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Top Stories for the Week of March 12, 2007
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Citigroup Bids $10.8B for Japanese Brokerage
NEW YORK CITY-The locally based company looks to increase its ownership of the Nikko Cordial Corp. from its current 4.9% to become the majority shareholder.

Another Bidder Steps Forward for Winston Hotels
RALEIGH, NC-Two weeks after entering a merger agreement with Wilbur Acquisition Holding Co., the locally based hospitality company receives an unsolicited offer from Inland American Real Estate Trust.

Starrett Deal Blocked, But It's Not Over
BROOKLYN, NY-Clipper Equity is not giving up the fight despite HUD’s decision to block the $1.3-billion sale and ‘close’ the door to future Clipper attempts.

$2B Maguire Sale Includes 11 OC Properties
ORANGE COUNTY, CA-Maguire Properties plans to sell 11 of its office projects here as part of a group of 17 properties that it will dispose of to reduce debt.

Accor Selling 91 Hotels in Billion-Dollar Deal
PARIS-Moor Park Real Estate agrees to buy the portfolio of hotels in Germany and the Netherlands, which Accor will continue to operate on 12-year variable leases.

Blackstone Purchases Tussauds For $1.9B
NEW YORK CITY-The purchase will make Blackstone’s affiliate Merlin Entertainments the second largest attraction operator in the world, as a result Merlin plans to accelerate expansion plans.

At $1B, Vail Plans Largest LEED Resort Project
BROOMFIELD, CO-If approved, Ever Vail, a proposed $1-billion multi-use resort village, will be the largest LEED-certified project for resort use in North America.

Sunrise REIT To Appeal Court Decision
TORONTO-The locally based senior living REIT, which has agreed to be acquired by Ventas Inc., says it plans to appeal an Ontario Superior Court decision disallowing a higher offer from Health Care Property Investors.

$713M Loan in Hand for Office-Tower Build
LONDON-Two major European banks agree to provide construction financing for a 41-story office tower that will anchor Heron Plaza, a US $1.92-billion development.

Up to 830,000 SF of Office To Come Online
ELK GROVE VILLAGE, IL-Opus North Corp. is developing up to 830,000 sf of office buildings on 19 acres at Northwest Point Business Park.

Resort Firm Pencils Fall Start for $800M Plan
LAKE BUENA VISTA, FL-A fall groundbreaking is planned for the Ravallo Resort & Conference Center, which will be managed by Interstate Hotels & Resorts.

Comerica's HQ Could Weigh In at 250,000 SF
DALLAS-The search is on for space to accommodate the user in roughly 25,000 sf for now. But there's talk of options for up to 250,000 sf.

Lowe Begins $450M Terranea Resort
RANCHO PALOS VERDES, CA-The 102-acre, 582-room resort overlooking the Pacific Ocean will occupy a site that formerly was the home of the Marineland attraction, which closed 20 years ago.

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Regional Coverage
Northeast     Print Full Region
$300M Mixed-Use Plans Come to Light
$189M Wins Nottingham's Mixed-Use Portfolio
Developer Pegs Steel Site for $175M Mixed-Use
Acadia Plans $120M Brooklyn Project
Boston Properties Wins Russia Wharf for $100M
Herald Square Garage Site To Become 300-Key Hotel
J&J's $100M BTS Launches Arcadia North
Milan Up First in W Hotels' Global Push
Millwork Trading Grows To Take 114,246 SF
State House Square Complex Sells in $98M Deal
Shorenstein Grabs Back Bay Trophy for $91M
SL Green Makes $73M Grand Central Play
CarrAmerica’s Tom Carr Joins Federal Capital
Southwest     Print Full Region
Academy Strikes $102M Sale-Leaseback for HQ
$300M Fund Rolls Out With Florida Purchase
Stacy Furniture Boxes 379,700-SF Expansion
Repositioning Gets 97,930-SF Starting Lease
JV's Uptown Pitch Targets Downtown Landmarks
One Down, One to Go in Texas Exit
Moody Acquires 165,399-SF, Value-Add Office
New Deal Wave Possibly Last Major Round-Up
Deed Turns on 484 Units; $5M Overhaul Coming
237,985-SF Industrial Trio Nabs Nearly $29M
JV's Follow-Up Deal Takes 216 Units for $21M
Midwest     Print Full Region
Opus Plans About 1M SF of Spec Industrial
Oakwood Revises $60M New Medical Campus Plans
190,000-SF Fingerhut Site Redevelopment Set
Firm Purchases 420-Unit Apartment Building
Downtown Buildings Get Live/Work Rehab
SRR Nearly Doubles Space at One South Wacker
Verizon Expanding in Michigan and Nebraska
West Coast     Print Full Region
New Spec Project Set for Southeast Denver
IE’s Largest Sports Arena Takes Shape
Goodwill San Francisco Puts HQ Up For Sale
Oscre Unveils Industry Data Standards
Developer Begins Nearly 2M-SF Project
Verge Aids Downtown Revitalization
Costco Plans 14 New Stores This Year
Downtown Marriott Trades for $115M
Komatsu Plant Trades for Third Time in Three Years
Southeast     Print Full Region
350,000-SF Town Center To Rise at the Villages
Value-Add Buyer Takes 241,000 SF
Construction Set for 130,000-SF Office Condo
Partners Break Ground on $51M Condo Project
New Owner Secures $24M for 288-Unit Complex
Around The Globe     Print Full Region
Lend Lease Tapped for Multibillion Development
Office Park in Czech Republic Sells for $116M
Estimated $113M Industrial Transaction Closes
Quinlan Golub Filling Up IBC II
Huntingdon Buying Alberta Industrial
Johnson & Johnson Inks 70,000-SF Office Lease
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: Colliers' John Carver
ViewPoints: Emergency Preparedness


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