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City Office REIT Buys 5090 Bldg

JV Sells Phoenix Asset for $42.6M
By Brett Wyatt
December 14, 2016 | 9:17 P.M.

Vancouver, BC-based City Office REIT has purchased the 5090 Building at 5090 N. 40th St. in Phoenix, AZ for $42.6 million, or about $242 per square foot, from Lowe Enterprises Investment Management LLC and JPMorgan Asset Management.

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News | City Office REIT Buys 5090 Bldg