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No terms of the sale, but the Forbes Building was acquired for below replacement cost; fully leased to State Street Corp.
Built in 1989, bldg is fully leased to SSB Realty LLC, an affiliate of State Street Corp., through March 2011.
A $9 Mln repositioning will include upgrades to common areas, kitchens and baths.
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© 2024 Commercial Real Estate Direct All rights reserved..
