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	Top Stories for the Week of May 4, 2009	Print Full Issue
	Click Here For Regional Coverage Net Lease Opportunities Are on the Horizon NEW YORK CITY-There could be a future beyond tight lending and small deals, speakers said at RealShare Net Lease. CityCenter Solution No Panacea for MGM Mirage LAS VEGAS-MGM Mirage stock is trading up today due to the CityCenter funding pact but the company is still struggling to service $13.5 billion in debt, surviving on lenders’ waivers. Report: Corporations Evaluate Real Estate Holdings ATLANTA-CoreNet Global’s annual State of the Industry captures enterprises strategic – and increasingly creative – use of their real estate holdings. 7-Eleven Embarks on CRE Portfolio Review DALLAS-The company is analyzing fair market value to renegotiate leases. Also on the drawing board in 2009: A 250-store expansion. Liberty Property Trust Holds Steady MALVERN, PA-CEO Bill Hankowsky says that his firm’s stable financial position puts it in place to make ‘interesting’ acquisitions. L.A. Distressed Totals at Nearly $7B LOS ANGELES-Some $6 billion of commercial properties were added in Q1. Despite high figure, the region ranks only 24th in US on a percentage basis. Office Depot Finished With Mass Closures BOCA RATON, FL-The chain also exits its retail channel in the Japanese market. JLL Reports $61M Net Loss in Q1 CHICAGO-The locally-based company saw in increase in US revenue but a decline in EMEAs and the Asia Pacific. Three Apartment Properties Trade for Over $200M ORANGE COUNTY, CA-Brokers expect transactions will bring investors back into market by defining market levels. Low interest rates mean buyers will see immediate cash flow. RioCan Wants to Buy, But No One's Selling TORONTO-The REIT's portfolio holds up well in the recession, with increases in occupancy, net earnings and FFO during its first quarter. Print Top Stories

Regional Coverage
Northeast     Print Full Region • Xanadu Makes List of Troubled Properties • Jones Apparel to Close 225 Stores • Report: DC Retail Poised for Recovery • Golf Club Is Trump's First DC Acquisition • Kimco’s 1031 Team Branches Off • Bankruptcies Hit PREIT's Occupancy, Sales PSF • Brookfield: No Change in Merrill Status • Mack-Cali Posts Solid Q1 • Broadway Partners Settles Some Old Debts • World Bank Renews 150,000 SF • Broad Street Launches Asset Management Initiative • iStar Wraps Up 'Difficult' Q1 with $94M Loss • SL Green’s Q1 Revenues Up 4% • Law Firm Hits Park Ave. Via Sublease • NJ Casino Commission Approves Sale of Tropicana • City Sees $423M in Stimulus for Housing • USGBC Publishes Regional Credits for LEED 2009 • New Realities, New Opportunities • Gramercy Moves to In-House Management	Southwest     Print Full Region • Weingarten Continues Liquidity Push • EastGroup Seeking Opportunities in Down Market • American Campus Q1 Meets Expectations • HSM Expands Oil City Presence • Tuesday Morning Corp. Sees Better Foot Traffic
Midwest     Print Full Region • Sheldon Good Files Chapter 11 • Duke Q1 Results on Par with Expectations • Taubman Sees Rise in Net Income, FFO • Company Takes 416,000 SF at Intermodal Center • Net Income, FFO Decline for First Industrial • Brokerage Starts Institutional Services Group • Simon Group Markets New Strategy • GENCO Doubles Size, Leases 354,000 SF • Sanyo Logistics Grabs 215,000 SF	West Coast     Print Full Region • Safeway Trims Expansion, Renovations • Digital Realty Off From Q408, Well Ahead of Q108 • San Diego Office Market Shows Softening • CityCenter Funding No Longer in Question • Lost Value Drags Down AMB Q1 Earnings • Resort Prompts $653M Deutsche Bank Write-Down • Missing Caulk Closes 560 Rooms at Tropicana • $350M for Greening West Coast Govt. Buildings • OC Apartment Rents Down 2.9% From a Year Ago • $79M Crossroads Marketplace Sale Yields Low Cap • Pinnacle Q1 Revenues At $269M
Southeast     Print Full Region • Office Landmark Among Troubled Assets • Sheriff’s Office Will Buy Chrysler Dealership • Medical Device Firm Will Relocate HQ • Westshore Office Leasing Momentum Shifts • Niche CRE Firms Joining Forces
Departments
Executive Watch: Old Friends
Commentary: HFF’s Justin Greider