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Overseas Investor Pays Record Price for Lankford's Broadway 655

Downtown High Rise Fetches Over $550 SF
By Randy Evans
July 11, 2007 | 2:03 P.M.

Wereldhave USA, the U.S. investment subsidiary the Dutch international real estate investment firm Wereldhave NV, recently closed on the purchase of a 23-story, 381,043-square-foot office tower located at 655 West Broadway in downtown San Diego, for $210 million. The Netherlands-based buyer paid over $550 per-square-foot for Advanced Equities Plaza, the downtown building formerly known as Broadway 655.

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