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	Top Stories for the Week of April 21, 2008	Print Full Issue
	Click Here For Regional Coverage Gramercy Restructures Following $3.3B AFR Buy NEW YORK CITY-Robert Foley is promoted to COO and John Roche is appointed as CFO only weeks after the firm's AFR acquisition. $2B Liberty Harbor Project Going Vertical BRUNSWICK, GA-Custom residences are under way, with marina and condo construction later this year. Republic Says 750-Acre MXD Cost Now at $1B HAMILTON COUNTY, IN-The Saxony development is supposed to have four million sf of office, industrial and retail, and 1,300 residential units, by 2018. Town Council OKs $1.5B Ritz-Carlton Development PARADISE VALLEY, AZ-Five Star Development and Ritz-Carlton win nods for a 225-room hotel, 160 villas and 15 one-acre home sites on 123 acres. Presales could start in May. Scarcity of Capital Causes Debt Disconnect NEW YORK CITY-Insiders agree that spreads have widened and although there has been a shift in the industry in the past year, 'we are back to the basics.' Circuit City Balks at $1.3B Blockbuster Offer RICHMOND, VA-The movie rental giant reveals it wants to buy Circuit City for $6 to $8 per share, though not many outside of Blockbuster are sure why. ACC Selling 4.5M Shares to Fuel $1.4B Merger AUSTIN-American Campus Communities positions itself for this quarter's takeover GMH Communities Trust. The plan includes a $200-million commitment letter from KeyBank. First Phases of $1B MXD Set to Open in 2010 CARROLLTON, TX-High Street Residential will do face maps for three transit-oriented projects in the city. Phase ones will rise and open in sync with DART light-rail stations. UDC Global Unleashing $1B Development Fund FORT WORTH-Netherlands-based United Investment and SNS Property Finance put UDC in the driver's seat to buy and build net-leased retail properties in Sunbelt states. Ninth Shorenstein Fund Swells to $2B SAN FRANCISCO-Shorenstein re-opened the fund to additional commitments at the end of 2007 to take advantage of disruptions in the debt markets. Replacement Ahead for Sands Convention Center LAS VEGAS-Las Vegas Sands Corp. plans to build a new Sands Expo on an adjacent site and redevelop the existing site, which abuts its two main Strip properties. Cappelli Shuffles Plan, Seeks $1B Resort ROCK HILL, NY-Developer Louis Cappelli is now pursuing plans for a $1 billion hotel/resort complex at the former Concord Hotel in the Catskills. Analyst: Merrill Layoffs Create Uncertainty NEW YORK CITY-Merrill Lynch’s layoff of 4,000 people won’t have an short-term impact on office leasing, but it is another cloud over the financial-services sector, analyst says. Print Top Stories

Regional Coverage
Northeast     Print Full Region • LaSalle Groups Partner on $250M Equity Pool • Normandy Gathers $200M Refi for Portfolio • Urdang Closes $463M Philly Area Fund • Vico Capital Acquires CBD Office for $173M • Trump May Buy Out EnCap Golf Holdings • Two-Building Office Sells for $88M • Many Factors Lead to Highest Price PSF Trade • Industry Watchers: Owner Concessions On Rise • Industry Watchers: Concessions Go Only So Far • Prime Retail Unveils $55M Green Expansion • 1M-SF Warehouse Site Could Double in Size • Research Campus Gets First Tenant • Resident Files Suit Seeking Environmental Review • Westchester Hails New Film Incentive	Southwest     Print Full Region • Conti & Costanzo Fire Up 2,000-Unit Buying Plan • Gaylord Drops $252M Buy of Westin La Cantera • CBL, Sueba Forge Pact for $200M-Plus Project • Texas' First AVIA Coming to $160M Market Street • Prime Income's Leasing Changes Impact 3M SF • 24-Story Hilton Americas Hitting Market in May • Irving's Leaders Eyeing Five-Mile MXD Plan • Hopi Nation Readies Next Stage of $110M Plan • Duke, Det Norske Veritas Ink 90,000-SF BTS Deal • Houston Pros Bet That Office Gain Will Hold • Bostonian Group Grabs 299-Unit High Rise
Midwest     Print Full Region • Casto To Begin Leasing 105-Acre MXD Project • Campbell Breaks Ground on $142M Race Track • Shorewood Buys 80 Acres for MXD Development • GSH Readies Next Phase of $65M+ Project • Fonterra USA Moves HQ to Columbia Centre III • Realty Investment Offers Two Apts for $46M • MCZ Forms Disposing/Repositioning Division • Cobalt Buys Four-Building Portfolio for $15M • Macquarie Adds to Capital Transactions Team • Law/CPA Firm Buys Into Own Office in Oakland	West Coast     Print Full Region • Canyon-Johnson Closes $1B Urban Fund • JRK Hotels Renovates Beachfront Property • Boyd, Olympia Propose North-End Resort, Casino • $92M Refinances 400,000-SF Parkside Towers • Catellus Lands 550-Acre Assignment • City Center West Sells for $325 Per SF • NAI Global Quickly Reopens Vegas Office • Glenoaks Gardens Plans 61-Unit Complex • Shoe Manufacturer Inks 423,000-SF Deal
Southeast     Print Full Region • Peabody Orlando Gets $405M Expansion Loan • Crescent Advances Atlanta Metro Projects • Halpern Enterprises Sells Suburban Shopping Center • Suburban Medical Campus Gets Under Way • Miami Launches Facade Improvement Program • Publix Rings Up $56M South FL Expansion • Ikea Forges Ahead with Southern Expansion • Intracoastal Mall to Include 30,000-SF Restaurant Row • NCRC Signs Lease with Drug Developer • Lamar Enters GA with $23M Buy	Around The Globe     Print Full Region • China Leading Globally With Airport City Plans • European Cities Seeing New Shopping Formats • PREI Buying 70,423-SF CBD Project From PAZ • Nestle's Landmark Lease Fills 409,000-SF Trophy • Smaller European Markets See Retail Growth • Fairmont Signs On at 2,700-Acre Roco Ki
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