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GE Asset Mgmt. Sells Stake in 2 VA Offices for $105M

First Potomac Takes Controlling Interest of 325,328-SF Portfolio
By Laurie Forbes
December 1, 2011 | 7:00 P.M.

GE Asset Management sold its 75 percent interest in Metro Place III and IV, a 325,328-square-foot office portfolio in Merrifield, VA, for an implied value of $105 million or $323 per square foot.

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