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Top Stories for the Week of May 21, 2007
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Broadway Partners Takes 24 Buildings for $5B
NEW YORK CITY-The 1.2-million-sf Park Avenue Atrium here is among the purchased properties.

SW Buzzing Over $3.7B, 7M-SF Deal
MOUNT VERNON, AL-Speculators have been circling the area since the state made the finals. Now that it's reality, it's sure to heat up.

Aliana Development Digs Into $1.5B Mixed-Use
RICHMOND, TX-Ground breaks today on the 2,000-acre Aliana, which has 500 acres earmarked for two million sf of commercial space.

Fall Groundbreaking In Works for $1B Mixed-Use
TEMPE, AZ-A partnership forges ahead on Pier at Town Lake, a 3.65-million-sf plan for office, residential, retail and possibly hotel space.

Trump Entertainment Considering Buy-Out
ATLANTIC CITY–After multiple failed attempts to develop new casinos, the gaming operator has suitors for an acquisition.

Harrah's, Buffett Unveil $700M Gulf Coast Resort
BILOXI, MS-The 378-room Casino Magic Biloxi will expanded by 420 rooms. The first phase includes a 100,000-sf casino and 250,000 sf of retail.

Marathon Real Estate Files $200M IPO
NEW YORK CITY-The firm, which is managed by Marathon Asset Management, applies to be a real estate investment trust traded under the ticker symbol MRR.

Akridge, Soave JV for $600M Loudoun Plan
WASHINGTON, DC-The mixed-use development will contain 2.4 million sf of office, retail and hotel once complete.

676-Acre Industrial Site Hits the Market
NEW YORK CITY-The site is said to be the largest undeveloped waterfront plot in the city.

Investcorp Acquires 96% Hotel Stake for $450M
NEW YORK CITY-The local company purchases the majority interest in eight hotels from the Procaccianti Group, which owns 50 hotels in the US.

SL Green Sells Clock Tower for $200M
NEW YORK CITY-Africa Israel will take the 267,000-sf building and continue plans to convert the office property into a luxury residential building.

Bill Clinton Stresses Green Agenda
NEW YORK CITY-At Cushman & Wakefield’s forum Wednesday the former president encouraged the RE industry to make choices today toward sustainability.

Experts Debate Market's Rebound
BOSTON-The future of Massachusetts stirs debate among economists, lenders and commercial real estate professionals at RealShare Boston yesterday.

Real Estate Florida Grows Advisory Board
NEW YORK CITY-Real Estate Media's newest initiative names 11 new professionals to its editorial advisory board; bring the total to 19.

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Regional Coverage
Northeast     Print Full Region
Linear, Principal Retail Fund Halfway to $300M
Penguins Pick HOK Sport for $290M Arena
Kettler Acquires Pentagon Acreage for $220M
$160M Trump Parc Project Breaks Ground
Urstadt Calls for 50-Acre Battery Park City North
Rudin Family To Develop St. Vincent’s Hospital
Griffith, Urdang Buy 200,000-SF Office Building
119,000-SF Industrial Building Trades Hands
Southwest     Print Full Region
Motorola Puts 800,000-SF BTS Plan Into Motion
$100M Equity Play Eyes Tail-End Buys, Bail-Outs
PGGM Earmarks $100M for Behringer Harvard JV
$77M Town Square Project Gets Under Way in July
Port Boards Eyeing Options for 1,120 Acres
Moody National Will Build $35M, 200-Unit Tower
Spire Realty Selects JLL To Lease Nearly 2M SF
Midwest     Print Full Region
Blackstone Readies Opera Sale, Signs Tenant
AIC Completes SLB as Part of $300M Fund
GFI, Square Mile Purchase Five Apts for $95M
West Coast     Print Full Region
Houk JV Unveils $1B Downtown Condo Plan
JV of Prudential, Pacific Castle to Invest $500M
$312M Fireman’s Fund HQ Sale Closes
Lennar JV Builds Condos With $171M Funding
New Urban Properties Acquires 625 Market
CIP, Buchanan JV Invests $115M in Vegas Industrial
Southeast     Print Full Region
Sky Gets Thumbs Up for $300M Mixed-Use Project
Equastone Enters Market With 624,642-SF Buy
Ram Realty Pencils $75M Condo Project Downtown
Cypress Creek Subsidiary Targets 50-Acre Plus Sites
Around The Globe     Print Full Region
Morgan Stanley Plunges Into Poland CRE
CBRE Subsidiary Buys UK Office for $22M
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: Tom Menino


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