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Top Stories for the Week of February 12, 2007
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EOP Votes in Field of One for Blackstone's Buy-Out
CHICAGO-EOP shareholders approved Blackstone's $39-billion buy out, as rival suitor Vornado dropped out. Blackstone may need to sell more than expected, says EOP official.

UPDATE: Mills Considers Simon Bid
CHEVY CHASE, MD-Mills’ board is considering the $24-per-share offer proposed by Simon Property Group and Farallon Capital earlier this week.

Starrett City Sells to Clipper Equity for $1.3B
BROOKLYN, NY-Tenant groups have been protesting to keep the complex affordable and the governor has vowed to do that.

ThyssenKrupp Narrows US Search for $3B Plant
GULF COAST-The steel giant pulls Arkansas from the running and pits Alabama against Louisiana for a seven-million-sf factory.

Gherkin Deal Weighs In at $1.2B
LONDON-Swiss Re is selling the landmark 500,000-sf office building at 30 St. Mary Axe here to locally based Evans Randall and IVG Immobilien for 600 million pounds (US$1.17 billion).

1031 Accommodator Closes; Funds in Question
HENDERSON, NV-A local judge puts Southwest Exchange into receivership after it suspends operations without reimbursing investors. GlobeSt.com talks to the employee who called the FBI.

Morgans, DLJ Close on Hard Rock Hotel & Casino
LAS VEGAS-Morgans Hotel Group in May agreed to acquire the 647-room Hard Rock Hotel & Casino here and a neighboring 544-unit apartment complex from Hard Rock founder Peter Morton for $770 million.

3M-SF Office Portfolio Sale Tops $500M
ATLANTA-Rubenstein Partners and Barry Real Estate Cos. acquire a class A office portfolio in Atlanta’s Central Perimeter submarket from Equity Office.

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Regional Coverage
Northeast     Print Full Region
Onyx To Buy $800M of Mid-Atlantic Multifamily
Bear Stearns Takes Additional 107,000 SF
AT&T Closes $270M Sale-Leaseback
Testimony: Post Katrina, Families Still in Cold
GMH Seals 50-Year Air Force Housing Deal
JV Seeks Distressed Buildings to Renovate Green
Barceló Crestline Buys 950-Key Portfolio
JV Nabs Two Fairfax Offices for $167M
Lightstone Takes 41 Buildings for $150M
Southwest     Print Full Region
$100M-Plus Plan Kicks In After Two-Year Wait
Deloitte Signs 300,000-SF Consolidation Deal
Liberty Pushes Into Market With $175M Plan
Port Developer Plans 775,000-SF Second Phase
Kroger Tickets $21M-Plus Project for Inroad
JV Pencils May Start for $80M Second Phase
New CBD Owner Gaming Out High Rise Changes
Fund Drops $49M on 256,737-SF Business Park
$37M Lands Deed to 175,225-SF Office Complex
Scandinavian Fund Wins 595 Units in Galleria
Midwest     Print Full Region
Blackstone Readies Post-Merger EOP Plans
City Reels as Drug Firm Plans to Close 2M SF
Harbor Acquires Two North LaSalle for $153M
JV Buys Two Centers, is Close to $450M Goal
Toymaker Buys 214,000-SF Office Building
JV Purchases Downtown Hotel for $80M Plus
Culligan Moving Headquarters to Riverway West
The Ridge Plaza Purchased for Nearly $25M
West Coast     Print Full Region
Sephora Takes Two Full Floors at 425 Market
Cushman & Wakefield Forms Capital Markets Unit
City Approves 152-Unit Multifamily Project
Going Global: Protecting Data and Assets
Loft Developer Negotiates Tax Deal
Digital Realty Adding Ireland Assets
Allen Inks LOI to Repurchase Rose Garden Arena
Diversified Group Invests $40M in Center
Southeast     Print Full Region
$81M-Plus Takes 438,000-SF Office Property
582,000-SF High Rise Sells for $264 Per SF
JV Will Develop $98M Mixed-Use Project
Green Moves to Forefront of Building Industry
CBL, Bain Capital Joint Venture Enters China
Chicago Firm Takes 282,000 SF of Industrial
$83M Pushes 72-Unit Project Forward
Groundbreaking Set for City’s First Green High-Rise
Around The Globe     Print Full Region
Israel Shopping Center Fetching $130M
Orix Australia Sells Hotel, Land
Sainsbury’s Adding 530,000-SF 'Green' Warehouse
Developer Picks Operator for Planned 5-Star Hotel
Kuwait Firm Taps Fairmont for Egypt Hotel
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: Global Insight's Nariman Behravesh
ViewPoints: Cost Savings…Then What?


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