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Alliance Commercial Makes Play on Security Title Plaza

Colorado Investor Acquires Class A Office Bldg. for $38 Million
By David Whitmore
January 24, 2007 | 1:39 P.M.

Alliance Commercial Partners LLC of Lakewood, CO purchased Security Title Plaza, at 3636 N. Central Ave. in Phoenix, for $38 million, or nearly $175 per square foot. Affiliates of Equastone Real Estate Investment Advisors sold the property at a 4.25% cap rate.

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