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State Farm Sells 2.2 Million-SF Richardson Office Campus to Korean, Texas Investors

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A partnership of Transwestern Investment Group and South Korea-based Mirae Asset Global Investments Co., has acquired State Farm Auto Insurance Co.’s new 2.2 million-square-foot office campus in Richardson, TX

The partnership, Corporate Properties Trust I LP, will lease back the four main office and retail towers with connected parking garages located at 1150, 1201 and 1251 State St. and 3661 N. Plano Road to State Farm in the sale transaction…

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