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REIT Buys Redmond, WA Business Park for $75.75M

Investor Sells 493,236 SF of Office/Flex Space
By Amy Usoegbu
February 21, 2007 | 7:38 P.M.

PS Business Parks Inc., a California-based REIT, purchased the 493,236-square-foot, 27-building Overlake Business Center in Redmond, WA, from Yett Management Inc. for $75.75 million, or about $153.50 per square foot.

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