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Washington Real Estate Investment Trust (WRIT) (NYSE:WRE - News) has completed the sale of the Tech 100 Industrial Park for $10.54 million. The three building, 166,000 square foot industrial property, located in Elkridge, Maryland, was acquired in 1995.
WRIT achieved a net book gain of $4.2 million on the sale of the property and a 14.0% unlevered internal rate of return during the 14-year ownership period. Sentiment : Strong Buy Rating :
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