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Singapore REIT To Sell Florida Office Building at Discount

Proceeds Expected To Shrink Debt Levels

One Town Center in Boca Raton, Florida, is nearly 100% leased. (Giovanny Lopez/CoStar)
One Town Center in Boca Raton, Florida, is nearly 100% leased. (Giovanny Lopez/CoStar)

Just three years ago, the nearly $100 million sale of the One Town Center in Boca Raton, Florida, was counted as one of the largest deals that summer. It is set to sell this year at an 18% discount to that price.

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