BOSTON-David Wyss, the chief economist for Standard & Poor's Corp. in New York City, tells GlobeSt.com that this area's commercial real estate market will probably not see a turnaround until next year, and conditions in the market will worsen before they improve.

SAN DIEGO-Burnham Pacific Properties Inc. and Pacific Retail have delayed closure of a deal in which Burnham will sell Pacific 18 properties.

AUSTIN-Schlotsky's, an Austin-based sandwich shop operator, says it's time to focus on systemwide growth. The focus comes with a 358% in third quarter net income growth and 155% jump in revenue. The chain has 692 locations, of which 29 are company owned.

PORTLAND, OR-The recently de-listed public company, currently reorganizing under Chapter 11 of the U.S. Bankruptcy Code and operating as debtors-in-possession, acquired 16 assisted living properties for $23.5 million.