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March 15, 2013

Capstone buys Group Health site for $33M

SEATTLE — Capstone Partners and its investment partner, Lionstone U.S. Land Two, L.P., said they bought 28 acres in Redmond from Group Health Cooperative and eventually plan to build more than 3 million square feet of space: 1.1 million square feet of office and retail; 1,400 housing units and about 300 hotel rooms.

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