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	Top Stories for the Week of August 31, 2009	Print Full Issue
	Click Here For Regional Coverage Experts: Cleansing Period Ahead, Bottom Near IRVINE, CA-Experts at Incisive Media’s recent RealShare OC 2009 conference say that cleansing will help get to the bottom and will create both activity and opportunity ahead. Distressed Real Estate Reaches $114B WASHINGTON, DC-The Distressed Commercial Real Estate Journal is also reporting that the pace of assets going into distress is starting to slow. Landlords Court Tenants With Concessions ISELIN, NJ-A recent study by Studley found that the value of concession packages offered by New Jersey landlords to keep and retain tenants in class A office properties skyrocketed by nearly 43% to $50 last year. Price Index Suggests Declines Are Ebbing NEW YORK CITY-Sales volume for June improved over May tallies, Real Estate Analytics says in the Moody’s/REAL report released Friday. SEC Deems $3B Grubb Healthcare REIT IPO Effective SANTA ANA, CA-The SEC declares the registration statement effective for a $3.3-billion initial public offering by Grubb & Ellis Healthcare REIT II, which will be a non-traded REIT. Fontainebleau Also Battles Eastern Creditors MIAMI-Companies performing renovations at the iconic hotel claim $65 million in unpaid bills. The Clock Is Ticking on Ground Zero NEW YORK CITY-As the Port Authority turns over control to SPI, disagreements arise as to the readiness of the site and the ability to complete the three proposed towers by 2014. Tishman Speyer Willing to Buy Back Portion of Debt WASHINGTON, DC-The company wants to make a tender offer to buy back a portion of the term loan and revolver debt on its defaulting portfolio. Accenture Restructure Will Cost $247M BERMUDA-The company plans to downsize its senior-level executives by 7% and well as trim down its office space around the world. Private Investors Ready to Go MIAMI-Firms are aggressively hunting bargains in hopes that the frozen credit market will begin to thaw soon. Print Top Stories

Regional Coverage
Northeast     Print Full Region • Two Sides of a Coin: London and Manhattan • Owners Must Keep It Realistic on the Rent • Atlantic City Hilton Defaults on Mortgage • Northern, Central NJ Industrial Markets on Different Paths • Brooklyn Survey Shows 65 Condos Near Distress • DOB To Track Inspectors With GPS • JV Finalizes $30M Loan for Frederick Retail • USBC Establishes Performance Benchmarks for LEED • $112M Takes Fairfax Office • Stony Brook University Hospital Goes Green • S.L. Green Takes 100 Church to the Auction Block • Market Basket Set to Anchor Riverside Landing • CWCapital Expands Headcount, Geographic Footprint • $22M Grabs Berkshires Portfolio • Harley Davidson Mulling Five Options • Foxwoods’ Slots License Extension Hearing Set • A Lot of 'Meat and Potato' Deals	Southwest     Print Full Region • Cap Rate Prompts 200,000-SF Buy • $130M Used for Hospitality ReFi • 1,183-Unit Portfolio in Trouble
Midwest     Print Full Region • ProLogis Trades Borrowing Limit for Time • Law Firm Expands, Moves Headquarters • JLL Scores Renewal of McDonald's Partnership • $60M Project Ready to Break Ground	West Coast     Print Full Region • Sullivan Square Lawsuit Moving Forward • Williams-Sonoma Ekes Out Surprise Profit • Bank Selling Waterfront Hotel, Condo Project • Vacant Land Prices Flat, Low Through 2009 • Judge Denies Fontainebleau Motion • Logistics Space Shows Signs of Hope • $21M Buys 610,000-SF Ex-Circuit City Warehouse • Auction Disposes of Bank-Owned Properties • Short Sale Ranks as County's Largest
Southeast     Print Full Region • New Trouble for Las Olas Centre • State Consumer Confidence Rebounds • Dollar General IPO Has a Catch • Land Sharks Move to New Waters	Around The Globe     Print Full Region • Sands Applies for Hong Kong Listing • JV Launches Hospitality Management Group • Atrium Posts $465M Loss in First Half • Paris Next Up for Real Estate Investment • Denominator Effect Reverses • Unibail-Rodamco Shows Rise in Recurring Earnings • JLL To Market Cubbie Station • ProLogis To Develop 503,000-SF Facility • German IVG Posts Net Loss for First Half '09
Departments
Executive Watch: Campus Scout
UpClose: Portfolio Property Management's Bass
Commentary: Cornforth of AMB Property Corp.