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Top Stories for the Week of November 24, 2008
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Citigroup Said To Consider Sale
NEW YORK CITY-Published reports say the largest office tenant in New York will convene a board meeting today to discuss its options, and 'everything is on the table.'

REIT Execs Tackle Economy, Market Issues
SAN DIEGO-Nareit officials examine the impact of the economic downturn and the credit crunch at the group's annual fall conference.

Global Retail Figures Tease, Fall Expected
LOS ANGELES-The Q3 retail rates for already-successful markets were at record highs. No spin is possible, though, when staring down a potential years-long slide.

WaMu To Lay Off 4,600 in Bay Area, Seattle
SAN FRANCISCO-Approximately 1,600 in the Bay Area and another 3,000 in Seattle will add hundreds of thousands of square feet to the sublease markets.

Duke Tapped To Lead Wal-Mart
BENTONVILLE, AR-The retail giant's 13-year veteran will take over duties from departing president and CEO Lee Scott Jr. on February 1, 2009. Eduardo Castro-Wright, current Walmart US CEO will take Duke's position of vice chair.

Attorney Hire Might Save GGP’s Hide
CHICAGO-The trust confirms its hire of law firm Sidley Austin for bankruptcy consideration. No filing yet, but such action could be the best bet for solvency.

Despite Economy, Sustainability a Priority
BOSTON-Two surveys, one co-sponsored by GlobeSt.com, show that sustainability is still a priority in CRE, despite the economic downturn.

Retailers Should Expect Rough Times Ahead
MIAMI-Experts say an overall nervousness in the market is making retailers delay decisions and consolidate.

Report: Two Macklowe Towers Back on Market
NEW YORK CITY-A deal to acquire 1540 Broadway and Worldwide Plaza, part of the $7-billion Equity Office portfolio, has reportedly fallen through.

Health Care Real Estate Strong Despite Downturn
IRVING, TX-Close to 300 participants at RealShare's first Medical Office Buildings conference on Nov. 14 gained information on how to operate in this specialty real estate segment.

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Regional Coverage
Northeast     Print Full Region
Barnes & Noble Cuts 2009 Growth Plans
Notebook: Green Advocates Hopeful Amid Recession
CBRE Realty Trust Makes 1st Acquisition in DC
City Approves LES Rezoning
Green Park Closes on $1.5B in Fannie Mae Loans
Developers Vie for Pier 57 Job
BJ’s To Boost Store Expansion Plans in 2009
DC Leads in Pipeline Development Survey
Balfour, Concord Win $54M College Contract
Bank Says No to Fed Bailout Money
Sustainable Projects Hold Up Overseas for Now
New LEED Standard Ready for 2009
ARCWheeler’s $135M Boyd Renovation OK’d
Downtown Community Lauds Fiterman Plan
Paramount Enters JV To Recap Trophy Tower
Mack-Cali Buys $100M of Notes
Centerline: We Plan To Comply
Multifamily Slow, But Outperforms Rest of US
Southwest     Print Full Region
Weingarten, Hines Join In $271M JV
JCPenney Cuts Growth, Continues Sephora Expansion
Experts Say Area Ready For Outlet Mall
1,000-Room Hotel's Residence Comes To Market
$271M JV Allows REIT To Recycle Capital
DowntownDallas Takes Space at 1M-SF Chase
Midwest     Print Full Region
Cullinan Breaks Ground on $385M Mixed-Use
Goya Foods Moves Into 150,000-SF Warehouse
Wheeling Buys Former Wickes Furniture HQ
West Coast     Print Full Region
Impact of Job Cuts Varies Throughout Region
MGM Mirage Looking to Sell Non-Core Assets
Sluggish Port Activity Weighs on Industrial
Loveman: Sea Change for Casino Companies
AMB Curtails Development, Suspends Q4 Dividend
SunCal Seeks Capital After Bankruptcy Filings
'Substantial Doubt' About LV Sands Gone
Report Cites Sunstone Dividend from $367M Sale
3M-SF Mixed-Use Project Up for Approval
MGM Mirage to Anchor $4B Development in Vietnam
Dubai World Gains OK to Up Stake in MGM Mirage
Southeast     Print Full Region
$350M Worth of Loans Up for Bid
Related Group Forms Asset Advisory
Home Depot Reports 8% Comp Sales Decline
Wendy’s/Arby’s Stacks More Space
Landmark Hotel Acquired by Tenant
Ambitious Downtown MXD Approved
Mandarin Sweetens Local Hotel Choices
Urdang Sells Business Centers for $48M
Famous Dave’s Douses Local Flames
Departments
Executive Watch: Sharing the Pain
UpClose: ULI’s Stephen Blank
Commentary: CB Richard Ellis' Welsh


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