Subject: Property Offerings - Unsold (PRUNS)

New York ObserverThe sale of a stake in 485 Lexington Ave. in Manhattan has collapsed because a loan special servicer refused to allow financing that is backed by the office building to be assumed, according to its owner, SL Green ...

Vornado Realty Trust, which had earlier agreed to sell an 8.6-acre parcel of land in the Pentagon City area of Arlington, Va., said the deal has fallen apart. The Paramus, N.J., REIT said it will keep the $27 million deposit ...

Crain's Chicago BusinessStrategic Hotel & Resorts has pulled from the sales block a 687-room hotel in Chicago. The Chicago hotel owner, in an attempt to raise cash and lower its debt, in May placed the Fairmont Chicago at 200 N. ...

Richmond BizSense Reynolds Consumer Products has pulled a six-acre development site in Richmond, Va., from the sales market because it has not been attracting acceptable offers. CB Richard Ellis has been marketing the riverfront property at 10th and Byrd streets, ...

Chicago TribuneChicago's Main Post Office Building, which was close to being sold as a result of an auction in late August, has been returned to the sales block. Bill Davies won the historic property with about 300,000 square feet at ...

Merlone Geier Partners has terminated its agreement to buy Glimcher Realty Trust's Lloyd Center shopping complex for $192 million. According to an announcement by Glimcher, a Columbus, Ohio, REIT that had placed the 1.4 million-square-foot shopping center in Portland, Ore., ...

The venture that had been under contract to purchase Worldwide Plaza, a 1.7 million-square-foot office building in Manhattan, said it is "ready, willing, able and eager" to complete a deal. But Deutsche Bank, which was driving the sale, "decided not ...

Wall Street JournalTalks to sell Manhattan's Worldwide Plaza have fallen apart, according to a statement by Eastdil Secured, which is advising the property's lender on the sale. The 1.7 million-square-foot building was to have been sold to a venture led ...

Philadelphia Business Journal (second item)J. Grasso Holdings Inc. has removed two Philadelphia office buildings with a combined 1.4 million square feet from the sales block. The Philadelphia company has been unable to attract adequate offers for the 885,000-sf Curtis Building ...

Philadelphia Business Journal Colonial Penn Life Insurance Co. has pulled its 126,000-square-foot headquarters building in Philadelphia from the sales market. The insurance company had been unable to attract acceptable offers for the building at 399 Market St., which was expected ...