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	Top Stories for the Week of January 8, 2007	Print Full Issue
	Click Here For Regional Coverage $3B Aztar-Columbia Merger Closes LAS VEGAS-The Phoenix-based owner of the Tropicana Casino resort here becomes part of Winmar Tahoe Inc., the gaming affiliate of Fort Mitchell, KY-based Columbia Sussex Corp. Lexington, Newkirk Merger Closes NEW YORK CITY-The combined company will now be known as Lexington Realty Trust and has a portfolio that includes more than 360 properties. CBRE-TCC Internal Changes Swing Into Action DALLAS-Coast to coast, it's been a week of change as teams come together. In Dallas, CBRE's Rich Pogue decides it's time to move on. Cargill Fills Bulk of New 700,000-SF Complex HOPKINS, MN-Opus Northwest plans three offices on the site and leases at least two to Cargill. The tenant's new space will serve a major consolidation push. Delek Buys 47 Hotels From Bank TEL AVIV-A unit of locally headquartered Delek Real Estate and partners agree to acquire a Marriott hotel portfolio in Britain from the Royal Bank of Scotland for $1.69 billion. $889M State Street Sale Marks Start of Strong 2007 BOSTON-The sale of State Street Financial Center to an affiliate of Fortis Property Group for $889 million signals a strong start for the New Year in Boston’s commercial real estate market. $792M Moves Spanish Mixed-Use Portfolio MADRID-The portfolio totals 3.23 million sf and is comprised primarily of office and industrial properties in Barcelona and Madrid. Fortis Gains $775M for State Street Acquisition BOSTON-The new owner of the State Street Financial Center, Fortis Property Group, will get $775 million in financing to fund the $889-million acquisition of the one-million-sf trophy asset. Two British Companies Convert to REITs LONDON-British Land and Land Securities became eligible to convert to REIT status on Jan. 1 after a change in government legislation. World Publications Fills 252,070 SF EAST BRIDGEWATER, MA-Specialty multi-media company World Publications moves into 252,070 sf of warehouse space in East Bridgewater later this month, making the company the largest tenant. AIG Signs 250,000-SF, Long-Term Lease NEW YORK CITY-The insurer plans to combine several office locations in the Financial Square office tower, which is located across from the South Street Seaport. Chicago Group Hawking 3,319-Unit Portfolio HOUSTON-The partnership, setting up a market exit, brings out 12 class A properties in the CBD, Westchase, Medical Center and Energy Corridor. JV Pumping $500M Into Portfolio Buy, Rehab PHOENIX-Alliance Residential and AEW Capital Management will reposition and re-brand the 3,959 units as Broadstone properties. JV Buys 3,959-Unit Portfolio in Southwest PHOENIX-Alliance Residential and AEW Capital Management acquire 15 properties in Arizona, New Mexico and Nevada. Macerich Sells Three Malls for $390M SANTA MONICA, CA-The shopping center REIT sells properties in Colorado, Oklahoma and Arkansas to a newly formed entity called Midwest Mall Properties that plans other acquisitions. Print Top Stories

Regional Coverage
Northeast     Print Full Region • Hersha Closes on $169M LodgeWorks Portfolio • Home Properties Scores 1,387 Units for $145M • Phillips-Van Heusen Expands at 200 Madison • High Point Insurance Leases 117,000 SF • East Penn Plans $130M Expansion • NYC Mayor Approves New Tax Abatement Law • UBS Global Fund Acquires Norwalk Complex for $70M • Preferred Sells Spring Mill Complex for $61M • Davoren Takes Turner's Reins as CEO	Southwest     Print Full Region • Lincoln Prop. Scores 651,882-SF Portfolio Win • Lee Named President Of Pru Relo • Construction Pace Picks Up for $500M Plan • California Buyer's $115M Lands 2,265 Units • JV Adds 35 Acres to Mixed-Use Plan • One Down, One to Go in Hotel Disposition • Deed Turns on 261,431-SF One Riverwalk Place • Op Fund Places $28M Bet on Value-Add Assets
Midwest     Print Full Region • Newcastle Starts $500M Portfolio With Area Buy • Whirlpool Sells Former Maytag Facilities • WestPac, Related Buying Snowmass Base Village • Large Cold Storage Facility Sells for $63M • JV Building Two Spec Buildings for $25M	West Coast     Print Full Region • Opus NW Sells 500,000-SF Warehouse Development • EOP Buys Page Mill Center for $84M • AMB Plans 24-Building Small Biz Park • PM Realty Adds 310,000 SF to Portfolio • CityCenter Condos Released to Public • Harsch Expands Henderson Commerce IV • Sares-Regis Sells 511,000 SF for $34M
Southeast     Print Full Region • Distributor Expands HQ Space by 112,000 SF • $288M Pushes Condos Project Toward Finish Line • Lennar, LNR Add New Partner in $3B-Plus Deal • Regency Closes on First Phase of $1B-Plus Fund • Nearly 500,000-SF Industrial Asset Finds New Owner • Parkway Spends $93M in Metro Area Spree • Post Sells Two Apartment Complexes for $57M	Around The Globe     Print Full Region • 194,000-SF Office Building Fetches $341M • 2,700 Acres in Dominican Republic Changes Hands • GE Units, Pirelli RE Acquire Bad-Loan Portfolio • Morguard Selling 2M-SF Industrial Portfolio • Michelin Taps ProLogis for Warehouse Project
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