Subject: Property Offerings - Unsold (PRUNS)

Blackstone Group has decided to hold off on trying to sell 225 Franklin St., a 916,722-square-foot office building in Boston. The property is 95 percent leased and serves as the headquarters of State Street Corp., which occupies 46 percent of ...

Blackstone Group has rejected the offers it received for the Southfield Town Center, a 2.2 million-square-foot office building in the Detroit suburb of Southfield, Mich. The five-building property serves as collateral for a total of $233 million of debt, including ...

New York Observer Sahara Group has said that it is not selling Manhattan's Plaza and Dream Downtown hotels. But it has acknowledged that it's received offers for the two hotels and the Grosvenor House in London.

The Real Deal Extell Development Co. is offering for sale a development site at 568 Broome St. in Manhattan's Hudson Square area. The New York company is seeking $20 million for the site, which can accommodate 46,000 square feet of ...

An agreement to sell a 3,686-unit apartment portfolio for $950 million has collapsed and the properties have been put back on the sale market, according to Crain's Chicago Business. A venture that includes Nicholas Gouletas, chief executive of American Invsco ...

Pacific Business News Alexander & Baldwin Inc. has backed out of its purchase of the Clifford Center office building at 810 Richards St. in downtown Honolulu. It had agreed to pay $11.2 million for the 72,580-square-foot office building in March. ...

CityBiz Real Estate A venture of the Beal Cos. and Rockwood Capital has pulled One Kendall Square in Cambridge, Mass., off the sales market, according to the realreporter.com. The venture had tapped Cushman & Wakefield to market the 664,750-square-foot office, ...

Boston Business Journal The sale of Boston's One Lincoln St. has fallen apart. A venture led by Fortis Property Group had lined up a buyer for the 1.1 million-square-foot office building, but the deal never panned out. Cushman & Wakefield ...

Richmond BizSense The foreclosure auction that had been scheduled for the Hancock Village in Chesterfield, Va., has been cancelled. A forbearance agreement was struck between lender Flagstar Bank, which had provided $43 million against the 153,000-square-foot retail center, and its ...

Crain's New York Business A venture of Sapir Organization and CIM Group are no longer offering for sale the 2.3 million-square-foot office building at 11 Madison Ave. in Manhattan. CBRE Group had been marketing the building, which was expected to ...