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Korean Investment Group Wins Bidding for GSK's Navy Yard Office Building in Philadelphia

Liberty Property Sells Five Crescent Dr. Fully Leased to GlaxoSmithKline for $131 Million
By Danielle Sigamoni
May 8, 2018 | 10:28 P.M.

Liberty Property Trust sold the 207,779-square-foot office building at Five Crescent Drive in Philadelphia's Navy Yard to a unit of Korea Investment Management Co. Ltd. for $130.5 million, or approximately $628 per square foot.

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