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Hines Global REIT Secures $86 Million Investment in North San Jose

TMG Partners, Alcion Ventures Sell TSMC North America Office Bldg.
By Eric Kies
May 15, 2015 | 9:54 P.M.

Hines Global REIT struck a deal with San Francisco-based developer TMG Partners and Boston-based real estate private equity firm Alcion Ventures to acquire 2851 Junction Ave. in San Jose for $86 million, or approximately $553 per square foot.

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