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NEW YORK CITY-The hotel chain pulls the plug after suitor Columbia Sussex Corp. misses a due diligence deadline. Columbia claims it needed a one-week extension and says the seller is "completely unreasonable.
OCEANSIDE, CA-A private investor has purchased the Home Depot Shopping Center in this North County community for $4.4 million. The property has gained value along with rising demographics in Oceanside, one of the fastest-growing areas in San Diego County.
FLORHAM PARK, NJ-Insignia/ESG has been given the assignment to market the flex asset, formerly the home of Smiths Industries, to multiple or single tenants.
ATLANTA-In a surprise move, R. Dary Stone, president and chief operating officer of Cousins Properties Inc., is moving back to Texas to spend more time with his family. His replacement hasn't been announced.
SEATTLE, WA-Colliers newest report says it may be a while before the Puget Sound market can pick itself up off the mat, having suffered a one-two punch of economic turmoil and regional dot-com collapses.
CHICAGO-The minimum bid for a West Loop office campus of a failed web development company could be had for as little as $30 per sf at a bankruptcy auction Feb. 14. Plans once called for a $115-million corporate campus.
WALDORF, MD-With plans to begin construction of its natural gas-driven electric plant this spring, Freestate Electric LLC acquires 32 more acres in the Piney Reach Industrial Park section of the St. Charles master-planned community.
SANTA BARBARA, CA-Fidelity National Information Solutions (FNIS), a real estate-related transaction management and technology solutions company, has released two broker-agent productivity offerings, AgentOffice and TransactionPoint.
AUSTIN-Austin City Council continues to weigh the pros and cons of taking back a CBD block now leased until 2015 to Computer Sciences Corp. CSC says all information must come from the city on the talks. CSC is asking $4 million.
DENVER-A familiar face at the 980-acre Inverness Business Park, Brad Neiman leaves Mile High Properties to join longtime friends John O'Meara and George Beardsley at Inverness Properties LLC.