PHILLIPSBURG, NJ-Pennsylvania Real Estate Investment Trust has sold the troubled Phillipsburg Mall here for $11.5 million to Mason Asset Management of Great Neck, NY.

NEW YORK CITY-Strike Holdings Group has renewed its lease and doubled its space at LCOR's 545 Madison Ave. building here.

NEW YORK CITY-The city's proposal to extend the lease of The Hunts Point Terminal Produce Market in the Bronx by 10 years has been rejected by the market's co-op board.

COOKEVILLE, TN-A 6,000-sf Buffalo Wild Wings restaurant here sold for approximately $1.6 million, according to Franklin Street Real Estate Services, which represented the seller in the deal.

ORLANDO, FL-New York City-based Loews Hotels & Resorts and Universal Parks & Resorts broke ground last week on Universal's Cabana Bay Beach Resort project here.

ST. PAUL, MN-Ryan Companies US Inc. of Minneapolis has been selected by the City of St. Paul to construct a new ballpark for the minor league St. Paul Saints baseball team.

WASHINGTON, D.C.-Developer Donald Trump is trying to work out a deal with the General Services Administration and the D.C. government to reduce the taxes on his project to redevelop the Old Post office into a luxury hotel.

PHILADELPHIA-Time Equities Inc. of New York City has acquired the Northbrook Corporate Center office complex in the Philadelphia suburb of Trevose, PA for $11.42 million.