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	Top Stories for the Week of May 5, 2008	Print Full Issue
	Click Here For Regional Coverage Sovereign Wealth Funds Eyeing More Real Estate LONDON-Experts say SWFs are sizing up real estate buys in a breather from the bailout of Western financial markets. The stealth funds now control $3.5 trillion worldwide. Altus, Integra Disclose Merger, Plan $1B Firm FORT WORTH-The plan is aired to stifle speculation about the buy-in and the buy-out. The marriage will create one of the world's largest independent valuation and consulting firms. Venture JVs to Acquire $1B in Urban Retail, MXD NEW YORK CITY-Madison Capital and affiliates of Prudential will purchase properties ranging from $5 million to more than $100 million here and in other major urban markets. Sale-Leasebacks Pick up With Slower Economy NEW YORK CITY-Panelists at Real Estate Media's RealShare Net Lease conference say that although we aren't out of the woods yet, they do see a light at the end of the tunnel. Report: PA Casino Haul Could Top $2B in '09 HARRISBURG, PA-Four new licensed casinos scheduled to open by July 2009 could add $650 million per year in gross terminal revenues. Boston Mayor Steps Up JP Morgan Assistance BOSTON-The financial services firm is negotiating to move its custodial funds division to the Seaport District. Report: US Infrastructure In Trouble WASHINGTON, DC-The Urban Land Institute and Ernst & Young paint a dismal picture of the state of US infrastructure in its annual report. 25-Acre Oyster Point Site Under Contract SOUTH SAN FRANCISCO-The waterfront property, currently home to 400,000 sf of industrial and a marina, could hold as much as 1 million sf of office/R&D space. Ashford Assembles $600M Mezzanine Loan Pipeline DALLAS-The REIT moves deeper into its strategy to use the arena as a fertile deployment ground for gains from this year's hotel sales, which are on track to top $600 million. Queensridge Retail Gets New Investment, Name LAS VEGAS-The 30-acre mixed-use development here gets a new name shortly after Israeli-based IDB Holdings Corp. ups its stake in the $850-million project due to open in spring 2009. $750M MXD East Avenue Wins First Office Tenant AUSTIN-Texas Monthly inks a 10-year deal for 21,000 sf in the 176,000-sf office component of East Avenue. More deals are pending for the project, which delivers in Q2 2009. Print Top Stories

Regional Coverage
Northeast     Print Full Region • MXD Lands $217M Construction Financing • Dirt Moves on $200M Spec Office • ING Sees 'Short, Shallow' Recession • ING, JV To Develop $150M Mexico Resort • 20-Story Residential Tower Takes Flight • Construction Restarts for 185,000-SF Campus • Newmark Markets Major Block at Harbor Plaza • Signings Bring $250M-Project Near 100% Occupancy • New Boston Chasing 167,000-SF Office Park • MXD Proposed for Former Landfill • United Dominion Takes 264-Unit Multifamily	Southwest     Print Full Region • Hines Closes $272M Buy of 1M-SF Trophy Tower • Construction Under Way on 26-Acre Office Park • 363 Prized Acres Return to Texas' Land Bank • Carson Jump-Starts Work on 401,388-SF Spec Plan • Shorenstein's $122M Cash Offer Won Sellers' Nod • Equus Converting Cendant HQ Into Hilton Hotel • HeidelbergCement Drives Lease to 150,815 SF • Shorenstein Properties Buys Five Post Oak • Enbridge Energy Pushes HQ Lease to 264,400 SF • KB Alexander Plans Four-Building Project
Midwest     Print Full Region • Panattoni Enters Phase Two of $170M Park • Alberta, MD Dissolve JV in 3M-SF Mall Rebuild • ODW Sells 750,000 SF in Perot’s Midwest Entry • Prime Qualifies for $188M Tower Reposition • Bissell Homecare Asks for 500,000-SF BTS • Wheaton Opens $90M Hospital in Growth Area • PrivateBancorp Takes 105,000-SF CBD Lease • Capital Drops Conversion, Offers Apt Auction • Seller Asking $51M for 528 Apartment Units • Buckingham Sees $45M Potential in North Area	West Coast     Print Full Region • UDR Buys Luxury Multifamily for $115M • Transpacific Inks Anchor for New Office Project • Postal Service Acquires 261,000-SF Center • Apartment Sales Drop Off, Prices Hold • Aimco Places Three Complexes on Market • Construction Loan Defaults Jump in Q1 • Pacific Life Occupies New 247,0000-SF HQ • IMT REIT Pays $69M For Apartments • Boyd’s Vegas Revenues Decline in Q1 • Exchange Buyer Pays $29M for Retail Center
Southeast     Print Full Region • First Financial Selling $400M Loan Portfolio • Arby’s, Wendy’s to Pursue International Growth • Bluegreen Secures $75M Revolving Credit • Ground Breaks on Suburban Shopping Center • Metro Office Markets Regain Space • Seagis Acquires 92,000-SF Industrial Building • Buildings Going to Market Despite Credit Crunch	Around The Globe     Print Full Region • Owens Sells Two European Plants For $242M • GTC Fills Landmark's Residential, Retail • Melco Plans World-Class Resorts in China • ProLogis Starts 2M-SF-Plus Distribution Park • BVK Announces 355,000 SF Office Plans
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