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Commercial Real Estate:General headlines from the week of November 17, 2008

Psystar antitrust suit against Apple dismissed A suit claiming Apple Inc. used anticompetitive practices to restrict sales of its OS X operating system to its own machines was thrown out by a federal judge on Tuesday. (AAPL) AMB Property inks Lyon warehouse deal AMB Property Corp. leased 264,000 square feet of warehouse space in Lyon, France, to Wincanton plc, a shipping company. (AMB) Nodelman joins CB Richard Ellis Veteran retail broker Seth Nodelman has joined CB Richard Ellis as a vice president. Nodelman Insituform Technologies cuts 35 managers, support staff Insituform Technologies Inc. announced late Tuesday that it plans to eliminate 35 of its management and support staff positions. Approximately half of the positions are located at the company’s headquarters in Chesterfield, with the remainder based throughout North America. Related Group to offer loans on troubled assets Condo building juggernaut The Related Group is offering itself out as a consultant and possibly a lender for troubled real estate assets. Wells Fargo named top small-business lender in Texas Wells Fargo Bank, NA has been ranked the leading small-business lender in both the United States and Texas, according to the latest Community Reinvestment Act and Small Business Administration data. (WFC) India trip bears fruit for Cincinnati USA Partnership The Cincinnati USA Partnership’s October India business mission has encouraged the group to focus future recruitment efforts on the country, according to a e-mail to Partnership investors. Eli Lilly sues Impax Laboratories Eli Lilly & Co. sued generic drug maker Impax Laboratories Inc. for patent infringement. (LLY) UAlbany foundation to honor ?citizen laureates? Businessman Edward P. Swyer, lawyer E. Stewart Jones and University at Albany professor Helen Desfosses have been named recipients of the University at Albany Foundation Citizen Laureate awards. Sierra Club Hawaii names new director The Sierra Club’s Hawaii Chapter has named a new director. Cousins Properties trims dividend by 12 cents Cousins Properties Inc. cut its dividend 32 percent, the Atlanta-based real estate investment trust said Tuesday. (CUZ) Broaddus & Assoc. buys Arlington firm Building design and planning firm Broaddus & Associates has purchased FJW Group Inc., an Arlington-based construction management and general contracting firm. Washington unemployment rate jumps to 6.3 percent The unemployment rate in Washington jumped to 6.3 percent last month from September’s 5.7 percent level. Anheuser-Busch InBev now reality Belgian brewer InBev announced Tuesday that it has completed its $52 billion purchase of Anheuser-Busch Cos. Inc. Effective today, the combined company is named Anheuser-Busch InBev and ranks as the world's largest brewer. (WYE) (BUD) Council to vote on Dunnhumby tax incentives Cincinnati City Council will vote Wednesday to award job creation tax credits to Dunnhumby USA and a 12-year, 75 percent tax exemption for $9.3 million worth of renovations at its new headquarters at 444 W. Third St. NRF: Consumers to spend less on holiday gift cards Gift card purchases are predicted to suffer this holiday season as consumers continue to monitor the current economy and their wallets. October home sales in Houston down 20 percent The local housing market continued to feel the effects of the troubled national economy in October. Planners give PriceRight go-ahead Efforts to open a new supermarket to the Elmwood Village shopping district cleared a major milestone. Sen. Cornyn selected for leadership post The Senate Republican Conference on Tuesday elected U.S. Sen. John Cornyn, R-Texas, to serve as chairman of the National Republican Senatorial Committee. The Clarendon is topped off A topping off ceremony was held Tuesday at The Clarendon where the final bucket of concrete was hoisted atop the 33-story tower.

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