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08 February 2011 ~ Comments Off

Duke Realty closings keep on coming

The deals in Duke Realty Corp.’s mega acquisition of Premier Commercial Realty’s South Florida portfolio just keep sliding across the closing table. Duke (NYSE: DRE) took official ownership of three of the four office buildings and a development site at Crossroads Business Park in Plantation on Jan. 28, according to court records. The total price: $53.5 million, including the assumption of $41 million in loans with Wells Fargo, records show. The last Crossroads building should close later this month, pending working out loan assumption details with the lender, Duke Senior VP Ed Mitchell…

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