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Hines, GE Sell Kansas City Office Tower to REIT for $75M

Franklin Street Picks Up 554,524-SF Building at 2345 Grand
By Matthew Burdette
August 20, 2007 | 3:01 P.M.

Franklin Street Properties, of Wakefield, MA, purchased 2345 Grand Blvd. in Kansas City, MO, from Hines Interests LP and GE Real Estate. The building sold for $75 million, or approximately $135 per square foot, according to published reports.

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  • Properties