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Real estate investment firms from California and Colorado have bought the 24-story Great American Tower office building in Phoenix’s Central Corridor for $70.3 million. American Realty Advisors in Glendale, Calif., and 3200 North Central Venture LLC, an affiliate of Lakewood, Colo.-based Alliance Commercial Partners, purchased the 338,411-square-foot building from US Office Holdings Ltd. Partnership in Atlanta, according to Maricopa County records.  More…

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