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	Top Stories for the Week of September 4, 2007	Print Full Issue
	Click Here For Regional Coverage Walton, Goldman Buy Hyatt Stake for $1B CHICAGO-Madrone Capital Partners, an investment firm tied to Wal-Mart chairman Rob Walton, and Goldman Sachs will get seats on the hospitality giant’s board. Birtcher/Lunsford JV Plans $2B Project GILBERT, AZ-In their first joint venture, both California developers begin plans for the 600-acre Morrison Ranch Business Park. At buildout, the project will support 8.2 million sf. LaSalle, Westfield Pursuing $1.4B Retail Plan MELBOURNE, AUSTRALIA-The aging mall is being overhauled into a three-level lifestyle center with 1.3 million sf and 400 stores. Dubai World Begins MGM Mirage Tender Offer LAS VEGAS-The $84-per-share offer for as many as 14.2 million shares of outstanding common stock is part of a $5-billion agreement announced last week. Options Trouble 180,000-SF Microsoft Lease CAMBRIDGE, MA-One Memorial Dr. owner Equity Office reportedly included space already tied up by an existing tenant. EOP officials say work is proceeding. Kettler Readies $1B-Plus Development Pipeline McLEAN, VA-Changes in next year’s pipeline include a shift away from condos to multifamily, more mixed-use projects and designing to LEED-certification. Brandywine/Penn Plan $775M Cira Centre South PHILADELPHIA-The 30th Street project includes redevelopment of a 862,000-sf post office building and two new towers combining office, residential, hotel and retail. Alfa Properties Puts 929 Acres on the Block MONTGOMERY, AL-Following years of ownership and with no development plans in sight, the insurance company is offering the land through absolute auction. GE-Muller JV Pays $460M for 3M SF LAGUNA NIGUEL, CA-The Muller Co. and GE Real Estate win the bidding for Silagi Development's three-million-sf office, industrial and retail portfolio. New Law Encourages Affordable Construction NEW YORK CITY-Gov. Spitzer signs a package of bills to reform the 421-a law and better target limited resources to neighborhoods in need of affordable housing. Circle Properties Closes on $350M Acquisition NEW YORK CITY-Circle snaps up the asset for $625 per sf. Major tenants include Mueser Rutledge Consulting Engineers. Tishman Speyer Flips Concar Campus SAN MATEO, CA-Tishman Speyer sells the former Siebel headquarters here for $100.5 million after acquiring it empty last year for $59.5 million. Opus Developing Green Buildings at Sierra Point BRISBANE, CA-Opus West Corp. is moving forward with plans for a LEED-certified, 450,000-sf class A office development within its waterfront office and R&D campus. Short-Term Woes Hamstring OC Market IRVINE, CA-With the subprime fallout and credit crunch in play, the market will experience near-term tightening but should pick up speed within the next 12 to 18 months. Print Top Stories

Regional Coverage
Northeast     Print Full Region • Davis Marcus Lands CrossPoint in $180M Buy • Office Insiders Keep Eyes on Credit Markets • Dune Capital Management Adds Buckley as Partner • Republic Property Slates Date for Merger Vote • More Workers Feel Strain of Housing Costs • ABB Lummus Renews 155,000-SF Office Lease • Purdue Pharma Signs 159,000-SF Lease in Stamford • MPRI Inks 126,500-SF Old Town Lease • Developer Secures Loan for $60M Baltimore Project • Construction Begins on $160M Trump Parc High Rise • ThyssenKrupp Safway Expands to 100,000 SF • Haemonetics Renews 44,000-SF HQ Lease	Southwest     Print Full Region • Transwestern Takes 919 Milam for $100M Plus • ING, Pinto Realty JV Buys 1,226 Acres in Park • California REIT Takes 153,158-SF Office • Quanah Completes $100M Capitalization • DART Receives $80M for Light Rail Extension • Hillwood Adding 800,000 SF of Spec Industrial • BOMA Austin Plots Green Goal Challenge • Chicago Investor Sells 171,000-SF Building • Bradford Adds 781,197 SF of Office in Two Weeks • Balcones Details $90M West Love Market Plan • Salt River Pima Getting $43M Medical Pavilion • NOLA Summit Examines Reconstruction Initiatives
Midwest     Print Full Region • Pizzuti Changes Partners in Midst of $550M Project • Capri Venture Buys 11 Apartments for $325M • Cordish-City Team Up for $250M Downtown Plan • Townsend Sells Tech Center for $150M • Aviva Plc Buys Land to Build $150M HQ Complex • C&W Buys Northstar; Miller To Oversee Midwest • CME Renews Lease, Sells Space at 20 S. Wacker • Hines Buys Building From Tishman for $131M • Apt Manager Remembered With IREM Scholarship • Harp, Mid-America JV Gains $101M for Westin • Dermot To Exit Midwest With $50M Apt Sale	West Coast     Print Full Region • Sysco Unit Takes 144,000-SF Redevelopment • Union Bank Plaza Hits the Market • New Simpson Housing Projects Total $167M • Dick Corp. Lands Pinnacle Construction Gig • $130M Higgins Office Project Goes Green • Hearn Co. Acquires Office Tower for $112M • Artisan Adds to Vegas Apartment Portfolio • Queen's Seaport Scores $43M at Auction • Vegas Luxury Condos Adjusting to Demand
Southeast     Print Full Region • Sun Capital Targets Boston Market, Friendly’s • $85M Construction Loan Moves Morrison Project • Lodgian To Sell Shares, Cut Costs • $69M Financing Buoys 401-Unit Complex • Metzler Pays $52M for Nearly 1M SF of Industrial	Around The Globe     Print Full Region • ProLogis Unveils $60M Chinese Industrial Park • Bank of America Trades Argentine Tower • CBRE Continues Global Push With India Buy
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