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Top Stories for the Week of December 17, 2007
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Terrorism Insurance Bill Passes House
WASHINGTON, DC-With a year-end deadline, the House and Senate are scrambling to push legislation out of the door.

Shareholders OK $8.9B Penn Gaming Sale
WYOMISSING, PA-Shareholders overwhelmingly approved the Fortress/Centerbridge buy-out that will take the casino and racetrack owner private.

Pollack Pairs With Goldman on $1B Build Plan
ATLANTA-The $56-million co-investment fund already has its first deal, a 320-unit multifamily community in Tampa, FL.

SF Mayor Proposes Green Building Requirement
SAN FRANCISCO-The ordinance would impose the nation’s most stringent “green” building requirements on the construction and renovation of residential and commercial buildings.

NV Legislative Panel OKs Green Tax Breaks
CARSON CITY, NV-The tax breaks will go to five projects in Las Vegas whose developers applied for them under 2005 legislation that was made less generous this year.

Massive Lease In Works for 1M-SF Project
NEW YORK CITY-GlobeSt.com learns that Proskauer Rose LLP is looking to lease 600,000-sf at Boston Properties' new one-million-sf development here.

Campanelli Buy Sparks 1M-SF Mixed-Use Plan
NORTON, MA-The recently acquired 90 acres abut a world-class championship golf course designed by Arnold Palmer.

CapLease Board Names CEO McDowell Chairman
NEW YORK CITY-Lewis Ranieri, chairman since 1995, steps down due to family reasons; Paul McDowell fills his position.

One Vision Development Wins $700M MXD Project
WASHINGTON, DC-Northwest One will include 1,630 residential units and more than 260,000 sf of office, retail and healthcare space.

2008 Start Set for $600M Island Gardens MXD
MIAMI-The Watson Island project will feature a 150-room Shangri-La Hotel with fractional ownership homes, a 50-slip Super-Yacht Harbor and retail space.

Maguire Forms Committee to Consider Sale
LOS ANGELES-The REIT forms a special committee to consider selling the Downtown L.A.-based company and releases former prospective buyers from standstill agreements.

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Regional Coverage
Northeast     Print Full Region
Feds Hope Three Times the Charm
Tropicana Gets Casino License Pulled
400,000-SF Office Tower Changes Hands
Ivy Buys 1M-SF Portfolio
Energy Company Proposes $120M Plant
Spitzer Creates ‘Smart Growth’ Cabinet
Union Square Trades for $262M
Jay-Z Gets $66M Site for Five-Star Hotel
Iron Mountain Takes 225,000-SF Buy Option
$68M Buy To Grow StoneMor Funerary Empire
Spitzer: Keep the American Dream Alive
Southwest     Print Full Region
TransWest's $310M Buys Two Hotels, 899 Rooms
Five Star’s $150M ‘Green’ Center Is Prototype
$273M Contract In Place for 965,508-SF Trophy
Behringer Harvard Obtains $500M Credit Facility
Cintas Takes 350,150 SF in 130-Month Lease
Zydeco Readies 350-Acre Phase Two at MetCenter
Two Tenants Take 376,000 SF in Separate Parks
Woodlands Resort Set for $50M Redevelopment
Post Investments Tickets $17M for 286-Unit Plan
$30M New Urbanist Project Breaks Ground
Midwest     Print Full Region
AHA Signs for 115,000 SF at New Wacker Tower
Independence Plaza Sells for $144M
GE, Lincoln Buy Two Office Sites for $114M
New Briarcliffs Include $50M Office, Hotel
First REIT Buys 240,000 SF for Conversion
Evenflo To Lease New HQ at Old Huffy Site
Regus Group Renews 90,000 SF in Three Towers
West Coast     Print Full Region
Liquid Realty’s Fourth Fund Its Largest Yet
City To Extend Negotiation With Arena Developer
Morgan Stanley Commits $200M to Solar Projects
County Debuts $107M Office Building
Molasky Borrows $104M Against Newest Building
Long Beach Firm Plans 408,000-SF Biz Park
Cole Cos. Acquires Station Casinos HQ for $70M
Broadreach Sells Peninsula Asset for $50M
Southeast     Print Full Region
Cousins, PREI Enter $173M JV for Terminus 200
Kimberly-Clark Moves Toward 2M SF With Expansion
995-Acre Buy Locks in MXD Plans
Crosland Fund Eyes $225M in Land Acquisitions
USPS Takes 500,000 SF at New Commerce Center
Dirt Moves on 150-Key Crowne Plaza
City Park Aventura Signs 50,000 SF in Leases
JLL To Expand Capital Market Practice in Atlanta
Margaritaville Enterprises Takes 62,502 SF
Around The Globe     Print Full Region
Austrian Group Completes $700M Sale
Doughty Hanson Reaps $558M in Italian Sale
GE Pays $301M for 31 German Assets
ProLogis Invests $100M in Two China Projects
GVA Enters Romania With New Affiliation
Hines To Manage Luxury Spanish Resort Project
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: C&W Asia's Michael Thompson
Commentary: Audrey Murrell of Pittsburgh U


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