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Parsons Campus Outside of L.A. Trades for $320 Million

Morgan Stanley/Lincoln Property Partner to Buy 932,000-SF Office Portfolio
By Laurie Forbes
July 5, 2011 | 2:46 P.M.

Parsons Corp. sold its 932,000-square-foot, 22.7-acre office campus in Pasadena, CA, to a joint venture between Morgan Stanley Real Estate Investing and Lincoln Property Co. The sales price was $320 million, according to a report in the Los Angeles Times.

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