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Top Stories for the Week of October 8, 2007
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Tishman, Lehman Close on $22B Archstone-Smith Deal
NEW YORK CITY-The heavily awaited merger is complete after over a month extension. Archstone will delist its common shares from the NY Stock Exchange.

TD Buys Commerce Bank for Almost $9B
CHERRY HILL, NJ-New Jersey’s largest home-based banking institution agrees to become part of TD Bank’s growing financial empire.

Equity Shareholders Greenlight $2B Merger
GERMANTOWN, TN-The vote sets up an Oct. 22 closing date for the transaction between the locally based hotel REIT and an affiliate of Whitehall.

Irvine Co. To Make $1.4B Archstone Buy
NEWPORT BEACH, CA-The firm will take 16 properties, located in Orange and San Diego counties, as part of Archstone-Smith’s buy-out.

Darden, Rare Move Closer to Finalizing $1B Merger
ATLANTA-With the completion of the tender offer, Darden Restaurants will now pursue a short-form merger to complete the $1.4-billion deal for Rare Hospitality.

State’s Image Hurting Economy, Development
TEANECK, NJ-New Jersey’s top real estate executives voiced their concerns over taxes, traffic, corruption and ineffectual government at Thursday’s RealShare New Jersey conference.

Mack-Cali 'Picking its Spots'
TEANECK, NJ-Uncertainty in the marketplace can add up to opportunity, according to the firm’s president and CEO, Mitchell Hersh.

MGM Opens $800M Detroit Casino Tonight
DETROIT-The new facility is one of three permanent resort casinos that will open with 400 hotel rooms each by next year.

Hunt Expands, Eyes $750M MXD Project Pipeline
ALBUQUERQUE-El Paso-based Hunt adds a well-known local resident to lead the Southwest push. The developer's pipeline totals $650 million, but that's just the beginning.

ProLogis Buys 17-Building Japan Portfolio for $735M
TOKYO-The industrial package of 3.6 million sf is concentrated here and in Osaka, Japan’s top distribution markets.

Investors Commit $700M to Third Carmel Fund
SAN FRANCISCO-The value-add apartment investor has given itself an extra year to invest the equity due in part to financial markets.

Kent Swig Buys Helmsley-Spear Inc.
NEW YORK CITY-Kent Swig represents only the fourth owner of Helmsley-Spear Inc., which he purchased from the Schneider family.

JER Taps Michael Pralle as President
McLEAN, VA-This move follows a number of changes in JER’s executive bench over the past few months.

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Regional Coverage
Northeast     Print Full Region
ING Takes Deed to NoVA Office Property for $105M
UPMC Breaks Ground on $100M Expansion
150,000-SF Building On the Market
Going Global Solo, RBJ Leases 150,000 SF
ITT Close To Signing 100,000-Plus Lease
$78M Takes 2M-SF-Plus Industrial Portfolio
$66M Converts East Falls Eyesore to MXD
Maryland Trade Center I, II Sell for $58M
College Building $48M Downtown Tower
MIT Shows Confidence in Hometown Deal
47-Branch Citibank Retail Portfolio Up for Bids
Izod Gets Arena Naming Rights
Arch St. Parking Lot Sells for MXD Project
Despite Uncertainty, Office Rents Continue to Mount
Backlog at Interior Draws Ire of Tribes
Green '1' Hotel Brand Slated for West End
Southwest     Print Full Region
Cross Closes On 69 Acres for 1M-SF Flex Plan
Phillips Begins Mosaic's 396-Unit Second Phase
Argus, Billingsley Close $130M-Plus Office Deal
StarPoint Opens in Texas With $150M-Plus Plan
Atherton-Newport Passes 376 Units for $32M
TA Fund Wins 296 Units With Pre-Emptive Move
Galaxy Plans 400,000 SF of Retail on 46 Acres
Net Lease Buyer Reworks Financing, Gets $29M
Back-to-Back Deals Yield 436 Value-Add Units
Transamerica Life Signs 59,285-SF, 10-Year Deal
CREW Names National President-Elect
Partners Create 312-Unit Block in Two Deals
CWS Digs Into Highland Park Conversion
Geneva Organization Adds 655 Units to Portfolio
827,850-SF Spec Project Gets Under Way
Opus Plans Flex Project for 99-Year Land Lease
Midwest     Print Full Region
AvalonBay Plans $280M Apartment Development
Beztak Scores $200M-Plus Base Project
Xavier, Corporex Plan $160M New MXD Village
Buck’s 24-Story Complex Could Fetch $100M
Hines REIT Buys Nine Buildings for $87M
ML Realty Obtains $80M for Industrial Sites
Medford Wants $58M for Apartment Portfolio
Kerry America Building $45M Headquarters
BofA Plans Move of CRE Operations to Chicago
Kohl’s Forecasts 1,400 US Stores By 2012
West Coast     Print Full Region
Marriott Reveals Vegas Convention Center Plans
Scala Launches $200M Investment Program
Sobrato Sells 1,380 Units for Nearly $200M
BPG Buys Park Center Plaza for $170M
Murdock Plaza Changes Hands for $130M
$115M Multifamily Loan Extends Term
Qualcomm Buys Kifer Corporate Center for $80M
Lincoln Property Buys Office Sites for $65M-Plus
BlackRock Sells 400-Unit Property for $63M
NYC Firm Expands L.A. Holdings for $50M
Disney Acquiring 21 Acres of Hawaii Oceanfront
MGM Mirage Stacks Deck for CityCenter
Hospital Supply Firm Plans 600,000-SF HQ
Southeast     Print Full Region
Anchors Sign for 246,000 SF at Sanctuary Park
Crocker Partners Pencils 230,000-SF Spec Office
Manufacturer Expands With 48,070-SF Lease
Preferred To Operate 240-Unit Blue at Doral
JLL Expands Carolinas Presence With Acquisition
Inland American Lodging Buys 248-Key Hilton Hotel
Transwestern Sharpens Green Focus
Around The Globe     Print Full Region
DDR Readies Its First Center In Canada
Africa Poses Retail Opportunities, Challenges
Retail Chains Eye Store Growth Globally
Developers Dispute Role of Retail-Entertainment
Bulgaria Embraces Green Design
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: Harvey Green
Commentary: Transwestern's Steve Harding


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