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Top Stories for the Week of November 26, 2007
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Freddie Mac Gets Slammed by the Street
WASHINGTON, DC-The GSE's less than stellar earnings this quarter is frightening investors already spooked by the credit markets.

WTC Work Moves Forward With Foundation Contracts
NEW YORK CITY-Yonkers Contracting Co. gets the nod from Silverstein Properties to build the foundations for World Trade Center Towers 3 and 4.

Bush Threatens Housing Bill Veto
WASHINGTON, DC-Affordable housing advocates say President Bush's budget requests would gut essential programs and potentially increase displacement.

Second Avenue Subway Gets $1.3B Boost
NEW YORK CITY-The federal funding agreement for first-phase construction could be the track to increased real estate values in the area.

Brandywine Starts $800M Cira Centre South
PHILADELPHIA-The opening phase of the 14-acre mixed-use project planned in partnership with the University of Pennsylvania begins with a one-block demolition.

P.A. To Pump $500M Into Stewart Airport
NEW WINDSOR, NY-The case for Stewart Airport becoming an economic engine for Orange County gets a major boost from the Port Authority of NY and NJ.

City Unveils Potential Plans for Hudson Yards
NEW YORK CITY-The public exhibit showcases models and other presentation materials prepared by each of the five development teams for the 26-acre site.

97-Acre Buy To Fuel 1M-SF Industrial Project
PALM BEACH COUNTY, FL-Duke Realty Corp. plans to break ground in spring 2008 on the first speculative building.

Hines REIT Pays $290M for 1M-SF Plus Trophy
DALLAS-Hines REIT says Chase Tower will be part of the portfolio for a long time. Stream Realty, part of the selling JV, keeps leasing reins and its 35,000-sf spot too.

Signatures Gathered for Statewide Ballot Measure
SACRAMENTO-Dubbed the California Property Owners and Farmland Protection Act, the measure would restrict governments’ use of eminent domain and end rent control.

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Regional Coverage
Northeast     Print Full Region
Law Clears Path for Tidelands Development
Liberty Square Lands $178M Construction Loan
Lucent, PREI Break Off Deal for Bell Labs
Institute Will Handle Personnel LEED Certs
Chiofaro Wins Harbor Site Deal, Sources Say
NY State Grants $38M in Housing Funds
Gov Installs Green Roofs at Judiciary, Reeves
May Institute Inks 50,000-SF HQ Lease
Southwest     Print Full Region
Fine Line, Partners Plan $200M-Plus Pipeline
Vista Equities Planning $200M MXD Project
XTL Eyeing $60M BTS On 35 Acres Near Port
Holt Prepping 381,124 SF for Lease-Up, Sale
Starting Gun Fires for 445-Acre Stake in Hub
SCM Wins 300,000-SF Leasing Rights in CBD
Duke Adds South Region With Turner at the Helm
Midwest     Print Full Region
KBS Acquires 647,000-SF Building for $136M
First Industrial To Develop 142,000-SF Site
Surface Guard Signs Renewal for 107,000 SF
Henderson Purchases Properties for $585M Fund
Enterprise Leases 30,500 SF for Local HQ
West Coast     Print Full Region
Plaza Name Fight Staying Local
North Strip Assemblage in the Works
Opus Pulls Sacramento Buildings Off Market
CBRE Launches LEED Push for 100 Buildings
LBA Acquires 261,000-SF Verizon Building
Logistics Project Expands by 296,000 SF
Lowe, GE Venture Launches $46M Project
Southeast     Print Full Region
Senior Living Portfolio Trades Hands for $113M
KBS REIT Takes Industrial Portfolio for $54M
PMRG Takes Leasing Reins to 1M SF
CBRE Expands SE Reach With BlackRock Retail Buy
Inverness Takes 87,218-SF at Reserve at Maitland
Around The Globe     Print Full Region
GE Real Estate Purchases $4.1B Commercial Pool
ProLogis Strikes 800,000-SF Build-to-Suit Deal
Hines Begins New 120-Acre Development
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: EBS&L’s Edward Lipkin
ViewPoints: Lodging Economics Weather the Storm
Commentary: The Macerich Co.’s David Scholl


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