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Top Stories for the Week of September 2, 2008
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CRE Main Moving Target for $14B HP-EDS Merger
PALO ALTO, CA-HP and EDS, with more than 87.2 million sf worldwide, had pre-merger consolidations working and more moves are coming. Next month, HP sells two million sf in Houston.

Conference: IE Shadowed by Dark Economy
ONTARIO, CA-There's no nice way to spin it, one of the speakers says at the third annual RealShare Inland Empire conference, which draws more than 250 registrants.

Parmenter Lines Up $2B Acquisition Fund
MIAMI-The investment company seeks South Florida multifamily assets along with value-add offices.

Fannie Replaces CFO, Hopes for Recovery Rise
WASHINGTON, DC-Fannie Mae stock continues to rise as the market begins to believe that a government bailout will not be necessary.

New Brokerage Launches $1B Non-traded REIT
OAKTON, VA-Five X Securities is also planning to raise a $250 million private equity fund that will be levered to $500 million in purchasing power.

Shanghai Medals with Third-Highest Building
SHANGHAI, CHINA-The $1 billion Shanghai World Financial Center will have a public observatory on the top seven levels of the 101-story facility.

Microsoft Unveils Fifth Data Center for $500M
WEST DES MOINES, IA-New center will employ 50, featuring servers in pre-loaded shipping containers.

Building Collapse Report Raises Further Queries
NEW YORK CITY-A report on 7 World Trade Center's collapse on 9/11 raises some key questions, not on the event itself, but on the new guidelines and improvements that were proposed.

Fed Foresees Moderate Inflation
WASHINGTON, DC-Lehman Bros. may have attracted a buyer. But other economic indicators are pointing to a continued rocky road for real estate.

M Resort Raises Profile for Planned Opening
HENDERSON, NV-Many developers are keeping a low profile in these changing times, but the $700-million M Resort, Spa and Casino is planning a higher profile--literally.

King of Prussia Mall Goes to Market
KING OF PRUSSIA, PA-Australia’s Lend Lease is giving HFF the mandate to sell its 50% share in the 2-million-plus-sf mall.

Foxford Development Plans 20-Acre Mixed-Use
HINSDALE-The company's Hinsdale Club project will include 60,000 sf of retail space, in addition to office, residential and hotel components.

SugarHouse Ruling Prompts Call for Action
PHILADELPHIA-Four lawmakers say the state Supreme Court erred in granting riparian rights to the planned casino project on the Delaware waterfront.

Print Top Stories

Regional Coverage
Northeast     Print Full Region
$315M MXD Gets Phase I Approvals
Experts Tackle Uncertain Q4, Make Predictions
STAG Capital Grabs 121,760-SF Facility
JV Receives Funding for Brownfield Remediation
Work Begins on $400M, 636,000-SF Hospital
Planning Commission OKs Rezoning Plan
$255M Taj Mahal Expansion Set to Open
O’Neill Plans $100M MXD
WPC Breaks Ground on MD Multifamily
Ann Taylor Execs Banking on Loft Outlets
300,000-SF Shopping Center Nears Completion
$90M Columbus Circle Museum Readies for Opening
Southwest     Print Full Region
Northland Wins Equity's 2,985-Unit Portfolio
Investors Play Waiting Game for Office Deals
Three-Year Loan Clears for $200M MXD
Northland Unveils Texas Strategy for $270M Buy
435,179-SF Spec Draws Fossil as First Tenant
IDI's 259,200 SF Lands Midwest Air Expansion
UT Medical Branch Adds 29 Acres in SE Corridor
Pisula Plans 180,000 SF in Two MOB Projects
360-Unit Pradera Project Nearing Vertical Stage
Rental Replacement Slows New Orleans' Road Back
FDIC Adding 125,000 SF to Energy Plaza Sublease
Midwest     Print Full Region
Jaffe Cos. To Open $200M Center Next Month
AmTrust Realty buys 135 S. LaSalle for $190M
Gates Buys Over 5% of Strategic Hotels Stock
New $200M Hospital To Have All Private Rooms
Hempel Seeks Partner in $63M Conversion
Borders Hits Store-Opening Goal
Tandem Breaks Ground on $40M Cargo Facility
Marc Realty Buys Seven-Story 180 N. Wacker
Bridge Development Begins 383,305-SF Park
US Equities Starts Work on $40M MetraMarket
Pitney Takes Almost 100,000 SF in MetroAir
West Coast     Print Full Region
$250M Eastside Cannery Casino Debuts
Lenders to Tropicana: Sell Indiana Casino
Maguire Closes on $211M Main Plaza Sale
BRE Sells Canterbury Downs to CTL Management
Dinerstein Plans $130M Apartment Complex
JV Lands Nearly $47M for Mixed Project
Confab Pushes to Reduce Housing Hurdles
$47M Lease Ranks Among Largest in Region
Apartment Investors Spend $41M for 253 Units
L.A. Live Tops Out Regal Cinema
Southeast     Print Full Region
TCC Plans $175M Industrial Park
Chico's Cautious on Growth
JV Acquires Union Station Apartments
Omega Launches Opportunity Fund
Cherokee Trace MXD Getting Second Hotel
First Industrial Lands 182,000-SF Lease
Around The Globe     Print Full Region
JLL Marketing $440M-Plus Aussie Resort Portfolio
3C Group Finishes 700,000-SF IT Building
Keen Adds Tenants to New $141M MXD Project
First Hilton Opens after $100M Renovation
Departments
Executive Watch: Executive Watch
UpClose: National Multi Housing Council’s Mark Obrinsky
Commentary: Seyfarth Shaw LLP’s Maura B. O’Connor


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