Last Tuesday, a Crescent spokesman declined to comment on thedeal's status to GlobeSt.com. According to the SEC filing, the dealwas pulled the day before, the last day for Walton to pull out andget its earnest money back. Ironically, the tentative buyer hadrolled in the 16-story, 343,664-sf Austin Centre at 701Brazos St. in the state capital's CBD to the deal just one weekearlier, adding $75.5 million to the offer.

Due to the holiday and timing of the SEC filing, dealmakerscouldn't be reached for comment. Had the deal crossed the closingtable, Crescent stood to gross nearly $585 million from the sale ofits business hotels, resorts and the Austin Centre office building.The resort portfolio spanned seven well-known properties, with1,854 keys in California, Colorado and Texas.

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