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PS Business Parks Expands in Silicon Valley with $16.6MM Santa Clara Purchase

January 17, 20201 Mins read249
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PS Business Parks, Inc. (NYSE:PSB) announced today that it has completed the acquisition of two business parks and the disposition of one single-tenant office building. The three transactions will qualify as 1031 exchanges for tax purposes. On December 20, 2019, PSB acquired San Tomas Business Center located in Santa Clara, CA, for a purchase price of $16.6 million. […]

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