Member Log In: E-mail Address Password Remember me on this computer

	Top Stories for the Week of April 14, 2008	Print Full Issue
	Click Here For Regional Coverage Sachs Gets a Go for Next Phase of $5B Village CHESTERFIELD, MO-The company plans to open the 100,600-sf Central Park Square One office on May 1, with another 140,000-sf building set to complete phase one. NY State Tags $1.6B for Econ Development ALBANY-Part of New York State’s $80.5-billion budget also includes a $300 million earmarked for affordable housing. ProLogis, Arcapita Form $1B Middle East JV DENVER-The distribution REIT and the Bahrain-based investment company expect to acquire a US$1 billion portfolio of advanced logistics warehouse space in the Persian Gulf. Airport Cities Worldwide Fielding MXD Plans DALLAS-Commercial real estate's multibillion-dollar pipeline is pointed at tapping airport land banks from Detroit to Dubai and all along the most popular travel and trade routes. New Storage REIT Launches $1B Offering LADERA RANCH, CA-The nontraded REIT, called Strategic Storage Trust Inc., sees investor demand, reliable returns and a chance for consolidation in the self-storage industry. USGBC: Palazzo World's Largest Green Building LAS VEGAS-The $1.9-billion, 3,000-room resort is certified LEED-Silver by the US Green Building Council. SunTrust’s $736M SLB Delivers 433 Assets OAK BROOK, IL-An entity of Inland Real Estate Group of Cos. Inc. is buying the properties from the bank, which will lease them for 10 years. ProLogis, K Raheja Team on $575M Plan for India MAHARASHTRA, INDIA-ProLogis' new beachhead is a JV with a 56-year-old private firm. They will build 7.5 million sf of warehouses in three years and 25 million sf in five years. Hines Buys 1M-SF-Plus UBS Tower for $540M CHICAGO-The 51-story office tower in the West Loop was constructed in 2001 and is 98% leased to tenants including Citadel and PricewaterhouseCoopers. Hanover, MetLife JV Debuts New High-Rise LOS ANGELES-The new 26-story 717 Olympic residential high-rise readies to open its doors in Downtown L.A. next to the Staples Center. Office Developers Lining Up for Downtown Oakland OAKLAND, CA-Swig Co. submits plans for a 1.3 million-sf addition to Kaiser Center but there are several projects ahead of it in the development race. Print Top Stories

Regional Coverage
Northeast     Print Full Region • Report: Firms Shed Space, Vacancies Jump • Starwood To Open 54 New Sheraton Hotels by 2009 • Trophy Space Scarce for Law Firms • Development Site Sale Allows for MXD Build • Construction Starts for Downtown MXD • March Same-Store Sales Down Half a Percent • $108M Secures Capitol Hill Office • NJEDA Board Lowers Interest Rates • Office Boom Absorbs Rough 2008 Start • $130M Mixed-Use Set for Construction	Southwest     Print Full Region • Today's Market Favoring Core Industrial Space • Value-Add Play Drives 324-Unit Acquisition • Sterling American Wins 832 Units for $85M Plus • Post Properties Asset Backs $120M Loan • Transwestern Begins Work On 700,000-SF Project • Brass, Magi Eye November Start for $80M Office • Younan Disposing of Last Assets in Phoenix CBD • KBS Catapults 351,872-SF Trophy Into Portfolio • Callison Takes One Floor With 12-Year Lease • Oneok's $48M HQ Purchase Validates Tulsa's CBD • Harbor Group Picks Up 776-Unit Baybrook I, II
Midwest     Print Full Region • Forest City Lands Hotel for $350M Promenade • Report: Expect Shallowness From Q1 Job Losses • Triple Five Again Seeks MofA Expansion Rebate • Landlords’ Short Reign Over in CBD • JLL Promotes 26 to International Directorships • Rogatz Forms New Firm: Chicago Industrial • Fabri-Kal Plans $41M Investment in New Site • Grundfos USA Submits New Office HQ Plan • Campus Acquisitions Buys Properties for $39M • Aimbridge Signs On to Manage Aloft Hotels	West Coast     Print Full Region • Lowe Wins 900,000-SF County Project • Wyndham VO Plans 5th Vegas Property • Judge Rules for Casino Tax Increase Petition • State Health Buildings Achieve 'Green' Status • Market Stats: Office Vacancy Stands at 15% • KTR Enters SoCal With $55M Industrial Buy • Hotel Carlton First in SF to Add Solar Panels • WaMu Closing Stores, Minting New Stock for Sale • L.A. Live Developer: Time To be Bullish • Wright Runstad VPs Decidedly Female
Southeast     Print Full Region • Miami’s 2nd-Tallest Building Tops Off • Ceebraid-Signal Acquires 702 Units for $72M • Equitable Building Recovery in Progress • Prime Outlets Starts St. Augustine Expansion • Nakheel Acquires 50% Interest in Fontainebleau • Lender Becomes Owner of Four-Hotel Portfolio • Office Market to Improve in 2008, Reports Say • Whole Foods Signs Warehouse Lease with IDI • TIC Buyers Take Jacksonville Med Plaza • Family Dollar Focuses On Food	Around The Globe     Print Full Region • Survey Says India Is a Desirable Retail Market • Delta Takes Hotel Continental Site for $233M • Cushman Picks Up Istanbul-Based Partner • GTC To Spend $63M on Second Avenue Mall • Finley Morrow Planting $50M-Plus Seed Abroad
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: Holland & Knight's Janis Schiff
Commentary: CBREI's Doug Herzbrun