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Hines REIT Invests $66.5M in Denver Flex Portfolio

Sperry Van Ness Sells 10 Bldgs. Totaling 485,000 SF
By Laurie Forbes
January 22, 2009 | 9:44 P.M.

Hines Real Estate Investment Trust Inc., a Houston-based office REIT, purchased 10 office/flex buildings in Englewood, CO, from an entity of Irvine, CA-based Sperry Van Ness for $66.5 million, or approximately $137 per square foot.

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