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Behringer Harvard Buys 2.9 Acres in Houston

Buyer Plans New Multifamily Project in Midtown Submarket
By Dennis Bozzell
August 29, 2012 | 6:30 P.M.

Behringer Harvard Multifamily REIT I Inc. acquired 2.9 acres in Houston where it plans to redevelop an existing multifamily property. Andover Properties sold the land for $11.2 million, or approximately $3.84 million per acre.

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