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1031 Exchange in Norwalk

Dynamic Buildings Buys 81K SF for $7.6M
By Debra Bixel
May 20, 2004 | 5:13 P.M.

In a 1031 exchange transaction, Los Angeles-based Dynamic Builders purchased the four-building, 81,232-square-foot Carmenita Business Center in Norwalk, CA for $7.6 million, nearly $94 per square foot, with a capitalization rate of 7.5 percent.

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