Last Updated: July 30, 2010 12:51am ET

KBS Closes on $655M Tower Purchase

By Robert Carr

CHICAGO-Hines has sold its 60-story 300 N. LaSalle building in the River North downtown submarket to this Newport Beach, CA-based REIT. The property sold for almost $504 per square foot, a city record.

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BofA Reevaluates US Real Estate Portfolio

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