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Top Stories for the Week of October 29, 2007
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Hilton, Blackstone Close $26B Merger
BEVERLY HILLS, CA-The deal gives Blackstone the keys to one of the world's largest hotel chains, with 2,896 properties and 490,000 rooms.

EMI Unveils $4B Mixed-Use Complex
BANGALORE, INDIA-Retail affiliate Plaza Centers is being invited to participate in the 200-acre master-planned development.

Though Tragic, CA Fires Won’t Affect Economy
SAN DIEGO-Despite the normal short-term economic slowdown that follows most disasters, local, regional and statewide economies should not suffer any long-term ramifications.

Downtown Alliance Balks as Merrill Preps to Walk
NEW YORK CITY-Sources confirm reports that Merrill Lynch is inches away from a deal with Vornado to build new in Midtown. It's not a prospect that makes the Downtown Alliance smile.

Four Developers Vie for WP Station Project
WHITE PLAINS-The developers are in competition to develop a prime 4.6-acre site by the White Plains train station, GlobeSt.com has learned.

MGM Completes 14M-Share Sale to Dubai World
LAS VEGAS- The developer of the Palm and World developments off the coast of Dubai now controls 4.8% of the casino operator’s outstanding shares.

Stonehenge Closes $500M Acquisition Fund
NEW YORK CITY-Stonehenge closes its new equity fund to acquire office, retail and residential properties, and target high-yield debt opportunities.

StratREAL Pays $294M for Two Office Complexes
MINNEAPOLIS-The London-based firm is the new owner of the one-million-sf Fifth Street Towers here, and RiverPark in Norwalk, CT.

ALM Takes 90,000 SF at 120 B'Way
NEW YORK CITY-A phased occupancy of the landmark Equitable Building--consolidating four separate Manhattan locations--is slated to begin in Mid 2008.

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Regional Coverage
Northeast     Print Full Region
Oceanfront MXD Gets Second Phase
Hampshire Fund Targets Value-Add
JV Plans $260M Queens Mixed Use
JEMB Realty Refinances Herald Towers
Jones Lang LaSalle Acquires Klatskin
SL Green Sells 17-Story Asset for $157M
Times Equities Takes 176,594-SF Site for $71M
Nearly $94M Funds Luxury Condo Construction
Quincy Mutual Secures 227,000-SF Industrial
Southwest     Print Full Region
Ground Breaks Thursday on 1M-SF Corporate HQ
Hines Acquires 281 Acres for MXD Development
Transwestern Takes Reins to 364,533-SF Tower
JV Prepares for Construction on 800 Acres
Angelo, Gordon, Amerimar Sell 314-Key Hotel Derek
Holt Buys 21 Buildings With $50M Loan Help
Industry Addresses Ways to Win Deals Globally
Lightstone Group Grabs, Re-Flags Two Baymonts
Midwest     Print Full Region
HSA To Build About Seven Assets on 90 Acres
USAA Hires Firm to Lease Up $178M Park
Metzler Acquires 286,000-SF Rookery for $73M
Caterpillar Logistics Expands to 295,000 SF
Advantage Leases a Third of New Duke Office
Metropolitan Set to Raise $67M Condo Tower
Inland Buys Distribution Building for $26M
West Coast     Print Full Region
SoCal JV Starts Phase One of $220M Project
768-Unit Complex Hits Market for $170M
Buchanan Street, TCW Forge Partnership
$162 Maxxam Refinancing Funds New Deals
$78M Refinances 36-Property Portfolio
Shorenstein Buys $40M Moffett Towers Debt
Coppertree Garners $66M in Building Sales
Hughes Center Offices Trade for $30M
Southeast     Print Full Region
$134M Funds Seagate Project Construction
Joint Venture Fund Adds $80M in Student Housing
Goodman Starts Work on 515,000-SF Center
Royal Caribbean Inks 267,250-SF Lease With IDI
Crown West Doubles NC Portfolio With $61M Buy
University of Georgia Takes 60,000 SF
$20M Financing Buoys 244-Unit Acquisition
Deals Bring Duke’s Area Holdings to 92% Leased
Around The Globe     Print Full Region
Songdo Sustainable Program Gets Key Support
LaSalle Upbeat on Euro Real Estate Trends
ProLogis Inks 158,000-SF Distribution Lease
CBRE Bolsters China Team to Meet Rising Demand
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: Q10 Capital’s James Murphy
ViewPoints: When Is it Safe to go Back in the Water? Part II
Commentary: CoreNet's Eric Bowles


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