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Top Stories for the Week of March 17, 2008
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Fed To Inject $200B Into Credit Markets
WASHINGTON, DC-The Fed is expanding its securities lending program to primary dealers by 28 days by a pledge of other securities.

Shinsei Bank Sells HQ to Fujisawa for $1.5B
TOKYO-The local company is selling its headquarters to a Morgan Stanley entity as it looks for a new base of operations.

Apollo Deploying $1.4B From Third Fund Raise
LONDON-The fund officially is closed. The leveraged play sets up $1.4 billion to buy and develop in the UK and Western, Central and Eastern Europe.

Icon's $1B MXD Strategy To Create New District
DALLAS-Icon says the 3.7-million-sf Icon Midtown will emerge with its own identity, much like L.A.'s Grove and Dallas' Uptown and Downtown. Anchor talks are in final stages.

$1B Library Expansion Plan Includes New 'Hubs'
NEW YORK CITY-The plan will take at least five years to realize. With the Fifth Avenue library reconfiguring, the New York Public Library plans to sell the Mid-Manhattan Library next year.

Jergler Takes Helm of Real Estate Southern California
LOS ANGELES-Don Jergler, a seasoned business reporter in the L.A. area, comes aboard as Real Estate Media pursues integration of print and online content.

BMW Pencils 1M-SF, $750M Plant Expansion
SPARTANBURG, SC-The luxury carmaker is planning to construct a 1.2-million-sf assembly facility and expand the existing paint shop by 300,000 sf.

Harrah’s Bowing Out of Bahamas Deal
LAS VEGAS-Harrah’s Entertainment says it has killed a partnership with Baha Mar Resorts to create the Caribbean’s largest single-phase destination in the Bahamas.

Reverse Merger Taking Ultimate Sports Public
LAS VEGAS-American Southwest Music Distribution plans to acquire and assume the name of the would-be developer of a multi-billion sports entertainment complex in North Las Vegas.

Silverstein: WTC Still on Track for 2012 Finish
NEW YORK CITY-Larry Silverstein is sticking to his 2012 completion date for the Freedom Tower and the site’s other office buildings.

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Regional Coverage
Northeast     Print Full Region
Law Signing Spurs Start of $300M Trump Tower
New Brunswick Plans $275M, 34-Story Tower
Mayor: More Than 30 Developers Talking to GM
Vornado Completes $260M Multifamily Refinancing
Legoland Coming to Meadowlands Xanadu
Construction To Begin on $80M-Plus Power Center
Flushing Package To Fetch $50M
$39M Loan Funds NYC Property Acquisitions
572,000-SF W/D Center Gets Approvals
Rugby Takes $10M Slice of Canton
Southwest     Print Full Region
Devon Energy Plans $350M Downtown HQ Project
Multifamily Hunt Starts for 468-Acre MXD Plan
Wentworth-Led JV Eyes 2M SF Plus of Industrial
Sealy's $150M-Plus Plan Ready to Get Under Way
$100M Home Town Project In Works for 46 Acres
JLL Sets Up New Group for Trading Floor Deals
Mitsubishi Closes In on 409,889-SF Trophy Buy
24-Mile Streetscape Plan Clears One More Hurdle
GE Real Estate's $45M Backing 498-Unit Deal
Tanger Planning 50-Acre Upscale Urban Outlet
Houston's Port Authority Adds Legislative Vet
Midwest     Print Full Region
Pine Tree, Inland To Open 275,000-SF Center
Village Starting Over With 320-Acre MXD Use
Sage Opens Blackstone After $128M Restoration
Higgins To Create $100M Industrial Park
Casino Funds, Indirectly, 8M-SF Park Plan
Village Seeks to Auction, Rehab 57 Acres
Etkin, Forest City in Ground for 441,000 SF
Jacobson Takes 320,000 SF for Logistics Space
Meritex Leases Up Site, Plans 50-Acre Park
Travel Group Leases 50,000 SF for New HQ
West Coast     Print Full Region
JV Assembles 110 Acres on ‘South Strip’
General Growth Expands Center by 300,000 SF
$116M Funds Crossing Apartment, Condo Project
Irvine Co. Debuts Enclave Apartments
Alameda OKs $75M Land Sale for MXD Project
$31M Caltech Center Goes Green
$24M Office Deals Include Condo Conversion
Monster Cable Leases 230,000-SF Warehouse
Southeast     Print Full Region
Crescent, Manulife Begin $175M Phipps Tower
GID Acquires 648,156-SF Greylyn Business Park
Duke Adds 789,000 SF to Industrial Portfolio
Port Builds Push Hillwood’s 610,000-SF Spec Plan
Retail Rents Start to Creep Upward in Central FL
Anderson To Lead SVN Florida Expansion
New Firm Targets Midtown Residential
Around The Globe     Print Full Region
IHG Wants 2,000 Rooms in Moscow by 2010
JLL Says Europe Down but Still Strong
First Industrial Nabs 61 Acres Near Toronto
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: Donahue Schriber’s Mossman
Commentary: Jonathan Miller


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