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Flynn Properties and Gem Realty Close On Largest San Francisco Office Transaction Since 2012

GEM and SEB Divest Interest to Chinese Developer Kylli for $350 Million; Flynn to Stay on as Investor
By Bryce Meyers
CoStar News
May 23, 2014 | 1:52 P.M.

A joint venture comprised of San Francisco-based Flynn Properties and Gem Realty Capital out of Chicago closed on the largest office sale in San Francisco since 2012, selling their majority stake in the historic 225 Bush St. building in San Francisco's central business district to Chinese development firm Kylli Inc. for $350 million.

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