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Columbia Property Trust Pays $514.1M for Chelsea Office Buildings

New York REIT Sells Two Fully Leased Properties
By Eric Samuels
November 7, 2017 | 5:45 P.M.

Columbia Property Trust (NYSE: CXP) has closed on its previously announced acquisition of three office buildings at 245 - 249 W. 17th St. and 217 W. 18th St. in New York City from New York REIT, Inc. for $514.1 million, or about $1,145 per square foot.

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