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Chief Investment Officer Jeff Hanson announced today that Triple Net Properties, LLC has acquired 816 Congress in a joint venture with Lehman Brothers, the global investment bank. The acquisition closed on July 10, 2007.
INDUSTRIAL: XP Services purchased a 9,000-square-foot office/warehouse at 126 N. Witter in Pasadena from R.O. Co. Marc Drumwright with Southwest Realty Advisors represented the buyer. Cliff Mueller with Qualified Properties represented the seller.