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October 1, 2007 | Vol. 5 No. 40
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Top Stories for the Week of October 1, 2007
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For Regional Coverage

$3B Fan Pier Under Way After 20-Year Delay
BOSTON-The three-million-sf waterfront complex overcomes lawsuits and economic dips thanks to new ownership.

Inland Weighs $920M Hotel Portfolio Buy
OAK BROOK, IL-Inland American is considering the purchase of a 22-property hotel portfolio from an affiliate of RLJ Cos., but can still back out of the deal until Oct. 15.

ALM's Real Estate Media Teams for Green Initiatives
NEW YORK CITY-The locally based company will join forces with BOMA and the USGBC on a research study focused on the application of green in existing buildings.

210-Room Andaz To Anchor $750M East Avenue
AUSTIN-East Avenue Investment Group's project will get the world's fourth Hyatt Andaz. Work begins in late 2008 on the hotel and 600,000 sf of office.

New Casino Proposals Run From $300M to $600M
KANSAS CITY, KS-The Unified Government here is reviewing six casino resort project proposals, in accordance with a voter mandate.

Pyramid, Spinnaker Launch $450M-Plus MXD-Use
ST. LOUIS-The companies are partnering on 160,000 sf of retail (with General Growth), 525,000 sf of office, a hotel and almost 300 multifamily units in Downtown.

Fortis Pushes 2M-SF Plus of Trophies to Market
DALLAS-Fortis sets the stage for a record-breaking sale with a 2.3-million-sf portfolio that's predicted to reach $600 million at the closing table. The call for offers is mid-November.

Council Hears $300M Plan for Former Kmart HQ
TROY, MI-The Richardson Development Group envisions up to 600,000 sf of retail, 60,000 sf of office and 200 condos in the project’s first phase.

Centene To Build up to 1M-SF Office HQ
ST. LOUIS-The healthcare firm is moving from the suburbs into the Ballpark Village area with this $250-million project, partnering with US Equities and Clayco.

Transwestern Mapping Out 700,000-SF Office Plan
HOUSTON-Transwestern will start work in Q1 on twin 14-story buildings in the Energy Corridor as part of its new benchmark, $1 billion of assets under construction or planned.

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Regional Coverage
Northeast     Print Full Region
New York City Gets Back to Fundamentals
Freddie Mac Offers $500M in Preferred Stock
MRP Plans $250M Tyson’s Corner Development
Finlay to Acquire Luxury Chain From Zale Corp.
Enterasys Leases 151,000 SF at Minuteman Park
$129M Redevelopment Set to Move Ahead
Hampshire Launches $350M Fund
Liberty Targets Debt With $296M in Senior Notes
Parkway Resurrects Walnut Street Tower Plan
Southwest     Print Full Region
Susser, Town & Country Sign $361M Agreement
Movie Gallery Closing 520 Stores
Trillium Pulls 466 Units From Stack for $85M
Younan Closes $77M Deal for 381,327-SF Office
Multifamily Market Stars Align Despite Subprime
Charbonneau Steps Down; Helterbran Comes Aboard
NCS Pearson Signs $50M, 13-Year Office Lease
KBS Sells 176,471-SF Duo to 1031 Exchange Buyer
AEW's $53M Pockets Win for 152,473-SF Class A
241,250-SF CBD Twins Sell in Off-Market Deal
Midwest     Print Full Region
JV Still Plans Retail, Office $250M Project
Bankers Life Locks in 207,000-SF Office Lease
Crawford Puts 11-Site Portfolio Up for $196M
Opus Begins Work on 965,000-SF Spec Building
Wiley & Sons Renews 123,416 SF of Office
CPS Leases 160,000 SF in ProLogis Buildings
Montesano Acquires 64,000-SF Office Building
Opus at 80% Leased for $150M Retail Center
CBRE Trust Buys 185,000-SF Building for $18M
West Coast     Print Full Region
Shorenstein Submits for Next City Center Addition
Dubai World Extends MGM Mirage Tender Offer
Callahan JV Sells 70% Stake in Office Portfolio
Port Muddies Plans for Army Base Redevelopment
Wells REIT II Buys CH2M Hill HQ for $139M
GE Buys Orange City Square for $130M
American Realty Buys Vodafone Plaza for $88M
Vail Resorts Details Green Aspects of Ever Vail
Harsch Prepares for Next Speedway Expansion
First Fed Moves South in 89,000-SF Lease
Southeast     Print Full Region
Stiles Set for Another Big Ticket Deal
Industrial Portfolio Moves for $215M
Market Conditions Slowing, Not Stopping, Deals
City Seeks Proposals for 373,650 SF
Opus South Pencils 637,000 SF of Industrial
Globalization, Outsourcing Push CRE Changes
Boston Buyer Takes 96,718-SF Office for $29M
Harbor Group Acquires 228 Units for $24M
Around The Globe     Print Full Region
$355M Secures Montreal Rail Station Agreement
GoldenTree, Quality Team on $100M Brazil Fund
Brookfield Sells Pair of Assets for $92M
JLL Forges Alliance to Enhance Baltic Business
Colliers Moves to Ramp Up Czech Presence
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: ADC's Sheena Wright
ViewPoints: The Heavy Hand
Commentary: E&Y's Mark Costello


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