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	Top Stories for the Week of January 28, 2008	Print Full Issue
	Click Here For Regional Coverage Spitzer Administration Takes Green Lead NEW YORK CITY-New York State takes a leadership role on greening its buildings and launches a variety of initiatives to cut energy use 15% by 2015. Fifteen Group Envisions $2B MXD Project LOS ANGELES-The plan by Fifteen Group would redevelop the 1930s era-Wyvernwood Garden Apartments into LEED-certified housing and commercial space in Boyle Heights. Rates React to Fed’s Surprise Cut WASHINGTON, DC-Two key interest rates are slashed by three-quarters of a percentage point in the biggest reduction since 1984. PREI-Ashford's $400M JV Might Be Sign of Times DALLAS-A senior analyst says life companies and private equity might jump on the mezz lending bandwagon too this year. He and a PREI principal tell why it's so appealing. Schott Solar Plans $500M Investment in Metro ALBUQUERQUE-Schott Solar will develop an 800,000-sf solar manufacturing complex in Mesa del Sol. The six-month site search crisscrosses the US, Canada and Mexico. Inland REIT, Juliet Partner on $500M Venture OAK BROOK, IL-The JV hopes to develop properties in the West, mostly in the Las Vegas area. State Proposes $400M Affordable Fund NEW YORK CITY-The proposal is part of a $1.5-billion infrastructure and economic development plan to enhance economic growth and opportunity across the state. Pine Tree, Draper Plan $400M-Plus MXD Project ROLLING MEADOWS, IL-The 45-acre project is expected to have 400,000 sf to 500,000 sf of retail, 500 to 1,000 residential rental units and two hotels. Shawnee Nation Unveils $400M Resort Project OKLAHOMA CITY-The Shawnee Nation and city officials request that 104 acres go into a federal trust for development of a destination resort in the northeast submarket. United Readies for $225M MXD Development BLOOMINGTON, MN-With city approval, the developer is set to begin the first $75-million phase, with 200,000 sf of office and retail and 58 housing units. Bad Timing Turns Good for Nevada Towers Project LAS VEGAS-Bruce Langson’s apartment property next to the Las Vegas Convention Center now likely will become a 1,980-room hotel rather than a high-rise condominium development. Report: Cadim/Williams Likely Post Buyer ATLANTA-Citing John Williams’ history with the company, Bank of America pegs the venture as likely buyers. Sky Pushes $1B Buying Plan With $300M Fund MIAMI-The locally based company plans to acquire $1 billion in distressed properties in areas such as Florida, California, Arizona and Georgia. WorleyParsons Takes Down 246,000 SF HOUSTON-WorleyParsons signs a 10-year lease for class B office space that was set to go dark in March. The move-in, adding 46,000 sf of extra room, is planned for late 2008. ROCA Fund Pushes Cedar for 'Strategic Review' NEWPORT BEACH, CA-The ROCA Real Estate Securities Fund sends a letter to Port Washington, NY-based Cedar Shopping Centers citing the REIT's decline in share value. Print Top Stories

Regional Coverage
Northeast     Print Full Region • Starwood Agrees to Sell Three Italian Hotels • Monument, Urban Realty Advisors Merge • Law Firm Inks 72,000-SF Lease in Georgetown • 21-Story MXD Closes for $126M • 22-Building Apartment Portfolio Hits Market • $90M Luxury Tower Breaks Ground • Long-Time Australian Affiliate Joins C&W • WP Carey Closes $87M Sale-Leaseback Deal • City Council Approves Honeywell Deal • $93M Converts Architects Building to Hotel • Best Buy Leases 492,000 SF for W/D	Southwest     Print Full Region • Ainbinder Unveils Plan for $150M-Plus MXD • Port of Houston Planning $74M Bayport Expansion • Colony Capital Antes Up $59M for 412 Units • Panattoni Buys Archway for Houston Expansion • Liberty Property Fills 315,628-SF Spec • Wistron Signs Seven-Year Expansion Lease • SEED Seeks to Advance Sustainability Measures • Mays & Co. Closes On Six-Acre Retail Tract • $36M Hospital Sets Stage for 30-Acre Complex
Midwest     Print Full Region • Wateron, CalSTRS Sell Apts, Start $625M Fund • Boston Group Buys 642-Unit Complex for $66M • Butler Takes President, COO Reins at Capri • Ryan Cos. Plans $60M Medical, Retail Center • Laramar Pays $59M for Two-Site Portfolio • McShane, NHP Form JV, Buy $50M Med Portfolio	West Coast     Print Full Region • Nevada Gold Sells Interest in Casinos to Partner • Catterton Bids $179M for Restoration Hardware • USAA, SITQ Buy 801 K St. for $88M • Opus West Buys Land for 161,000-SF MXD • Digital Realty Inks Leases Totaling 210,500 SF • Johnson Capital Names Cliff Carnes as COO • CBRE Names Ray Torto Global Economist • Former Amgen Exec Joins Colony Capital • High-Rise Residential Site Changes Hands
Southeast     Print Full Region • Post Properties Buy-Out Offer Nears $2B • Housing Slump Pushes Lennar Losses Near $2B • Duke, Kane Start 302,400-SF Mixed-Use Asset • Hilton Pensacola Beach Gulf Front Gets $50M Refi • Panattoni Digs Into $50M Whirlpool Build-to-Suit	Around The Globe     Print Full Region • Abu Dhabi To Create Carbon-Neutral City • GE Expands in Germany and Japan • Largest Albanian Mall Gets Colliers as Agent
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