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Real Estate

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May 14, 2010

REIT from Phoenix is buying City Center Plaza for $310M

Journal Staff Reporter

Photo by Robert Pisano [enlarge]
The City Center Plaza price works out to nearly $532 per square foot. Microsoft leases almost all of the 583,000-square foot tower.

A Phoenix real estate investment trust is buying the 26-story City Center Plaza in Bellevue for $310 million, according to a Securities and Exchange Commission filing.

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