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Top Stories for the Week of January 22, 2008
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Judge Dismisses Atlantic Yards Lawsuit
BROOKLYN, NY-Although there is still a pending federal court case challenging eminent domain, the ruling further clears the way for the project here.

Recession Woes Cloud Multihousing Picture in ‘08
BOCA RATON, FL-Although many see a recession looming on the horizon, a majority of industry execs believe 2008 will offer better buying opportunities than 2007.

Plise Adjusts Mix of Uses for $2B City Crossing
LAS VEGAS-With site work under way, the developer of the six-million-sf project adds retail, trims the office component and converts some condos to apartments.

Fifteen Group Envisions $2B MXD Project
LOS ANGELES-The plan by Fifteen Group would redevelop the 1930s era-Wyvernwood Garden Apartments into LEED-certified housing and commercial space in Boyle Heights.

District Reaches $1.1B Waterfront Deal
WASHINGTON, DC-The DC Council is now considering legislation that will provide up to $200 million in TIF and Pilot financing to pay for part of the project.

Wateron, CalSTRS Sell Apts, Start $625M Fund
CHICAGO-Waterton Associates and the California State Teachers' Retirement System sell five properties for more than $224 million.

Inland REIT, Juliet Partner on $500M Venture
OAK BROOK, IL-The JV hopes to develop properties in the West, mostly in the Las Vegas area.

Pioneer, AIG Cross Goal Line on 418,000 SF
DALLAS-Pioneer Natural Resources takes 293,000 sf through 2020 in Las Colinas' Williams Square and AIG grabs 125,000 sf for 11 years in the CBD's Plaza of the Americas.

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Regional Coverage
Northeast     Print Full Region
RLJ Development Closes $1.2B Fund
Njpac, Dranoff Seal Deal for MXD
Jersey City Council Approves Honeywell Deal
St. Regis Mohawks Sue Over Casino Decision
Matrix To Develop, Following 69-Acre Buy
BPG Closes $260M REIT Acquisition
DOC-Economou Unveils $230M MXD Complex
Gale To Develop 200,000-SF Pharma Expansion
EBL&S Gets Thumps Up to Advance $300M MXD Plan
Law Firm Relocates, Expands to 590 Madison
Bethesda Office Trades for $135M
Switch and Data Leases 163,000 SF
Southwest     Print Full Region
Fidelity OK's 210,000-SF Center in Mesa del Sol
Houston's Global Market Drives $3.4B Sales Year
$250M Residential Towers To Neighbor Art Museum
143,000-SF Office Opens $1.1B-Plus Buying Plan
567,396-SF Five Post Oak Ready to Hit Market
Oakridge, Baylor Mulling Plans for 89-Acre Site
Schott Solar Plans $500M Investment in Metro
264,455-SF Spec Leading White Rock's '08 Drive
First Phase Under Way for 500,000-SF Project
SEED Seeks to Advance Sustainability Measures
Sterling Signs 20-Year Consolidation Lease
$130M Contract Resting On Phelps Dodge Tower
Midwest     Print Full Region
Executive Pushes $323M Convention Hall Remake
Excelsior LaSalle Takes $200M Student Housing
Newcastle Buys $122M Multifamily Portfolio
ENH Expands to 154,000 SF at $500M-Plus Park
Stockholders To Vote on $122M Property Buy
Ikea Wants 344,000-SF Ohio Store by March 12
Owners Divest Two Offices Totaling 338,000 SF
Harbor Leads 10-Site Portfolio Buy for $51M
West Coast     Print Full Region
MGM, Dubai World Expand Tender Offer, Set Price
Multifamily Specialist Files Chapter 11
AMB Buys 902,000-SF Wal-Mart Warehouse
California Owners Put 386,000 SF on Market
Repositioning in Works for 1M-SF Furniture Mart
Maxxam, Wiseman JV Plans $60M Project
Macy's Web Unit Takes 70,000 SF at 685 Market
312-Unit Complex Goes to Market at $65M
Marnell Sells Three Office Buildings for $54M
Penumbra Inc. Leases 73,000 SF
Southeast     Print Full Region
WSG Pencils $160M MXD Midtown Memphis Project
Brookfield Acquires Apartments for $73M
Langer To Fill New Position at Equity One
AMB’s $24M Land Buy Spurs 1M-SF Industrial
$32M, 120-Acre Land Buy Spurs MXD Project
ProLogis Acquires 72,000-SF Building, 18 Acres
GMH Lands $37M Housing Contract at Fort Stewart
WP Carey Acquires Cold Storage Facility for $25M
Rubicon Investments Sheds 90,000 SF for $25M
Around The Globe     Print Full Region
GE Buys 172,000-SF Poland Office
Complex Gets $69M Expansion From Skanska
2008 German Office Forecast Is Sunny
Departments
Executive Watch: The Hottest Openings; Insightful Commentary
UpClose: CBRE's Jonathan Hull
ViewPoints: Succeed by Design
Commentary: Torto Wheaton's Ray Torto


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