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|  TOP STORY
WALKER, MI-Two local communities and the state worked out $39 million in tax captures to attract the retailer, for a project that would see more than 3,500 jobs.
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| FEATURES | ||
| GFI Capital’s Rubackin ‘Clearly, some properties had no business ever getting built.’ |
ICSC’s John Crossman on Last Week’s Poll ‘Mixed-use development is the way you have to go.’ |
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BLOG: COUNTER CULTURE
Can Toys ‘R’ Us Compete?SECTOR WATCH
The Latest From Other Markets
Pennybacker Exec Unfurls Changes for $250M FundThe Latest From Other Markets
FORT WORTH-With a new name and new HQ city coming, Pennybacker Capital's lead lays out its agenda to fund recapitalizations, mezz loans, senior notes and ground-up projects.
INDUSTRIAL
• State Funded Production Facility Creates Jobs• Construction Underway on $25M Industrial Park
• Pilkington Takes 401,348-SF Site in Big Run
MULTIFAMILY
• Prime, HarmInvest Finish $738M MXD Plan• Michael Dezer Asking $68M for 10-Acre Site
• Cabela’s Mum on Anchoring $400M MXD
OFFICE
• BP Signs 10-Year Office Lease for 225,000 SF• Facebook Moving to Stanford Research Park
• Pacific Office JV Buys 1M-SF, $195M Portfolio
HOTEL
• Turner Project Targets Medical Office Demand• Younan Wins 2-Year War Over Dallas Hotel Pact
• Slowdown Ahead for New Hotels?
NET LEASE
• County Investigates 1031 Intermediary• Inland Invests $100M in Winthrop Realty JV
• W.P. Carey Group Nabs $58M German Acquisition
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AROUND THE NATION
GlobeSt.com: EXCLUSIVE Pacific Office JV Buys 1M-SF, $195M Portfolio
SANTA MONICA, CA-The office REIT acquires the seven-property, 15-building portfolio in partnership with a real estate fund organized and managed by a subsidiary of Invesco Ltd.
HEADLINES
• Real Estate Forum: Still Closing
• GlobeSt.com: UPDATE
$200M Soccer Stadium Moves Ahead
• NetLease Forum:
Quiet Q2
DEAL FOCUS
Retailers Find Bright Spots in DownturnKISSIMMEE, FL- A slowdown in development and a focus on smaller boxes will keep vacancy rates relatively healthy, speakers say.
FINANCE
• With Age Comes Wisdom in Retail• Pennybacker Exec Unfurls Changes for $250M Fund
• SNK Finalizes Financing for Condo Project
DEVELOPMENT
• Turner Project Targets Medical Office Demand• Cabela’s Mum on Anchoring $400M MXD
• New Golden Nugget Tower Underway
LEASING
• ICSC Panelists Urge Cooperation• Leading Growth Region Faces Economic Change
• Burlington Coat Leases 80,000 SF
SALES
• 1031 Exchange Funding $6M Retail Acquisition• Ramco-Gershenson Contributes Plaza at Delray to JV
• Upper East Side Retail Corner Co-op Hits Market
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COMMUNITY
‘Such projects take longer and require more money and the lenders have backed away from taking that kind of risk.’
CALENDAR OF EVENTS
FEATURED EVENT
ICSC Chicago DealMaking
October 23-24, 2008
Hyatt Regency Chicago
Hyatt Regency Chicago
NEXT EVENT
ICSC Western Division
September 10-12, 2008
San Diego Convention Center
San Diego Convention Center
DIRECTORIES
A guide to product suppliers and service providers for New York's commercial real estate industry.
A guide to product suppliers and service providers for New Jersey's commercial real estate industry.
A guide to product suppliers and service providers for Southern California's commercial real estate industry.NOMINATIONS
Florida's Top Real Estate Lawyers to be Featured in February/March Special Double Issue
Commercial real estate has become increasingly complex, with myriad rules, regulations and various factions impacting whether a project becomes reality or advances little more beyond the idea stage.
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