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	Top Stories for the Week of December 8, 2008	Print Full Issue
	Click Here For Regional Coverage 7 WTC Lands German Bank for Top Three Floors NEW YORK CITY-German Bank WestLB signs a 15-year lease at 7 World Trade Center, bringing the city’s first “green” high-rise to 85% full. Incisive RE Group Unveils New Structure NEW YORK CITY-Capped by a round of promotions, the Incisive Media Real Estate Group’s reorganization focuses on maximizing resources along with audience value. Chevy Chase Is Capital One, and You're Not MCLEAN, VA-Capital One grabs Chevy Chase Bank for $520 million. Big Surprise, Recession Official WASHINGTON, DC-With an economic downturn looking likely to last into 2010, the real estate industry is hunkering down for the long haul. Shock Markets--Global Tickers Plunge NEW YORK CITY-As the markets plunge on news of the economy being in a recession since December of last year, REIT stocks feel the pinch. Hines Acquires Cabi Portfolio for Nearly $1.4B LOS ANGELES-The Houston-based buyer acquires 31 properties, totaling nearly 4.5 million square feet, in lieu of foreclosure after Cabi has trouble making debt payments. BRA OK's $393M in Projects BOSTON-The Boston Redevelopment Authority is approving 888 Boylston St.--a $193-million office tower and $129-million residential building. Late Murderer’s Industrial Portfolio Up for Sale WEST PALM BEACH, FL-The 29 properties once owned by Fred Keller are being marketed for approximately $97 million. Freddie Mac Buys 612-Unit Apt Loan for $39M LINCOLN, NE-The lender paid the mortgage through its Student Housing program. An official says universities are good draws, but that low occupancy and rents are projected. AmREIT To Go Private, De-List From NYX HOUSTON-AmREIT launches the second phase of its Vision 2010 strategic plan by withdrawing class A common shares from its listing on the NYSE Euronext Exchange. Wachovia Tower Sells for $51M JACKSONVILLE, FL-Harbor Group International sold the 348,852-square-foot building to a public REIT. Former Gov. Jeb Bush Joins Rayonier Board JACKSONVILLE, FL-The forest products company intends to tap his real estate experience. Print Top Stories

Regional Coverage
Northeast     Print Full Region • NoVa Braces for Economic, Political Fallout • Paterson Endorses Ravitch Plan for MTA • Judge Upholds Default in Flatotel Case • ICSC Cuts Holiday Sales Prediction • Merrill Stockholders OK BofA Acquisition • Mimeo.com Opens 75,000-SF Facility • MCRES Rolls Out Due Diligence Group • WRIT Grabs West End Office for $181M • PrimeSource Takes 205,000 SF for Distribution • Dream Team Launches National Consultancy • Northwest Park Earns Growth District Designation • Report: U-Store-It HQ May Relocate to PA • City Ups Budgets for 13 BIDs • Class Action Filed Over Countrywide Securities • Horizon NJ Extends HQ Lease • FDIC Readies for Growing Losses with CBRE Mandate • Feds Open to Expanding TALF • Construction Spending Drops 1.2%	Southwest     Print Full Region • $28M Hotel Slated For Argenta District • HSL Antes Up $18.4M For Skyline Gateway • Avenue Files Suit Today Against Mortgages Ltd. • Virgo Takes 65,000 SF For First US Plant • Construction Stalled On McKinney Westin • M&K Stabilizes 86,000-SF Cameron Creek • $600M Solis Presentation Pushed to January • Speakers: Retail’s Long-Term View Optimistic • 628-Unit Offering Whittles At Hall Portfolio • Assets Marketed For Income, Redevelopment • Riverstone To Manage BlackRock's 15,000 Units
Midwest     Print Full Region • 3PL Holdings Buys 312,800-SF Warehouse • City Sells One of Eight Former GM Sites • Ryan and Harp Join To Build $37M Office • Structured Signs Two at Former Jays Plant • Council Approves Incentives for $1B MXD • Prologis Mortgages Five Buildings for $105M • IDI To Begin $30M BTS for Freudenberg • Burlington Leases 70,000 SF at Retail Center • Postal Service Gains Approval for 858,000 SF • City Hires Inland for 19-Property Update • DRW Relocates to 125,000 SF at 540 W. Madison • GGP Gains Two-Week Extension on $900M Loans	West Coast     Print Full Region • Santa Clara Widens 'Big-Box' Retail Restriction • CRA Sues State for Redevelopment Take • Imaging Firm Leases 90,000 SF for Larger HQ • 142 Units Trade for Nearly $15M in Two Sales • County Extends Beltway Biz Park Lease Option • Shea Properties Sells Carrington Apartments • Wynn Resorts Buys Back $635M of Debt at Discount • T-Mobile Expands, Extends Headquarters Lease • Investec Starts Construction on $18M Retail Center • 800,000-SF Industrial Portfolio Fetches $68M • City Approves Nvidia HQ Development • Panelists See Light at the End of the Tunnel • 2M-SF Nvidia HQ Development Up for Approval • New Law Ranks Commercial Buildings by Efficiency • Population Growth Promises Opportunities After Downturn • City Crossing Bankruptcy Case Dismissed
Southeast     Print Full Region • $130M Class A Project Announced • $14M Refi Secured for Lincoln Road Retail/Office • Local Investment Co. Names New CFO • MMCC Names Senior Director • Gemstone to Manage Glenn Hotel • Dollar General Sales Rise, Growth Stays Steady • Small Hotel Sales Remain Strong • Tanger Outlets Restructures Leadership • Cousins Discloses Succession Plan	Around The Globe     Print Full Region • ProLogis Scores 285,000 SF of Leases in Japan • Acquisition Gives Avison 26M SF to Manage • Hotels Adjust, Communicate After Attacks
Departments
Executive Watch: Playbook for the Turnaround
UpClose: Homewood Suites’ Wyatt
Commentary: David Cronheim Mortgage Corp.'s Stewart