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	Top Stories for the Week of February 2, 2009	Print Full Issue
	Click Here For Regional Coverage Lodging Industry in for a Tough 2009 SAN DIEGO-A survey sent out to past and current ALIS delegates found that 47% of respondents believed an economic turnaround in store for the lodging industry in 2010 and beyond. NMHC Goes to Washington WASHINGTON, DC-One request will be the creation of a market for ten-year Fannie Mae and Freddie Mac debt. AOL Cuts Workforce by 10% DULLES, VA-Unemployment in general is rising in the DC area, threatening to erode local office fundamentals. MBA Focuses on Legislative Push WASHINGTON, DC-In the coming year, the group predicts there will be significant regulatory change for the real estate industry. Starbucks Closing 300 More Units, Trims Openings SEATTLE-New store openings in the US this year are forecast to come in at 140, down from a previously forecast 200. Macquarie Selling 30 Centers to Inland for $427M SYDNEY, AUSTRALIA-The centers, in states throughout the US, are being acquired at a 12% discount from what Macquarie bought them in 2004. Dent: No Ordinary Downturn NEW YORK CITY-Economist and author Harry S. Dent tells a CoreNet Global audience that the current economic crisis hasn’t been seen since the 1930s. Target Gears Up for Layoffs MINNEAPOLIS-Citing weaker-than-expected sales, the retail company slices its workforce by 9%, effective immediately. Pfizer/Wyeth Merger May Cut Space Needs NEW YORK CITY-The New York City-based Pfizer is already looking to reduce its square footage by 15% globally. Home Depot Closes EXPO Stores ATLANTA-The home improvement giant plans to shutter 48 locations related to its EXPO business to concentrate on its core stores. Print Top Stories

Regional Coverage
Northeast     Print Full Region • DiNapoli: Wall St. Bonuses Fell 44% in '08 • Council Passes Construction Safety Laws • Mack-Cali Picks Up $65M in Financing • Revel Adjusts Its Construction Plans • Verizon Arm Adds 50,000 SF in Midtown • Skidmore, Owings Stays Downtown • Baltimore Beats DC in Industrial Absorption • LI Shopping Center Changes Hands for $36M • Fitch Sees Debt Woes in Stuyvesant Town • Dudley Succeeds Geithner at NY Fed • Wells Fargo Unit in Park Avenue Office Deal • Massey Knakal Expands Operations • Industry Sentiment Survey: From Bad to Worse • Fund Acquires Harlem MF to Green It	Southwest     Print Full Region • Absorption Still Positive in Multifamily • Port Executive Director Steps Down • 852,000-SF Distribution Center Set To Close • Scottsdale W Headed for Trustee Sale • 345,000-SF Plant Comes to Market
Midwest     Print Full Region • Boeing Ups Layoffs to 10,000 • McDonald's To Open 1,000 Units • Chicago Industrial Slides in Q4 • Planning Begins On 4,300-Seat Arena • USAA Acquires Distribution Center for $23M • IDEO Signs Lease at Rehabbed 626 W. Jackson • Inland Buys Two Home Depot Centers	West Coast     Print Full Region • Hotel Transaction Market Down in ’09 • Coreland Lands Receiverships, Expects More • Yahoo Making Early Exit from 385,000 SF • Former Freddie Mac CFO Joins First American • Whole Foods on Hook for Unused Interbay Space • Kearny JV Closes Deals on More Than 1M SF • TNP Funds Sharing Office Building Repositioning • Hilton Adds Another Offering in Extended-Stay • Industrial Sales Reflect Changing Market • C&C Creates Special Asset Services Unit • 601 City Center Off Stove, Into Freezer
Southeast     Print Full Region • NYLO Hotels Growing Through Franchising • Industrial Picture Dreary for Broward • Condo Development Gets Green Light • Optimism Prevails in Apartment Sector • BayWalk Goes Up for Auction • New W Hotels Opening Amid a Down Market
Departments
Executive Watch: Davos
UpClose: Wells Real Estate’s Don Henry
Commentary: Marcus & Millichap's Fasano