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Investor Buys Walgreens for $23M

Pasadena Property Trades at $585 PSF
By Jessica Anderson
September 11, 2018 | 1:54 P.M.

Transamerica Realty Services Inc., the real estate holding arm of Transamerica Occidental Life Insurance Co., sold the retail building at 310 S. Lake Ave. in Pasadena, California, to a private Beverly Hills-based investor for $23 million, or approximately $585 per square foot.

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