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March 24, 2008

Hines REIT Pays $120M for Direct TV, Raytheon Bldgs.

The Los Angeles, CA, office of Hines REIT purchased the Raytheon and DirectTV buildings at 2200 and 2230 E. Imperial Highway in El Segundo from an affiliate of Lexington Realty Trust for $120 million, or about $218 per square foot. In addition to the

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