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Digital Realty Trust Buys 350 E. Cermak for $140M

El Paso Corp. Sells 1.1 Million-SF Lakeside Technology Center
By Jill Kober
June 15, 2005 | 1:04 P.M.

Digital Realty Trust Inc., a REIT specializing in real estate related to technology, purchased the Lakeside Technology Center in Chicago. The seller of the building was El Paso Corp., a company that provides natural gas and related energy products all over North America. The technology center was acquired for $140 million, or about $127 per square foot.

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