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Top Stories for the Week of March 31, 2008
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For Regional Coverage

Staying Put, MSG Walks From Moynihan Project
NEW YORK CITY-The reported decision to renovate rather than relocate Madison Square Garden has shot a gaping hole in the redevelopment of Farley post office and Penn Station.

FX Details $3B Plan for Park Central Site
LAS VEGAS-The publicly traded owner of 17.72 acres across from Project Citycenter says its plans for the site include 3,047 hotel rooms, a 93,000-sf casino and 94,000 sf of retail.

JP Morgan Ups Bear Stearns’ Bid to $10
WASHINGTON, DC-Shareholder and employee outcry is giving JP Morgan pause in its pursuit of bargain basement pricing for Bear Stearns.

HST, GIC Plan $1.5B Plus for Asia, Australia
SINGAPORE-An analyst says the new fund is much like the one for Europe in terms of financial reward and structuring. He speculates Host's next port could be South America.

$1B Bid Lands Tishman Speyer Hudson Rail Yards
NEW YORK CITY-The MTA chooses Tishman Speyer to transform the 26-acre Hudson rail yards site into a mixed-use area, following a close bidding war that began in the fall.

Webinar: Going Green, Good for Business
NEW YORK CITY-The cost for sustainability is becoming less and less and the savings are more than anticipated, according to industry leaders at GlobeSt.com's first-ever green webinar.

Economy Could Stall Atlantic Yards Project
NEW YORK CITY-Forest City Ratner says today's business environment will not determine the final face of the $4-billion project. Reports and opposition say it could.

Edison-ProLogis Lease Starts $875M Solar Program
ROSEMEAD, CA-The utility and the Denver-based industrial REIT strike a deal for a 607,000-sf, 2.2-megawatt rooftop solar installation, the first of many to come.

$650M Downtown MXD Tower Unveiled
NEW BRUNSWICK, NJ-Surrounding the city’s train station, the project would total 1.8 million sf of commercial and residential space.

Three Big Vegas Resorts in Question, Several Not
LAS VEGAS-Regardless of what happens to the Cosmopolitan, Plaza and Crown projects, several other major Strip projects are under construction and not under any known financial troubles.

Green Park Launches $500M Healthcare Unit
BETHESDA, MD-The multifamily lender will focus on independent-living, assisted-living and Alzheimer facilities for now but may eventually branch out to skilled-nursing.

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Regional Coverage
Northeast     Print Full Region
Developer Eyes Start for $500M Waterfront Plan
$450M Project Gets Green Light
DebtX Puts $380M Loan Pool on Block
HUD Funds Seed $107M Affordable Development
$290M Construction Loan Set, Funds Redo
Dranoff Takes Over Ardmore With $150M Plan
Henderson Global Investors Buys 177 Units
Shirlington Gateway Trades for $63M
Children’s Place Disney Entity Filing Chap. 11
Port Authority Cuts $60M Lease Buy-Back Deal
Ocean Grove Redevelopment Plan Gets Approval
Southwest     Print Full Region
Student Housing Sites Critical to Financing
$300M-Plus Galleria Buy Set to Close Next Week
Houston's Economic Girth Backing $272M Trade
Weingarten Secures $229M for 85% Stake in 2M SF
17-Acre Town Square Forges Ahead
Lauricella Land Unveils 154-Unit Condo Project
206,522-SF Braker Trio Gets Nearly $100 per SF
La Porte Moves On Town Square Plans
Children's Medical OKs 98,894-SF Class A Pact
Homeland Security Starts 48-Acre Border Complex
Midwest     Print Full Region
Casto Close to Anchors for $100M Mixed Use
Mars Equities To Start 90,000-SF Spec Office
Booz Allen Hamilton Inc. Signs Five-Year Lease
Primestor's $95M Project Lands 62,000-SF Anchor
RSC Under Way on $40M Transit-Oriented Project
MGI Pharma Inks Renewal for 75,023 SF
$19M Seed Jump-Starts Condo, Retail Project
Mid-America Expanding $35M Algonquin Center
West Coast     Print Full Region
First Payment for Palazzo Retail Misses Mark
$180M Opus Office Project Wins Approval
Retail Properties Hit Market at $70M
Coalition Unveils $90M Green Housing
$80M Waterfront Hotel Set to Open
Broadway Partners Shopping One Sansome
JB Matteson Buys Apartment Tower for $45M
Glimcher Plans MXD by Westfield Galleria
Furniture Firm's $20M Warehouse Goes Green
Southeast     Print Full Region
Atlanta Leaders: Sunny Days on Q1 2009 Horizon
JV Pushes SE Expansion Plans With $50M Buy
Data Center Development Firm Carves Out Niche
Vehicle Inspection Systems To Relocate HQ
Ground Lease for 130,948-SF Home Depot Sells
Summer Start Set for $15M Belleview Center MXD
Three-Acre Buy Sparks 50,000-SF Office Project
Around The Globe     Print Full Region
Carlton, Stanley Form JV With $500M Pipeline
MGM Explores Middle Eastern Real Estate
Central, Eastern Europe Firms Make Changes
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: AMB's Gene Reilly
Commentary: CBRE's Sally Wilson


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