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CBRE Trust Buys Dr Pepper Dist. Facility for $29M

Hillwood Sells 602,500-SF Property 1 Year After Delivery
By Laurie Forbes
January 7, 2010 | 9:01 P.M.

CB Richard Ellis Realty Trust purchased Dr Pepper’s 601,500-square-foot distribution center at 2300 Pickettville Road in Jacksonville, FL, from Hillwood Investment Properties for $29 million, or approximately $48 per square foot.

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