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Alexandria Strikes $600M Deal for Tech Square

MIT Agrees to Sell 1.2M-Square-Foot Biotech Portfolio in Cambridge
By Jennifer Quast
July 21, 2006 | 2:52 P.M.

Alexandria Real Estate Equities Inc. has agreed to purchase the seven-building Technology Square campus in Cambridge from an affiliate of the Massachusetts Institute of Technology (MIT) for approximately $600 million.

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News | Alexandria Strikes $600M Deal for Tech Square