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	Top Stories for the Week of February 19, 2008	Print Full Issue
	Click Here For Regional Coverage 650 Madison Sale Confirms Trophy Strength NEW YORK CITY-Although Ashkenazy’s reported $695-million price is below an earlier estimate, sources don’t see a downward trend in trophy pricing. $700M Project Moves One Step Forward MONTICELLO, NY-Empire Resorts and Concord Associates reach an agreement for a hotel/resort gaming complex at the Concord Hotel here. Clark Realty To Develop $2.5B Poplar Point WASHINGTON, DC-Clark is beating out an Archstone-Smith and Madison Marquette JV and Forest City Enterprises to build the largest economic development project yet in the District. Billion-Dollar Moulin Rouge Remake on Tap LAS VEGAS-The historic hotel and casino that took center stage in the civil rights movement here would be recreated in modern fashion under plans submitted to the city officials this week. Empire-St. Regis Mohawk Marriage Is ‘Over’ AKWESASNE, NY-The St. Regis Mohawk Tribe formally drops its plans for a $600-million Native American casino at Monticello Raceway here. $2B MXD Planned for Elizabeth Waterfront ELIZABETH, NJ-The completed 30-acre project will feature office, residential and recreational space, hotels and a ferry terminal. Inland American Buys 22 Hotels for $900M OAK BROOK, IL-The 22 hotels, acquired from RLJ Cos., have a total of 4,061 rooms and are in 12 different states. Gramercy Stockholders on AFR Buy: 'Go for It' NEW YORK CITY-At an AFR meeting of shareholders held Wednesday morning, approximately 73% of shares were voted 'for' and only .4% 'against' the $3.5-billion merger. DDR Presents Plans for 2M-SF Retail Project OCONOMOWOC, WI-The Beechwood, OH-based retailer has taken over the Pabst Farms retail project from General Growth, which dropped its plans in October. $1.2B MGM-Dubai World Tender Offer Successful LAS VEGAS-More than 100 million shares are tendered for the 15-million-share offer that expired on Valentine’s Day. Work To Begin on Marina for $2B Liberty Harbor BRUNSWICK, GA-When completed, the 450-slip marina will be the largest between Charleston, SC and Miami. Related, Lubert-Adler JV on $1B Multifamily Boost MIAMI-The companies plan to acquire mortgages and multifamily properties in Florida from other developers, lenders and property owners. Behringer Harvard Nears Launch of $1.5B REIT DALLAS-Behringer Harvard Multifamily REIT I Inc. is a $1.2-billion offering with a $285-million supplement. The carrot is mezz loans and stakes in a 2,377-unit portfolio. $1.4B Takes GMH as Sector Consolidates NEWTOWN SQUARE, PA-GMH is also selling its military housing portfolio to UK firm Balfour Beatty for $350 million. Stream Realty Developing 500,000-SF Spec Office THE WOODLANDS, TX-Ground breaks May 1 on Stream Office Center, a three-building project with a 180,000-sf first phase. Ten of the 35 acres are earmarked for retail. Print Top Stories

Regional Coverage
Northeast     Print Full Region • Challenge Questions GM Building Ownership • Vornado Refinances Mall for $335M • AXA Leases 245,000 SF at Newport Tower • ProLogis Hands 1M-SF Lease Up to CBRE • Sources Say $180M CrossPoint Sale is Dead • Carlton Places $92M Toward Cardinal JV Buy • Boutique Hotel To Open on Boardwalk • MedAssurant Nabs 96,932 SF in Gold LEED Office • NYC Law Department Renews Church St. Lease • Segal Co. To Take 144,296 SF in 2010 • Sheraton Adds Denver, Dallas Hotels to Portfolio • Murray Hill Pre-Empts Bids on 1250 Broadway • Richard Mack: 'Assets Must Be Repriced'	Southwest     Print Full Region • Premium Waters Secures 291,684-SF Block • Glimcher Begins Balance Of $75M Surprise Pointe • Auto Association Spends $45M for 203,715-SF HQ • HEI Lays Out Turnaround Plan for 286-Key Hotel • Simmons & Co. Expands Office to 60,000 SF • Hillwood Test Driving New Apartment Policy • Camden Eyes $300M Equity Raise for Value-Adds • Integra Leveraging RICS for Global Expansion • Two Office Leases Fill 65,794 SF • Capital Senior Living Axes $35M Buy-Out
Midwest     Print Full Region • Hallmark Takes Healthy 257,000-SF Lease • Jabez Plans to Replace Rocks With $110M MXD • Ascent Solar Spending $75M on New HQ • ING Clarion Sells 103,253-SF Flex Office • Madison Dearborn Partners Moves to 58,100 SF • Virchow, Krause Signs for 47,000 SF at Plaza • TA Acquires 10-Building Portfolio for $46M • Marketing Werks Takes 44,463 SF at Prudential • Jager Offers Northland Center Core for Sale • Remax Commecial Office To Open Downtown	West Coast     Print Full Region • ULI Asks: 'Can Stand-Alone Malls Survive?' • Market Thrives Despite Writers' Strike • 253-Unit Complex Hits Market at $75M • MGM Mirage Reopening Monte Carlo Feb. 15 • Invitrogen Restructures 75,000-SF Lease • Prometheus Adds North Park Apts. for $47M • $40M Takes 121,000 SF in Off-Market Sale
Southeast     Print Full Region • CBL Venture's $90M Buys Renaissance Center • Faison Starts 370,000-SF North Logan Commons • Resurgens Orthopaedics Renews for 72,000 SF • The Crexent Enters Market With 36,000-SF Lease • Silver-McCann Fund Adds 264 Units to Portfolio • Hotel To Rise at Miramar Park of Commerce	Around The Globe     Print Full Region • ‘Short Sharp’ Correction Shaping UK Market • Elman Investors Buys Former Consulate in Brazil • CBRE Acquires Eurisko of Romania for $35M • Colliers International Opens Montenegro Office • Report: UK To Suffer Most in Subprime Crisis
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