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G REIT financed the purchase by borrowing about $25 million from its credit line with LaSalle Bank. Property is 67 percent leased to 21 tenants, including Patient Accounting Services Corp., Alaska Airlines and United Airlines.
The estimated price for the 8-bldg property is far below the $46Mln that TrizecHahn paid for it in 2000.
Deal is for Creekside Buildings I, II and II
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