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Granite Buys Spectrum Center From Crescent

Upgrades Planned for 598,000-SF Dallas-Area Office Complex
By Nan Eckman
April 16, 2008 | 3:07 P.M.

Granite Properties purchased the two-building Spectrum Center at 5080 Spectrum Drive in Addison, TX, from Crescent Real Estate for an undisclosed amount. The Dallas County Assessor's Office shows a value of $68 million, or about $114 per square foot.

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