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	Top Stories for the Week of July 7, 2008	Print Full Issue
	Click Here For Regional Coverage Penn Gaming, JV Call Off $9B Merger WYOMISSING, PA-Citing regulatory hurdles, Penn National Gaming and a Fortress/Centerbridge JV scrap plans for an $8.9-billion deal to take the company private. Hines REIT Begins Push To Fill $3B Buying Pool HOUSTON-The REIT, launching its third fund, will target US office properties and select non-office deals in key markets. The hunt begins for investors and properties alike. FTG, BF Global Partner for $1.5B Casino Site BOROBAYE LAKE, KAZAKHSTAN-Six casinos and six hotels, along with 750 residences, are part of the plan for this lake-front resort. CIT Sells Lending Business for $1.5B LIVINGSTON, NJ-Lone Start Funds will pay $1.5 billion in cash and assume $4.4 billion of outstanding debt on the $9.3 billion portfolio. Bayer Properties Moving Dirt for $1B MXD Plan SLIDELL, LA-Bayer starts infrastructure work on the 400-acre Summit at Fremaux, penciling vertical work for early 2009. The $200-million phase one will have up to 750,000 sf. Mohegan Buys Out Partner in $770M Casino Plan KANSAS CITY, KS-The tribe now owns a two-thirds stake in the proposed Legends Sun casino, one of four that are competing for state approval. RED has the other share. $613M Loan Funds Residential Developments NEW YORK CITY-The Carlyle Group, Extell Development Co. and RREEF secure the loan for the development of two luxury residential buildings totaling 880,000 gross sf. Group Readies Petitions for $600M Casino CLINTON COUNTY, OH-MyOhioNow LLC, in partnership with Lakes Entertainment, hope to deliver 400,000 petitions by Aug. 6, for a state election Nov. 4. Supply Chain Routes Face Scrutiny as Fuel Rises DALLAS-Rumblings are being heard companies are starting to reevaluate distribution channels and supply routes. It's not a trend yet, but there are changes in the wind. Merger Trend Continues With Rumored GVA-Colliers Deal NEW YORK CITY-Insiders say that as rumors grow stronger surrounding the possible GVA Williams/Colliers International merger, the trend toward industry consolidation is continuing. Manhattan Retail Site Commands $525M NEW YORK CITY-The Carlyle Group and Crown Acquisitions complete the acquisition of a controlling interest in the retail portion of 666 Fifth Ave. from Kushner Cos., for $525 million. KDC Jump-Starts Growth With 50% Company Sale DALLAS-E2M Partners and Sammons Enterprises seed KDC's plan. Offices will open in the Bay Area, Chicago and Washington, DC. Also coming are data center and MOB groups. Print Top Stories

Regional Coverage
Northeast     Print Full Region • Lightstone Buys $456M Retail Outlet Interest • Ward: WTC Timetable Must Be Realistic • Borgata Opens $400M Adjacent Water Club Tower • Duke Realty Sells 13-Acre Parcel • $35M TIF Furthers $260M MXD Project • Old Town Office/Retail Trades for $250 Per SF • Shorenstein Closes On Two Office Buys • DHCR Awards $137M for Affordable Housing • Port Authority Finds WTC Cost Overruns, Delays • Affordable Housing Funds Hit New England • St. Johns Plans $62M Business Park	Southwest     Print Full Region • Deloitte Buys Circle T Land for $300M Campus • Brookhollow Land Buyers Plan HQ, Spec Project • Deloitte Eyeing Q1 Start for $300M Legacy Build • Historic Humble Building Likely to Fetch $130M • Port Parks $101M Build on McCarthy's Dock • Nearly $100M Ends Run For Market Street's JV • EXCO Snaps Up 122,172 SF for HQ Through 2014 • Rucker Development Bags Retail Development Site • SunCor Passes Tower II to Sumitomo for $93M • Advenir Scoops Up 495-Unit Complex • Aimco's Exit Ticket Bags Tucson's YTD Top Deal
Midwest     Print Full Region • Spencer Stuart to Lease 100,000-SF at Tower • Waterton Associates Raises $222M for Fund • Higgins Development Plans $150M Business Park • Vandercar Starts Second 650,000-SF Warehouse • Orland Halts Proposals for $100M Main Street • World Wide Signs Lease for 700,000-SF BTS • Gart, ING Buy Denver Pavilions for $94M • Bally Hires JLL to Manage, Lease 350 Clubs • G&E Healthcare REIT Buys 20 Offices for $90M • Welsh Buys, Leases Up Furniture Warehouse	West Coast     Print Full Region • Brandywine Selling Oakland Portfolio for $412M • Fox Unit Signs $350M, 421,000-SF HQ Lease • KW, International Partners Spend $117M on Apts. • Starbucks To Discard 600 Stores by Mid-2009 • Detroit Investors Buy Suburban Vegas Apartments • Shorenstein Buys McCandless Towers Mezz Loan • Arden Trades Two Buildings Totaling 318,000 SF • ProLogis Signs Two Tenants for 215,000 SF • KBS Buys North Waterfront Office • NorCal Firm Buys Apts. from SoCal Investor • CBRE Acquires Tucson Joint Venture Affiliate
Southeast     Print Full Region • Wells REIT II Acquires Second AT&T Property • Ex-Racetrack to Become Business Park	Around The Globe     Print Full Region • Delta's $316M CBD Plan Ready to Roll Out in '09
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