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Real Estate

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June 5, 2018

Blackstone sells 5th & Bell for $95M

Journal Staff Reporter

Photo by Hines [enlarge]
Amazon occupies about half the office space in 5th & Bell. It was developed in 2002, with about 197,000 square feet.

Less than two years ago, Blackstone acquired the 5th & Bell Building for almost $93 million, as part of a larger portfolio sale from Hines. Now the building has sold again for almost $95 million to Alexandria Real Estate Equities.

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