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Mirvac Sells 1 Million-SF Industrial Portfolio for $60M

Liberty Closes on 2 Distribution Facilities SW of Chicago
By Laurie Forbes
July 11, 2011 | 7:25 P.M.

Mirvac, an Australia-based investment company, closed its sale of two buildings totaling 1.24 million square feet at Centerpoint Intermodal Center in Elwood, IL. Liberty Property Trust (NYSE: LRY) acquired the portfolio for $60 million, or approximately $48 per square foot.

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