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01/17/10
Buildings sale nets $735 million for Arizona
Filed under: General, Real Estate
Posted by: Lillian Wong @ 5:12 pm

The sale of state buildings to investors was so successful that Arizona lawmakers say they hope to do another round to raise up to an additional $300 million.

The two-day sale that ended Wednesday drew $735.4 million from investors.

“We’ll have the money in state coffers by January 26,” said Alan Ecker, a spokesman for the state Department of Administration.   more…



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