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SEATTLE-A month after the collapse of a big investment deal, the would-have-been online market for commercial real estate transactions has turned off its Web site, closed its operation and laid off its remaining 22 employees.

LEESBURG, FL-Commissioners are signing a letter of intent this week to sell a 200-acre industrial parcel for $1.6 million or $8,000 per acre (18 cents per sf) to a seller believed to be Wal-Mart Stores Inc.

HOUSTON-A three-year employee, Tyndall Yaap, of Grubb & Ellis Co. snags a promotion to vice president of the industrial group at the Houston office. The real estate firm employs 63 in the city.

CHICAGO-Millbrook Properties will lease 10-acres at its Millbrook Business Center to Plexus as well as lease a build-to-suit facility to the electronic products manufacturer. The last five acres of the 20-year-old, 90-acre park will likely be breaking ground next year.

SHORT HILLS, NJ-Mortgage REIT has been courting potential buyers for two years without striking a deal.

AUSTIN-Guerrero-McDonald & Associates Inc., an Austin-based design and construction firm, is plunging ahead on a plan to build 60,000 sf of condo, office and retail space on land positioned midway between the Capitol and the University of Texas.

SPOKANE, WA-When you add up the congestion and the high prices, "suddenly Spokane starts looking OK," says Kevin McCathren, vice president of Janek Co., a locally based real estate company developing office space in the Liberty Lake area.

SAN DIEGO--Ailing REIT, which is in the process of selling itself off,