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August 2, 2010

Schnitzer West sells 2 properties for $306M

By MARC STILES
Journal Staff Reporter

Schnitzer West sold two properties on Friday: Advanta Office Commons in Bellevue and the Equinox apartment project in Seattle, for a total of $306 million.

An LLC, Advanta Office Holdings, purchased the 600,000-square-foot Advanta property along Interstate 90 for $240 million. The price works out to $400 per square foot for the building that Microsoft leases.


 
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