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Real Estate

Nat Levy
Real Estate Reporter
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May 1, 2014

Real Estate Buzz: That's a lofty price for Joseph Arnold Lofts

Real Estate Reporter

The Schuster Group sold its newest apartment building, Joseph Arnold Lofts, this week for a hefty sum: $68.2 million.

That breaks down to $699.63 a square foot, which is a record for this region, according to Dupre + Scott Apartment Advisors. The per unit price — $511,194 — is the second highest ever paid in this region.

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