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KBS REIT III Buys Austin Office for $35.9 Million

Lincoln Property Co. Sells LEED-Certified Office Building
By Chatea Coates
November 4, 2011 | 8:34 P.M.

KBS REIT III, a public real estate investment trust, acquired Las Cimas IV, a five-story office building in Austin, TX, from Lincoln Property Co. for $35.9 million or $260 per square foot.

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News | KBS REIT III Buys Austin Office for $35.9 Million