Subject: Property Offerings - Unsold (PRUNS)

Crain's Chicago BusinessA New York State appellate court judge has temporarily put on hold a foreclosure auction to sell 500 W. Monroe St. in Chicago. Last month, Piedmont Office Realty Trust Inc., a holder of mezzanine debt on the property, ...

Commercial Real Estate Direct Staff ReportDouglas Manchester has called off a planned sale of a majority stake in the 1,625-room Manchester Grand Hyatt San Diego in what would have been the largest hotel deal of the year.The San Diego developer ...

Pittsburgh Post-GazetteBlackstone Group has decided against selling the EQT Plaza in downtown Pittsburgh, and instead will look to refinance the property's debt. Holliday Fenoglio Fowler began marketing the 32-story office building for sale in February, just three months before its ...

Crain's Chicago BusinessPiedmont Office Realty Trust Inc. plans to hold a foreclosure auction next month for 500 W. Monroe St. in Chicago. The Atlanta-area REIT holds the $65.6 million of mezzanine debt against the 973,000-square-foot office building. The property's previous ...

Atlanta Journal-ConstitutionNorth American Properties of Cincinnati is under contract to acquire the retail component of Atlanta's Atlantic Station mixed-use project. Also said to be included in the pending sale is the BB&T office tower at 271 17th St., which the ...

Kansas City Business Journal Professional Cleaning and Innovative Building Services has filed a lawsuit against the owner of the New York Life Building in Kansas City, Mo., claiming it breached a contract to sell the historic property. Kansas City Power ...

Minneapolis/St. Paul Business JournalPebblebrook Hotel Trust may be backing out of its deal to buy the The Grand Hotel in Minneapolis. The Bethesda, Md., REIT, in a regulatory filing, said that after it conducted its due diligence on the property, ...

Washington Business JournalThe National Trust for Historic Preservation has taken its Dupont Circle headquarters in Washington, D.C., off the sales market. No offers were made for the 60,000-square-foot office property at 1785 Massachusetts Ave. NW, which some thought might bring ...

Orange County Business JournalConexant Systems Inc. has cancelled a proposed deal to sell 25 acres with two buildings next to its Newport Beach, Calif., headquarters for $26 million to developer City Ventures LLC.The computer chip maker, which wants to raise ...

Washington Business Journal A venture led by Shorenstein Properties has pulled 1111 Pennsylvania Ave. NW in Washington, D.C., from the sales market because bids came in too low for the 331,000-square-foot office building.The venture, which also includes Mark Karasick, was ...