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Baxter Completes $9.5M Round Lake Land Deal

REIT Sells 31 Acres After Hospital Plans Stall
By Erik Smith
November 12, 2008 | 3:39 P.M.

Baxter International Inc., a Deerfield, IL-based medical solutions firm, acquired a 31.08-acre land parcel in Round Lake from Healthcare Realty Trust Inc., a Nashville-based REIT that develops medical office properties, for $9.51 million, or about $306,051 per acre.

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