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Phillips Point Towers Sold for $245.5M

AEW Acquires 443,000 SF in West Palm Beach
By Esmeralda McKie
June 29, 2015 | 8:18 P.M.

Colonnade Properties LLC and The Prudential Insurance Company of America have sold the Phillips Point office towers at 777 S. Flagler Dr. in West Palm Beach, FL to AEW Capital Management for $245.5 million, or about $554 per square foot.

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