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Inland Western Cashes Out American Express Portfolio

German Real Estate Fund Pays $270.8M for 1.5 Million-SF Office Portfolio in U.S., Canada
By Andrew C. Burr
December 6, 2007 | 4:59 AM

Inland Western Retail Real Estate Trust Inc. has sold a North American portfolio of four buildings occupied by credit card giant American Express to a German real estate investment fund for $270.8 million, or about $175 per square foot.

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