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Republic Puts 1129 20th Street Under Contract

Trust Agrees To Pay $61.75 million for CBD Office Building, Sale Expected to Close in Mid-February
By Michael Kelmachter
January 24, 2007 | 7:21 P.M.

Republic Property Trust (NYSE:RPB), the Herndon, VA-based firm headed by Chairman Richard L. Kramer, the former head of Western Urban Development Corp., and CEO Mark Keller, agreed to buy 1129 20th St, NW for $61.75 million or approximately $484.52 per square foot.

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