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Top Stories for the Week of April 28, 2008
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Warburg Pincus Closes $15B Global Fund
NEW YORK CITY-The locally based firm remains focused on early-stage, growth and late-stage businesses across North America, Europe and Asia.

CBRE's $2B Equity REIT Stakes Second UK Claim
LONDON-The REIT pays £13,795,000 or $27.86 million for the 40,468-sf Thames Valley Five, a class A office building leased to Regus Group. And, the buying has just begun.

Clise Pulls Prime Property Portfolio from Market
SEATTLE-Capable of supporting as much as 13 million sf of development, the 12-acre chunk of Downtown was expected to fetch upward of $600 million and cost billions to develop.

Morgan Stanley Fund Gets Additional $2.5B
NEW YORK CITY-Roughly 63% of the firm's additional equity commitments come from investors located outside of the US.

Coppel Starts Work on $1.5B Quivira Resort
LOS CABOS, MEXICO-The site is to include more than 1,000 homes and a Ritz-Carlton hotel, surrounded by two Jack Nicklaus golf courses.

Arby’s Parent Buying Wendy’s In Stock Deal
DUBLIN, OH-The combined companies, to do business as Wendy’s, will operate about 11,000 restaurants.

GE Buys $2.5B Loan Book From Capmark Europe
LONDON-GE Real Estate's collateral is 39 performing assets of retail and office, mostly in Germany. With the closing, GE marks its second Pan-European mega-deal in five months.

Construction Safety Still a Concern
NEW YORK CITY-Although the City is launching a $4 million investment to analyze high-risk construction activities, insiders still express a magnitude of concerns.

MGHerring Parades First Retail List for $1B MXD
ALLEN, TX-The developer ends the guessing game about who's coming to the Village at Allen, debuting 70% of the roster. Still under wraps is its sister project's cast of players.

Clayton to Okay $568M Brown Shoe HQ by Fall
CLAYTON, MO-Clayco and US Equities are partnering to redevelop the shoe retailer’s current headquarters, with a mixed-use project that includes 1.2 million sf of office.

Former Congressman Moves to Real Estate
NEW YORK CITY-Rick Lazio, who serves as EVP of global government relations and public policy at JP Morgan, is heading to the firm's real estate and infrastructure group.

DOB Commissioner Quits Amid Accident Concerns
NEW YORK CITY-Bloomberg examines the spike in construction accidents and looks for answers as to whether or not the D.O.B. has done everything it could to prevent the accidents.

Bush Taps Preston as HUD Chief
WASHINGTON, DC-With Alphonso Jackson's departure, the housing agency needs to fill the leadership vacuum if it wants to successfully steer through the housing crisis.

Dodgers Announce $500M Stadium Improvement Plan
LOS ANGELES -The Los Angeles Dodgers unveil a multi-faceted Silver LEED stadium improvement plan that will bring modern amenities to the 46-year-old venue.

Print Top Stories

Regional Coverage
Northeast     Print Full Region
Vornado, Subsidiary To Redo Trade Show Facility
Chelsea Starts 435,000-SF Outlet Mall
James Campbell Reaps $170M in Tower Sale
DC Seeks Co-Developer for 90,000-SF MXD
High Street Equity Buys 750,000-SF Portfolio
ING Clarion Gets $118M for Industrial Refi
'Columbus Village' Suit To Focus on Zoning Error
JV Begins Construction on Retail Space
22-Story Green Office Lands Brand Hotel
Principal Financial Inks 70,000-SF Deal
Starwood’s Element Brand to Go All Green
GID Puts 240-Unit Asset in Front of Investors
Southwest     Print Full Region
Hines JV Building 2M SF in Two Logistics Parks
PNL Unveils Retail Plan for $200M City Place
Galderma Campus Getting 50,000-SF Expansion
Chang’s Cautious On Pei Wei Growth
Vestar Trips Green Light for Retail Pipeline
Deliveries Put Pressure on Multifamily Sector
Rreef Marches 1M-SF Plus Portfolio to Market
Universities Race to Add Freshman Housing Units
108 Condo Owners Eyeing Vintage Complex's Sale
JV Stakes 18-Acre Claim for $25M Retail Project
$16M Residential Project Breaks Ground in July
Honeywell Adds 73,899 SF in Metroplex
Midwest     Print Full Region
MPI Research Plans $330M Laboratory Expansion
$270M NewCity Set for Summer Start
Cloverleaf Group Acquires West Aurora Plaza
Ferchill Picks Opening for $180M Icon Re-Do
Restaurant Depot Buys at Redeveloped Center
German JV Tower Draws $160M Price Speculation
Hotel Arista To Join $300M CityGate Project
Mid-America Enters Minneapolis Retail Market
Regency Pays More Than $90M for Sycamores
Perfetti USA Leases 70,000 SF at Park West
JLL To Accredit 500 Green Employees By 2009
West Coast     Print Full Region
Pacific Plans 403,000 SF of Acquisitions
City Unveils $125M in Green Developments
Two Move Closer to Major Waterfront Project
Macerich Renovates Oaks Center for $250M
Calera Buys 184 Units for Repositioning
Bascom Buys 406 Units for $63M
2,500-Room Hotel Plan Up for Approval
Market Stats: Vegas Industrial Vacancy Keeps Rising
Allstate REIG Lends $80M to ProLogis Fund
Record-High Vacancy in Vegas Retail: 5%
Southeast     Print Full Region
Weingarten Realty Closes on 23-Acre Retail Site
Eaton Vance Buys Miami Office Building
A&B Acquires Industrial Park, Leases 711,000 SF
CoreNet Elects First Non-US Chairman
Gtech Signs Lease at I-4 Commerce Park
DZD Switches Gears with Palmetto Gardens Plaza
Wood Partners Returns to Auction Block
Around The Globe     Print Full Region
SCS Takes Advantage with $300M Hotel Fund
Global Trade Sparks Toronto Industrial Growth
Bibby to Succeed CEO at Grosvenor Americas
Development Securities Hires for $174M Office
Wragge Leases 250,000 SF in Two Snowhill
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: Steve Patterson of NAHB
Commentary: Grubb's Robert Bach


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