Hines affiliate sells massive office complex

Company added 'significant value' since 2004 purchase
Published on Jul 20, 2006

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by CareyBot

The Hines U.S. Office Value Added Fund announced the sale of Capital Center, a suburban office campus comprised of 10 buildings in Rancho Cordova, Calif. The value of the transaction was not disclosed. DRA Advisors LLC purchased the 531,410-square-foot property, ...