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KBS REIT III Snares Ten Almaden for $116.7 Million

The Blackstone Group Divests Trophy Asset in Downtown San Jose
By Bryce Meyers
CoStar News
December 9, 2014 | 9:34 P.M.

Newport Beach, CA-based KBS REIT III last week finalized a deal with The Blackstone Group to acquire Ten Almaden in downtown San Jose, CA for $116.7 million, or approximately $377 per square foot.

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