PARSIPPANY, NJ-Company officials won't comment, but the ousted exec says that "fundamental philosophical issues" ended his five-year tenure, during which he led an aggressive effort to expand the brand.

ROLLING MEADOWS, IL-The international Web application developer Novell Inc. has decided to beef up its presence in the northwestern suburbs by renewing and expanding its lease at Meadows Corporate Center.

MIAMI-The global investment group acquired the 272,914-sf, class A shopping center from Invesco Realty Advisors for about $190.53 per sf. The plaza is about 98% occupied, and the anchor tenants are Albertson's, Toys 'R' Us, LA Fitness and Office Max.

MIAMI-The company paid $7.4 million, or about $120.48 per sf, to Aneli Investments LLC for the building, located here at 5835 Blue Lagoon Drive in Waterford Park. Pars plans to occupy about two-thirds of the building.