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	Top Stories for the Week of June 29, 2009	Print Full Issue
	Click Here For Regional Coverage Allison: PPIP On Track WASHINGTON, DC-Former Fannie Mae chief Herbert Allison gives Congress an update on PPIP. JP Morgan Sells 17th St. Plaza to HRPT for $135M DENVER-The fast, debt-free transaction gives the Massachusetts-based REIT one of this market’s trophy assets at a cap rate in the high single digits, according to local industry sources. VIDEO: Recession Is Far From Over CHICAGO-GlobeSt.com's Katie Hinderer interviews speakers recently at Incisive Media's RealShare Chicago event. Stockbridge Buys Into 9M-SF ProLogis Portfolio SAN FRANCISCO-Locally based Stockbridge Real Estate Funds invests in the 11-market portfolio through a newly formed fund whose investors include the Teachers Retirement System of Texas. Durst Lines Up $1.3B Refi on BofA Tower NEW YORK CITY-The Durst Organization says it’s hopeful that the loan is a sign of increased liquidity in the banking system. Diversification Still Key, Even in a Recession NEW YORK CITY-But then again, the recession was non-discriminate, and went things went bad, sectors suffered across the board. NYC Talent Pool Is Key to Recovery NEW YORK CITY-Human capital is the city’s 'most competitive advantage' as it diversifies from a financial services concentration, Urban Land Institute panelists said Wednesday. SF Troubled Asset Count: 206 Properties SAN FRANCISCO-Troubled assets in this market, now totaling more than $3 billion, consist mostly of apartment and retail properties but also include hotel, office and retail, according to a June report. Investors Shun Federal Rescue Programs MIAMI-Property owners call for scrapping government programs and letting the market hit bottom. Owners Stepping Up to Buy Industrial DALLAS-Though institutional money sits on the sidelines, the owner-occupied industrial investments are proving to be brisk. McMorgan Hires CBRE To Sell 303 W. Madison CHICAGO-McMorgan & Co. has brought CB Richard Ellis in to sell the 311,000-square-foot office tower it has owned since 2004. Print Top Stories

Regional Coverage
Northeast     Print Full Region • Distressed Real Estate Hits $97B • Panel: Retailers Face Mall Trouble, European Hope • Despite MTA Nod, Atlantic Yards Saga Still Unfolds • City, ESDC in $100M Queens Land Deal • BlueWater Fund Targets $50M • Rite Aid Pushes for Rent Reductions • Worldwide Plaza Goes Back on the Block • ESDC Approves Modified Atlantic Yards Plan • NRC Slates Media Panel with GlobeSt.com’s Salustri • On the Right Road, Destination Unknown • Bloomberg’s Frustration Grows Over WTC • Assembly Okays Starrett City Refinancing • Day Pitney Structures Leases in Troubled Times • Verizon Telecom Facility Sells • Treeline Carves Out Troubled Assets Group	Southwest     Print Full Region • De Rito Moves Ahead on 1.1M-SF Scottsdale Pavilions • Alexan Paradise Lane Sells For $22M • Landlords Finding New Uses for Big Box • Bally Reorganization Means Texas Closures
Midwest     Print Full Region • GE To Build $100M R&D Facility in MI • Sheldon Good To Auction 40 Condos • Centro Completes Phase Two of Redevelopment • Kroger To Acquire, Remodel Cautiously • Englewood To Finish 6 Value Place Hotels • Walgreens To Expand Renovation Program • CBRE Industry Guru To Retire in November • Office-Condo Building Cuts Prices By More Than 50%	West Coast     Print Full Region • Forecast: Pre-Recession Employment 3 Years Away • $62M Industrial Sale Ranks Tops in SoCal • SVN Adds 12 Brokers, Plans Growth • Report: Regional Economic Recovery to Lag Nation • Inland Region Industrial Deals Top 1M SF • Tesla Lands $465M Loan from US Dept. of Energy • Yemenidjian Cleared to Run Tropicana • Consolidated Resorts Filing Ch. 11 • $44M Loan Completes Woodinville Center Recap • RiverRock Hits 10M SF, Expands Offices • Downtown Awaits Next Round of Conversions • Holy Cow! Mr. Walgreens Mixing Drugs, Gaming
Southeast     Print Full Region • Clermont Hotel Heading to Auction? • Darden Plans 50 New Locations • Panattoni to Develop I-75 Business Park • New Mexico Sets Out To Be Solar State • Owner Defaults on 1,272 Units • Shifting Fundamentals Cause Retail Hesitation • Office Depot Gets $350M Infusion • BofA Plans Satellite Campus • Bank Auctioning $100M in Troubled Assets • Restoring Its Trade Status • Economy’s Weakness Hurts Industrial Absorption	Around The Globe     Print Full Region • Corio Pays $178M for Shopping Center
Departments
Executive Watch: Kodachrome
UpClose: Jones Lang LaSalle's Kenneth Rudy
Commentary: NorthMarq's Mark Scott