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Penn Center High-Rise Trades for $98M

Transwestern Sells Philadelphia Office Tower to APF Properties
By Walter Bruton
August 14, 2008 | 12:57 P.M.

Transwestern Investment Co. closed on its sale of the 1601 Market St. tower in Philadelphia to APF Properties, a New York-based property investor, for $98 million, or approximately $144 per square foot.

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