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Top Stories for the Week of July 14, 2008
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$6.8B Airport Targets 50M Passengers
ABU DHABI, UAE-About 25,000 people a month are moving into the region for work and to join in a high standard of living, says the project architect.

Work Starts on Retail for $4B Project
CHICAGO-Customers for the 140,000-sf retail center will come from properties such as the Tides, a 51-story apartment building at the $4 billion Lakeshore East.

Governor OKs $3.9B for School Projects
NEWARK-The Schools Development Authority, successor to a scandal-ridden predecessor agency, will oversee the new funding.

Chrysler Building Sale Typifies Larger Trends
NEW YORK CITY-Experts say high-profile deals help define pricing levels and show that cash-rich players are in charge

Q2 Ends with $1.6B in Office Sales
WASHINGTON, DC-GVA Advantis will be releasing figures this week that show an uptick in sales from the first quarter.

Panel: Recession Could Impact Holiday Sales
BOSTON-But larger companies, such as Simon Property Group, could find opportunities in the current economic environment.

Maguire Rejects $1.1B Buyout Offer
LOS ANGELES— Pacific Office Properties Trust Inc. offered to acquire Maguire for $1.1 billion in early June for around $20 a share.

Morgan Stanley in $774M Resort Deal
HAINAN ISLAND, CHINA-The bank will help develop the 9.7-million sm project in the southern China province.

Baltimore College Seeks Bidders for Redo
BALTIMORE-Baltimore City Community College’s RFP could mean a $750 million redevelopment of an overlooked piece of the city’s Inner Harbor.

Apollo Closes $758M Investment Fund
NEW YORK CITY-The fund, which is focused on existing, income-producing US properties, will seek to create a diversified portfolio across major property types.

$750M-Plus MXD Project Adding Hotel, Med Center
DENISON, TX-TPJ Properties and Brody Associates advance Gateway at Southpoint. A hotel and medical center are under way, with deals brewing for retail and residential.

New Casino-Hotel Coming to Lyon County
CARSON CITY, NV-The project will rise at the entryway of the Traditions planned-unit development in Dayton, which lies 16 miles east of Carson City along Highway 50.

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Regional Coverage
Northeast     Print Full Region
Boston Capital Closes $150M Fund
PA Gets Transportation Infrastructure Investment
Endurance Buys 737,283-SF Industrial Portfolio
$150M Lands Luxury Apts. for JP Morgan
Steve & Barry’s Files Chapter 11
Defense Dept. Renews 500,000-SF Lease
Meatpacking District Building Gets $90M Refi
DataPipe Gets $75M to Expand
Lincoln Property Sheds 700 Broadway for $70M
Municipal Buildings To Reduce Greenhouse Gas
Office Trophy Gets $53-Million Makeover
Southwest     Print Full Region
53-Acre Sale Jump-Starts Plan Near Ship Channel
DiNapoli Capital Spends $96M for Hyatt Regency
Transocean's HQ Total Climbs to 300,000 SF
Mountain West, Vantage Close 772,500-SF Deal
Glenwood Eyeing 317-Bed Project Near ASU Campus
Cobalt Lobs $50M Round for 1M SF of Industrial
Behringer Harvard REIT I Trades Class A Office
Oak Cliff Portfolio Sells in 23 Days
Loan Extension Requests Becoming Sign of Times
458,936-SF Buckeye 75 Pulls $35M at Closing
Satterfield Helm Takes 215,887-SF Northway
Midwest     Print Full Region
VP Ventures Plans $240M of Hotel Investment
Industrial Continues to Weather Crunch
City Approves Expansion for $150M Office Plan
Dreams Relocates to Former Crate & Barrel HQ
Inland Buys $100M Interest in Wakefield
Defaults May Rise Until 2010 in Markets
Syngenta To Plant Roots on 110,000-SF HQ
IREM, Green Council Sign Promotion Pact
Lung Association Buys Space at 55 W. Wacker
Keystone, Lopez Join for $43M Chicken Plant
West Coast     Print Full Region
Planning Commission OKs 1,400-Acre Development
Wynn Reports Poor Quarter in Vegas
948-Unit Apartment Complex Fetches $192M
Historic LAX Theme Building Set for Renovation
AMB Leases Remaining 750,000 SF at Redlands
Office Market Continues Slide in Q2
USC Project Combines Apartments, Retail
Noble Acquires the Hyatt Regency Valencia
First Industrial Fills 214,000-SF Logistics Building
Archstone Sells Monterey Grove to AIM for $56M
Southeast     Print Full Region
Crosland, Reed Plan 57-Acre Multi-Use Project
Study Ties Hotel Demand to Airlines
Area’s First LEED Industrial Coming Soon
Actus Lend Lease Begins Army Hotel Work
Healthcare REIT Inks $93M Stack of Deals
Around The Globe     Print Full Region
First REIT Enters France, Germany With $475M
Sponda Wins L&R's Nod for $185M Moscow Buy
Dubai Getting 220-Room Luxury Starwood Hotel
Departments
Executive Watch: Executive Watch
UpClose: Ernst & Young’s Roth
Commentary: Greenberg Glusker’s Jim Hughes


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