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06/23/07
BCBS pays $5.9M for vacant land
Filed under: General, Business, Real Estate
Posted by: Lillian Wong @ 4:19 pm

Blue Cross and Blue Shield of Arizona Inc., the state’s largest health insurer, paid $5.9 million for 13 acres of vacant land near its corporate headquarters in Phoenix. The nonprofit health insurer plans to build about 200,000 square feet of office space on the property, which is south of Dunlap Avenue and east of Interstate 17. Plans call for occupying the new offices in the first quarter of 2010, said Karen Abraham, vice president of finance for the Phoenix-based health plan.  More…

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