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BURBANK, CA-An affiliate of Digital Realty Trust has acquired a 82,911-sf office building at 3015 Winona Ave. from an affiliate of Hines Corporate Properties for $16.6 million, according to Studley. The transaction was brokered by Paul Stockwell of Studley’s Los Angeles office along with Will Adams of Studley. The two-story building was built in 1991 and is 100% leased to Qwest Communications International Inc., which uses the space as a regional telephone switching and data center.

This is the second time in six years that Studley has represented the Hines affiliate in a negotiation on the Burbank property, with Stockwell and Adams brokering both deals. In 1998, Stockwell and Adams represented Sagamore Equities in the acquisition of the then-vacant Burbank building from Community Bank. They then negotiated the 12-year, $17-million triple-net lease for the entire building with Quest on behalf of Sagamore, which sold the property to Hines three months later with the Studley team brokering the transaction. In the latest sale, Digital Realty Trust was represented by Sean Sullivan and Patrick Church of CB Richard Ellis.

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