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Keystone Property To Be Sold for $1.6B

ProLogis/Eaton Vance Will Acquire 22.9M SF of Industrial Properties

Keystone Property Trust has agreed to be acquired by a partnership of ProLogis and certain affiliates of investment funds managed by Eaton Vance Management for $23.80 per share, with a total consideration of $1.6 billion including assumed liabilities and expenses.

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