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5959 Randolph St.

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Liberty Property Trust Acquires Commerce Industrial Property for $93 Million

The Malvern, Pa.-based real estate investment trust, Liberty Property Trust, has acquired the 400,000-square-foot Randolph Business Center at 5959 Randolph St. in Commerce for $92.7 million, or nearly $232 a square foot, from CalPERS and Seattle, Wash. investment manager Bentall Kennedy, according to CoStar Group Inc.

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