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	Top Stories for the Week of June 4, 2007	Print Full Issue
	Click Here For Regional Coverage Archstone OKs Tishman, Lehman $22B Bid DENVER-The duo from New York City is paying $60.75 per share for the locally based company in what is being called the largest privatization transaction in the multifamily REIT sector. Morgan Stanley To Take Investa for $3.9B NEW YORK CITY-The Australian firm has A$7 billion of assets under management, including A$4 billion of office space. Genesis Shareholders OK $1.9B JV Bid KENNETT SQUARE, PA-The original bidder gains the healthcare REIT after a rancorous process that pushed the offer from $63 to $69.35 a share. Sands Seals Deal for $5B Credit Facility LAS VEGAS-Las Vegas Sands LLC enters a new agreement governing its $5-billion senior secured credit facility. CBRE To Be Carbon-Neutral by 2010 NEW YORK CITY-In addition CBRE will act as a green advisor to owners of the 1.7 billion sf of properties the firm manages worldwide. C&W To Acquire Stake in Sonnenblick NEW YORK CITY-The preliminary agreement is part of C&W’s goal to overall grow the company and specifically to strengthen its debt and equity platform. Blackstone To Sell Chicagoland Portfolio CHICAGO-About 15 properties in Chicago and surrounding suburbs will be sold with prices expected at more than $200 per sf. BlackRock Equity Fund IPO Raises $2B NEW YORK CITY-In this first offering, 98.5 million shares sold at $20 per share. The fund is trading on the NYSE under the symbol BGY. Casino To Close Along With $1.2B Sale LAS VEGAS-The 34.5-acre New Frontier casino resort will be permanently shuttered by the time the sale of the property closes escrow in August. Trump, Irongate Project Gets Hypo Financing HONOLULU-Donald Trump and Los Angeles-based investor-developer Irongate pick up a $442-million construction and mortgage loan for the Trump International Hotel & Tower Waikiki. Lex-Win To Take 25M Shares of Wells REIT NEW YORK CITY-The JV will pay $225 million for the shares. The Lex-Win offer comes just days after Wells REIT filed with the SEC to trade on the stock exchange GHP/Benerofe Takes 2M-SF Verizon Portfolio WHITE PLAINS-Sources put the multi-state portfolio of 16 office and industrial buildings, and one parcel of land at about $150 million. MRP/Rockpoint Reveal $600M NoVa MXD ALEXANDRIA, VA-With 800,00 sf of office and 80,000 sf of retail, this is MRP’s largest project to date. Jon Napper Exits as Panattoni's Texas Partner DALLAS-Co-investments will be sold and other assets divvied as the well-known Napper frees his Courtland Development shop from its exclusive ties. Real Estate Editors Honor GlobeSt.com PHILADEPHIA-A year after the website’s major redesign, GlobeSt.com is cited for its look and content in an annual journalism competition. Print Top Stories

Regional Coverage
Northeast     Print Full Region • Vornado Moves Forward With $550M Retail MXD • Buchanan Readies for $1.4B of Projects Here • CJUF/Lowe Acquire Dupont Hilton for $290M • Perseus Realty Unveils $100M MXD Plans • JV Sheds 14-Property Portfolio for $70M • Paramount Takes 633,000-SF Arlington Office • Archon Top Bidder in 436,000-SF Office Buy • City Seeks Airfield Redeveloper	Southwest     Print Full Region • $100M Land Sale Preps $1.5B Ritz-Carlton Plan • Lexington Ready to Sell 1M-SF-Plus of Office • Tech Distributor Takes 593,000 SF at Stateline • Domain Starts Two Projects With $100M Financing • Off-Market Talks Grab 295,440-SF Value-Add Trio
Midwest     Print Full Region • $200M Bolingbrook Ready for Next Phases • Insurer Buys Two Buildings for $105M Plan • JV To Construct 441,000-SF Data Center • JV Plans 150,000-SF Spec Office for NorthPark • Boulder Net Lease Inks $62M Refi for 666,797 SF	West Coast     Print Full Region • MGM Launches Non-Gaming Hotels Unit • Amcal Lands $123M to Develop Five Projects • Essex Forms JV for $97M Apartment Complex • Olson Breaks Ground on Seniors Complex • Schnitzer Northwest Becomes Schnitzer West • Nitze-Stagen Buying Church Site, Adding Office
Southeast     Print Full Region • Lion's Gate Seeks Approval for Mixed-Use Project • Highwoods Properties To Shed Nearly 2M SF • Food Wholesaler Inks 400,000-SF Industrial Deal • Casto, 1st Carolina Seek OK for $100M-Plus MXD • Land Deal Moves DP Partners' Industrial Plan • Atlanta Pros Expect To See Modest Growth	Around The Globe     Print Full Region • Istithmar Opens Facilities Management Arm
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