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Top Stories for the Week of July 2, 2007
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Shareholders OK $1.5B Innkeepers Acquisition
PALM BEACH, FL-Innkeeper USA Trust shareholders give their stamp of approval on an agreement to be acquired by an affiliate of Apollo Investment Corp.

Ridge REIT Pencils $1.6B Business Park
WILL COUNTY, IL-The RidgePort Logistics Center-Chicago, being developed by Ridge Property Trust, will have up to 3,000 acres.

Natalie Dolce To Head GlobeSt.com’s NE Bureau
NEW YORK CITY-Journalist Natalie Dolce has been appointed Northeast bureau chief for GlobeSt.com.

Fluor Nears Construction Start for $1.8B Plant
ROBERTSON COUNTY, TX-Fluor will break ground within 10 days on a 1,600-megawatt plant in Central Texas, using bones from an unfinished project.

RENJ Names New Associate Publisher
TRENTON-Sales and marketing vet Joe Colacova is set to take the reins of New Jersey’s premier commercial real estate journal.

$1B EnCap Project Suddenly in Doubt
EAST RUTHERFORD, NJ-Amid cost overruns and other financial questions, the developer is considering selling out and a state agency is hiring a lawyer.

AFR CEO Harold Pote Dies Suddenly
JENKINTOWN, PA-Pote, credited with bringing transparency and discipline to the financial specialty REIT in his 10-month tenure, dies unexpectedly.

Private Equity Takes Barneys for $825M
NEW YORK CITY-Istithmar, a Dubai-based outfit, is buying the 34-unit luxury chain and executives see “incredible growth prospects.”

DDR Agrees to Sell 63 Centers for $603M
CLEVELAND-The company is getting rid of non-core assets, such as low-credit anchored centers and those in remote areas.

Hines Plans $465M Office, Hotel
CHICAGO-The company wants a 50-story office tower and a hotel building up to 20 stories for 200 N. Riverside Plaza.

Hertz Claims 980,075 SF of Office in Two Cities
SHREVEPORT, LA-The buyer steps up for the marketed AmSouth Center and ends up with an off-market deal too for a bank-anchored building in Jackson, MS.

Sentinel To Acquire America First for $532M
OMAHA-The sale is to include 32 multifamily properties in the Southeast and Midwest, and one office building in Florida.

Kushner Selling 17,628 Apartments
FLORHAM PARK, NJ-The multi-part transaction, said to be worth more than $1 billion, comes just eight weeks after the portfolio went on the block.

Expedia Leases 348,000 SF in Tower 333 for New HQ
BELLEVUE, WA-The online travel company soaks up 84% of the 20-story, 414,000-sf office tower under construction in this city’s tight Downtown office market.

AAA Inks 255,000-SF BTS; Current HQ for Sale
SAN FRANCISCO-The California State Automobile Association is selling its 580,000-sf Civic Center portfolio here in favor of a built-to-suit digs in Walnut Creek.

Print Top Stories

Regional Coverage
Northeast     Print Full Region
Vornado Taking 15-Center Portfolio for $351M
Principal, Pantheon in $400M Industrial JV
Preservation Deal Uses $230M Fund
Moinian Converting 500,000 SF to Residential
Perseus Preps for $109M Shady Grove Office Project
Cohen Financial’s Pipeline: $500M-Plus
FedEx Signs Renewal for 180,000 SF
AvalonBay Starts $155M Project in White Plains
State Jump Starts Newville Revitalization
$85M Plus Could Take Multifamily Portfolio
Mellon Plans $70M Expansion of Data Center
$65M Will Address Debt at Eleven 80
State Jump Starts Newville Revitalization
City Council Approves Carr for Green Office
$100M Takes Frederick, MD Office Portfolio
Southwest     Print Full Region
French Quarter Plans $100M for Resort Redo
Crown West Puts Up $69M for 450,000-SF Office
Lincoln-Staubach HQ Deal Puts $40M Plan to Work
AMLI Residential Sells 419-Unit Class A Asset
Younan Jump-Starts $150M Buying Plan
Landmark's Leasing Rally Closes Off 184,522 SF
Amegy Bank Will Anchor $100M Saint Ann Court
Greystar Tops $70M for 856-Unit, Class B Asset
Quiet Talks Win Empty 200,563-SF Class A
Pegasus, Westmount Buy 313,264-SF Office Duo
OLS Real Estate Forges $42M Plan for Inroad
Moody Buys Boxcar Deli Land for $35M Hotel
Midwest     Print Full Region
Taconic Group Sheds 600 W. Chicago for $300M
Schatz Readies $140M, 41-Story Condo Tower
Fenwal Signs 145,000-SF Lease for New HQ
Aetna Signs 43,000-SF Lease at Metropoint
ProLogis Buys 544,000 SF for More Than $30M
West Coast     Print Full Region
Hines REIT Adding Pair of Seattle CBD Assets
Tishman Speyer Fund Buys $83M Office Tower
Joint Genome Institute Extends, Expands Lease
MPR Investors Approve Cash Offer From ProLogis
1M SF-Plus of MXD Is the Goal for Palm Land
Bixby Plans 100,000 SF Following $345M Close
Shea Plans 340,000-SF Office Development
$100M Green Plan to Revitalize South Central
Westwood Launches $100M Laulani Village
Southeast     Print Full Region
Quatro To Head New Newmark Team
CBL JV's $191M Retires Construction Loan
$180M Alafia Crossing Moves Forward
$33M Transaction Gives KBS 160,539-SF Office
Harbor Group Takes Downtown Tower for $30M
Around The Globe     Print Full Region
JMJ Enters UAE With ‘Ultra-Luxury’ Hotel
400,000-SF Croatian Mall Hits Leasing Milestone
Erinaceous Group, NAI Global Join Forces
Broadreach Secures Aussie Resort Hotel for $48M
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: Liz Peace of BPF


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