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Boston Group Buys Regents Centre for $17.24 Million

Castle & Cooke North American Sells 124,145-SF Office Portfolio in Tempe
By Phillip Majarucon
February 3, 2006 | 12:51 P.M.

MSC Tempe, an entity of Great Point Investors out of Boston, MA, acquired the 124,145-square-foot Regents Centre in Tempe from Castle & Cooke North American. The three-building portfolio, at 1900, 1910 and 2000 W. University Drive, sold for a total of $17.24 million, or nearly $139 per square foot. Gary Schwandt, a principal with the buyer, confirmed the deal.

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