Subject: Property Offerings - Unsold (PRUNS)

Crain's Chicago Business Alex Dana has backed out of a partnership that had planned to buy a 12,000-square-foot building at 1043 North Rush St. in Chicago, according to the partnership's other members, local investor Michael Nortman and Florida investor Mike ...

NH Hotels, the Spanish company that owns the Jolly Madison Towers hotel at 22 East 38th St. in Manhattan, was unable to sell the 242-room property. The hotel, which was offered through Jones Lang LaSalle, is said to have attracted ...

Commercial Real Estate Direct Staff Report The $25.1 million top bid for the Pier Shops at Caesars fell well below C-III Asset Management's reserve price, so the property won't sell at that price. The special servicer's reserve, or minimum selling ...

Commercial Real Estate Direct Staff Report The Allegheny County Sheriff's Office did not hold a scheduled sale today of a 594,984-square-foot office building in Pittsburgh because the property's owner has filed for bankruptcy. Union Trust Building owner 501 Grant Street ...

Charlotte Business Journal CIM Group has pulled from the sales market BB&T Tower, a 22-story office building in downtown Charlotte, N.C. Eastdil Secured had been marketing the 586,000-square-foot property on behalf of the Los Angeles real estate investment fund, which ...

Dallas Business Journal The 33-story tower at 2100 Ross Ave. in downtown Dallas that had been posted for foreclosure auction last month was pulled from the sales block last week. However, it is possible that the 845,000-square-foot office property could ...

Global Growth Trust Inc. has exercised its right to cancel its agreement to buy Sherwood Plaza, a 92,922-square-foot office building in Fairfax, Va. The property, at 9990 Fairfax Blvd., backed a $15.7 million loan that was securitized through Wachovia Bank ...

Crain's Chicago Business The sale of the 525-room Westin O'Hare hotel in suburban Chicago once again has fallen through. In March, Thayer Lodging Group of Annapolis, Md., agreed to buy the property at 6100 North River Road in Rosemont, Ill., ...

Commercial Real Estate Direct Staff Report The proposed sale of the Georgian apartments in Silver Spring, Md., has fallen through, according to a report from the trustee overseeing one of the CMBS deals that hold debt against the 891-unit property. ...

Two San Francisco hotels, the 1,010-room Wyndham Parc 55 and the 802-room Hyatt Regency San Francisco, were pulled from the sales market after bids came in well below their owners' expectations.