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Aon Hewitt Property Outside Chicago Trades for $148M

RPAI Sells 70% of Lincolnshire Office Campus to Pay Off Mortgage Debt
By Laurie Forbes
November 20, 2012 | 4:33 P.M.

Retail Properties of America Inc. (NYSE: RPAI), a shopping center REIT, completed its trade of the Aon Hewitt Property in Lincolnshire, IL, to an undisclosed buyer for $148 million, or approximately $181 per square foot. Earnings from the sale were used to pay off $117.7 million of mortgage debt and accrued interest encumbering the entire Aon Hewitt Campus.

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