SAN FRANCISCO-Hines, which is trying to sell two of itsbuildings at 101 California St. and 100 Montgomery St. in SanFrancisco, has agreed to purchase the Gap's Old Navy headquartersbuilding at 550 Terry Francois Blvd. from GLL Real Estate Partnersfor $180 million. GLL purchased the 283,000-square-foot building in2009 for $136 million from Tishman Speyer.

Hines will pay $636 per square foot for the property situated inSan Francisco's Mission Bay. The building is fully leased by Gap.For the full story, go to San Francisco Business Times.

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