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	Top Stories for the Week of June 1, 2009	Print Full Issue
	Click Here For Regional Coverage E&Y: Dislocation and Volatility Expected to Continue in '09 NEW YORK CITY-Ernst & Young’s survey of 40 real estate fund sponsors finds that debt-related concerns dominate the top five strategic priorities for 2009. AOL-Warner Split Not Traumatic for Industry DULLES, VA-A recently signed Raytheon sublease is helping Northern Virginia absorb the declining fortunes of AOL. Survey Says: Pricing Needs to Fall Further SAN FRANCISCO-The biggest percentage of respondents to a survey of LoopNet members do not expect transaction activity to recover until 2010. VIDEO: Mack-Cali CEO Talks Global and Local NEW YORK CITY-Mitchell Hersh, president and CEO of Mack-Cali Realty Corp., speaks as part of GlobeSt.TV's Leaders Series. Grubb & Ellis Reports Yearly, Quarterly Losses SANTA ANA, CA-The company loses $330.9 million in 2008, most of it in the fourth quarter, and loses $41.5 million for the first quarter of this year. KPMG: Private Equity Bets on Energy, Infrastructure NEW YORK CITY-The majority of respondents to KMPG’s private equity survey don’t expect the economy to start rebounding before next year. Consumer Confidence Loses Ground GAINESVILLE, FL-After a noticeable April gain, the UF index gives some back in May. Office Market Will Decline Through 2010 CHICAGO-Conditions in Chicago's CBD are forecast to worsen to exceed levels seen in previous economic downturns of the last decade. $100M JV Will Focus on Distressed Assets CHICAGO-The JV won't focus on a specific property type, instead pursuing both commercial and residential opportunities of distressed assets. Charming Shoppes 'Ferociously' Works on Rent Breaks BENSALEM, PA-The women's plus-sized retailer makes the push as same-store sales decline 13% during the first quarter. Print Top Stories

Regional Coverage
Northeast     Print Full Region • $42 Million Forest City Project Breaks Ground • Manhattan Building Sales Plummet; Recovery Seen • Pact Expected to Jump-Start Idled Projects • Work and Play Together • Latest Hartz Deal Was A Breeze • Staples Plans for Future Store Growth • Freddie Mac Aims $1B at Multifamily Sector • Moran & Co. Looks to $250M DC Pipeline in 2010 • Biotech Firm Leases, Plans Expansion	Southwest     Print Full Region • Westin Developer Claims Extortion • MF Experts: Long Term Looks Great • American Spectrum Purchase Plan Concluded • 200,000-SF Lease Done, Retail To Follow
Midwest     Print Full Region • Highwoods Properties Sells $62M Retail Portfolio • Transwestern Sells Class A Office Asset • IPD Launches First US Index • $60M MXD Receives Village Approval	West Coast     Print Full Region • Costco Maintains Store Growth Plans • AMB Sells Distribution Facility to USAA • Cambra JV Buys 206,000 SF for $44M • MGM Buying Old Debt; Harrah’s Issuing New Debt • Office Sale Ranks Among Largest of '09 • Recession Keeps Great Mall Two-Dimensional • $36M Sunstone Sale Reflects Strategy
Southeast     Print Full Region • Whataburger Pulls Up Central FL Stakes • Wind Requires Different Real Estate • Aldi Plans Huge Regional Warehouse • Any Takers for Auto Dealerships? • Downtown Dadeland Put on Market • Statewide Condo Sales Pick Up Again • Dade Industrial Deal Velocity Continues • SoBe Condos Now in Resale, Rent Mode	Around The Globe     Print Full Region • Business Park Trades for $56M
Departments
Executive Watch: Kansas City, Here I Come
UpClose: Raintree Partners' Jeffrey B. Allen
Commentary: WS Development's David Fleming