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South Beach Building Sells for $9M

Investment Group Buys 92,000 SF at 58-60 Federal St.
By Michael Yockman
May 5, 2005 | 2:27 P.M.

The group 60 Federal Street LLC of San Francisco acquired 58-60 Federal St. in San Francisco for $9 million, or about $97/square foot. Preferred Bank of Los Angeles sold the office property.

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