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	Top Stories for the Week of January 20, 2009	Print Full Issue
	Click Here For Regional Coverage The Latest Retail Casualty: Circuit City Liquidates RICHMOND, VA-Circuit City is closing all of its 567 US stores; no word yet on the rest of its operations. ULI Panel: More Grim News NEW YORK CITY-Economists Mark Zandi and Sam Chandan tell an Urban Land Institute audience the recession will worsen locally and nationally. Citi Splits Itself in Two NEW YORK CITY-With Q4 losses exceeding $8 billion, the company is restructuring into two operating units, Citicorp and Citi Holdings. Bank of America Gets Another $20B from TARP CHARLOTTE, NC-The nation’s biggest bank posts a $2.4-billion quarterly loss, not counting Merrill Lynch. Real Estate Community Mourns Icon's Death DALLAS-In the wake of Trammell Crow's death at age 94, members of the real estate community discuss how he helped shape the industry. Retail, Economy To Face Challenges Through 2010 NEW YORK CITY- The financial collapse has led to a major consumer attitude shift, that will result in a difficult 2009 and 2010, and a slow recovery in 2011. Office Tenants Gaining Upper Hand TAMPA, FL-Landlords try for retention as vacancy increases and asking rents stabilize. Duke Sells Two Midwest Properties for $100M INDIANAPOLIS-A joint venture between Duke and CB Richard Ellis Realty Trust took over the 100%-leased properties, totaling 2.3 million square feet. Evaluating a Changed Investment Playing Field MIAMI-The CMSA Investors Conference brings 700 the perspective of banking and financial leaders. Tarragon Files for Chapter 11 NEW YORK CITY-The multifamily developer plans to reorganize; a first-day hearing in federal bankruptcy court is scheduled for Wednesday. Print Top Stories

Regional Coverage
Northeast     Print Full Region • Retail May Pick Up By Year’s End • Morgan Stanley, Citi Form JV • Feds OK $9B Commuter Rail Tunnel • It’s a Long Road Back • Port Authority Cites Progress on WTC • Regional Retailers Feel the Pinch • EDC: City Not a One-Trick Pony • Bank Renews Office at 55 Broadway • Bloomberg Pushes Infrastructure Investment • City: No 1970s Reruns • Trop Files Reorganization Plan • $51M from Freddie Mac Refinances NoVa MF • KDX Tapped to Sell $144M of Loans • Job Numbers Deal Blow to Office Market • Firm Failures Leave Glut of Open Office Space • Sources: Foreign Investors Likely to Invest More in 2009 • IBO: Outlook Gets Grimmer • Gramercy CFO Stepping Down • 2009: 'One of the Most Challenging' for Office • Apartment High-Rise Gets $94M Refi • Circuit City Still For Sale, in New Talks • Malls Cause Malaise Without Unique Offerings • DC Sells Land for $80M Project • Duke Building Receives LEED Certification	Southwest     Print Full Region • Trammell Crow Dies At 94 • LEED Platinum Unlikely for Hospitals • $602M Loan Portfolios Come to Market • $140M Defaulted Loan Comes To Market • Dallas-Fort Worth OK on the Retail Side • 200,000-SF Tower Gains First Tenant
Midwest     Print Full Region • Equity Abandons Plans for Five Developments • About 30% of Opus’ 200 Cuts Made in Minnesota • Granholm To Sign $288M Cobo Expansion Bill • SVN Equities Sells Biz Park Portfolio to Hines • Investor Buys 253,000-SF Two Lincoln Centre • Helio Renews Lease at 540,000-SF Multi-Tenant • Deloitte Adds Space at Indy’s Chase Tower • Apollo Hires MB to Lease Up 311 W. Monroe	West Coast     Print Full Region • Tropicana Plan Splits Off Vegas Property • CBRE Investors Acquires 1M-SF Office Portfolio • Digital Realty Doubles Leasing to $1B • JS Rosenfield Buys REIT-Owned Center for $65M • University Medical Center Office Property Trades • Vegas Visitation Falls Another 10% • Regency Trades Former Mervyn’s, Now JCPenney • State Board Endorses Licensing $700M Resort • Industrial Demand Slows, Vacancy Rises • State Board Endorses $1.8B Casinos Deal
Southeast     Print Full Region • Distressed Sales To Pull Investors from Sidelines • Southeastern Commercial Brokerage Cuts Back • $46M Apartment Project Secures Financing • Target Location to Serve as Future City Hall	Around The Globe     Print Full Region • World's Tallest Skyscraper Hits Pause Button
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