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Tower Burbank Sells for $109M

JV Closes on Acquisition of 32 Story Office Bldg
By Emily Chiu
March 26, 2014 | 12:01 P.M.

Worthe Real Estate Group and PCCP LLC have entered into a joint venture and closed on the $109 million acquisition of Tower Burbank, located at 3900 W. Alameda Ave. in Burbank, CA. BlackRock, Inc. sold the asset at approximately $224 per square foot.

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  • Properties