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KBS Finalizes $30.5 Million Gateway Center Sale in Downtown Charlotte

GEM Realty Picks Up Johnson & Wales University-Anchored Bldg.
By Braedon Koerwitz
July 25, 2016 | 9:29 P.M.

Newport Beach, CA-based KBS Real Estate Investment Trust completed its sale of the Gateway Center in downtown Charlotte, NC for $30.5 million, or about $98 per square foot, to Chicago-based GEM Realty Capital, according to local sources.

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