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KBS REIT II Acquires $90M Industrial Portfolio

Portfolio Totals 1.6M Square Feet in Northeast Pennsylvania
By Rachel Mossman
February 17, 2011 | 2:59 P.M.

KBS Real Estate Investment Trust II (KBS REIT II) has acquired a four-building industrial portfolio of commercial properties located throughout Pittston, Hazleton, and Jessup, PA for $90 million, or about $55 per square foot.

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