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	Top Stories for the Week of June 9, 2008	Print Full Issue
	Click Here For Regional Coverage GMAC Recaps $60B Portfolio NEW YORK CITY-This global refinancing is extending key bank facilities, extending unsecured debt maturities and increasing the amount of available funding. City OKs $3B Harbor Point Plan STAMFORD, CT-The first phase of the long awaited six-million-sf redevelopment of Stamford’s South End, will begin later this summer. Safety Scrutinized After Crane Tragedy NEW YORK CITY-Friday's crane collapse, which killed two construction workers and injured another, raises construction safety concerns here for the second time this year. KBS REIT Launches $2B Offering NEWPORT BEACH, CA-KBS Real Estate Investment Trust II, a nontraded REIT, commences its initial public offering of up to 200 million shares at $10 per share. GE Joins European Hotel Fund, Sets $1.5B Goal PARIS-The Capital France Hotel Fund now has 12 properties in France with 2,140 rooms. The venture plans to buy mid to upscale properties by 2011. Australian Firm Puts $600M Portfolio on Market WASHINGTON, DC-This is a high-quality portfolio as its tenant base is primarily US government agencies that are expected to remain in the buildings in the long term. ProLogis Rates Largest LEED Gold Building MORRIS, IL-The 800,000-sf facility was built on spec and is leased by Kraft Foods, but the interior was later renovated to the highest green standard. Goldman Tower Work Resumes With DOB Lift NEW YORK CITY-The Department of Buildings lifts a stop-work order imposed on the 43-story building project currently being managed by Tishman Construction Corp. Greektown Gets Loan, Continues $500M Casino DETROIT-The ownership group received bankruptcy court approval for a $51.3 million loan Wednesday, allowing it to pay contractors for its permanent site Downtown. Outlook Good for Northeast Industrial NEWARK-Despite the economic downturn, the Northeast could see an industrial boom in the coming years. Print Top Stories

Regional Coverage
Northeast     Print Full Region • $149M Highway Project Launches • Feil Buys 1M-SF MXD Portfolio • Retailer Inks $100M Redevelopment Deal • Sources: Starrett City Ruling Thins Buyer Pool • Union Investment Acquires $100M Tishman Office • Wyndham Buys 29,000 Hotel Rooms • 400,000-SF Potential MXD Site On the Block • Apartments Sprouting Up at Chestnut Green • Verizon NJ Will Lease Back 200,000-Plus SF • Stewart Stamping Building Hits Market for Sale • Blues Going Green at Rhode Island HQ • $77 Million Takes 11 Industrial Properties	Southwest     Print Full Region • Lexington-Inland JV Adds $150M to Buying Pool • LaPour Partners Pencils Work on 650,000-SF Plan • $100M Fairmont Grooming Begins for Waldorf Flag • Peloton Takes 500,336-SF Leasing Assignment • Johnson Development Eyes 450,000-SF Phase Two • Bailey, Banks & Biddle Joins CityCentre Roster • KBS REIT Take Keys to 353,461-SF Millennium • New Retail Hub Emerging in Northeastern Suburb • Francis Property Takes 300-Unit Harbor Walk • Woodlands Development Building More Retail • Land Practically Gone in 440-Acre Interwood
Midwest     Print Full Region • Steiner Proposes $250M MXD at New Interchange • Duke Drops 1M-SF Office Sale, Hires CBRE • Credit Crunch At Front of Mind in Chicago • UPM Opens $100M, 225,000-SF Factory • DeBartolo Has LOI for 600,000-SF Mall, More • Suburban Office Market Hurting More than CBD • Crème de la Crème Plans 50% Growth over 18 Months • Partnership Buys 96-Unit Vacant Apt Complex • FedEx Finishes Property Buy for New $87M Hub • Fraternal United Plans Sale, Leases at Island • Solideal USA Signs 124,000-SF 10-Year Lease	West Coast     Print Full Region • Crown JV Drops $475M Option, Loses $70M • Rosenfeld Group Pays $367M for Century Plaza • HCP Places $259 Million Secured Financing • Thomas Properties, UBS in $250M JV • Park Highlands Developers Sue DR Horton • Rexford Plans $239M Industrial Refinancing • NASA, Google Ink Ames Research Center Deal • Rightpath Inks $132M Lease for Private Air Terminal • Voters Back 770-Acre Redevelopment • SEC Closes Investigation Into Triple Net • Sullivan Square Developer Sues Ireland Partner
Southeast     Print Full Region • Regency Sells Seven Centers for $108M • Class A Office Sales Hit the Brakes • New W Hotel Opens in Midtown • Proscenium Seeks $100M Bridge Loan • Oakmont Plans Warehouse Near JaxPort • Del Mar Village Sells for Nearly $42M • Saladworks Lines Up Local Franchisee	Around The Globe     Print Full Region • RioCan, Kimco Team Up for $156M Center Buy • Corporate Property Takes CBRE's Merger Offer • Allied Properties REIT Puts $109M Into Play • Colliers Adopts Green Practices for SE Europe • Chartwell Seniors Looks to Buy Despite Slowdown
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