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NYSE: KRC) today said it has reached agreement in three separate off-market transactions totaling approximately $670 million to acquire Indeed Tower in Austin, Texas, a land site adjacent to its 2100 Kettner development project in San Diego and the ground lease under its Key Center office tower in Bellevue, Washington. All three transactions are expected to close by the end of the third quarter and are subject to certain closing conditions. Indeed Tower (Photo: Business Wire)
Indeed Tower (Austin, Texas) The $580 million acquisition of Indeed Tower, the brand-new, premier Austin office project, will bring immediate financial and strategic benefits to the company, including the opportunity to grow
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Indeed Tower in Austin being sold for $580 million to California firm
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