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Dolby Labs Buying San Francisco High-Rise

DivcoWest To Sell Market St. Office Property for $110M
By Jeremy Hoffmann
June 27, 2012 | 5:17 AM

Leading audio technology company Dolby Laboratories (NYSE:DLB) agreed to buy 1275 Market St. in San Francisco from DivcoWest and TMG Partners for about $109.8 million, or approximately $310 per square foot. The sale is expected to close on July 10.

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