GE Asset Mgmt. Sells Stake in 2 VA Offices for $105M

GE Asset Management sold its 75 percent interest in Metro Place III and IV, a 325,328-square-foot office portfolio in Merrifield, VA, for an implied value of $ 105 million or $ 323 per square foot. First Potomac Realty Trust (NYSE: FPO) purchased a 51 percent interest in the property
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