plan
Downturn Signs Don’t Get Execs Down
Sunrise Seals Portfolio Deal With $222M Loan
Clarendon Grabs 265 Franklin St. in $170M Deal
Resort's Restoration Cost Climbs to $108M
Global Hyatt Acquires Midtown Asset for $136M
Hampshire Picks Up $185M Credit Facility
1M-Plus-SF Mall Will Add 100,000 SF
Crescent Fund Has $200M Plus Under Contract
Southwest     Print Full Region
Developer Gets Last Parcel for 1M-SF Plan
Duke Plots 3M-SF Mixed Use on 185-Acre Claim
Ashford Eyes Flips, Flags for $268M Deal
$98M Off-Market Deal Reels In 329,740 SF
Buxton Rolls Out Retail Development Group
Aetna's Regional HQ Gets $100 Per SF Plus
Value-Add Firm Buys 1,336 Class C Apartments
Rockefeller Plans 860,000-SF Flex Industrial
About $53M Wins 277,000-SF Power Center
Shore's Developer Gets $50M to Go Vertical
Midwest     Print Full Region
Elysian Begins $275M Hotel/Residential Condo
McShane/MetLife’s 950,000-SF Plan Takes Shape
REIT Closes On 936,568-SF Office Portfolio
First Industrial Set to Raise Up to $200M
Duke Buys 258 Acres for Butterfield East
C&W Forms Alliance to Grow Retail Platform
Two Industry Heavyweights Merge
Liberty Adds 754,231 SF to Midwest Portfolio
Associated Estates Nails Down $132M Refi
Harbor Confirms Asset’s $91M Price Tag
Analyst Sees Risk in GGP Land Cash Flow
West Coast     Print Full Region
Alliance Seeks to Double $750M Pipeline
Transamerica Keeps 260,000 SF Downtown
Corus Funds $123M Condo Construction Loan
Tishman Speyer Buys $93M Office Building
Bentley Forbes Sells $81M Portfolio
Lowe Fund Buys 138,000-SF Office Building
Littleton Office Building Trades for About $40M
Dirt Moves for Third World Market Building
Southeast     Print Full Region
237-Key W Hotel To Rise Downtown
$97M-Plus Finances Five-Building Acquisition
Nearly 500,000-SF Office Portfolio Sale Tops $97M
REIT To Acquire Ritz-Carlton for $79M Plus
REIT Sells 235,000-SF Office Asset for $62M Plus
FAA OK’s Airport Move to 4,000 Acres
Newmark Knight Frank Plants Flag in Nashville
Sperry Van Ness Forms Alliance With New Miami
Two Multifamily Assets Trade for $41M
Around The Globe     Print Full Region
Tokyo Offices Sell for Record $2B
Henderson’s Laing Buy Nears $2B
Istithmar Links Up With AIG
Reichmann Steps Down From IPC
Park Hill Sets Up New Hedge Fund Unit
Europe Set to See First CRE CDOs
Departments
Executive Watch: Executive Watch
UpClose: Harrison's Chris Merrill


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