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Prominent STL office tower sells

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A prominent St. Louis office tower has sold in a multifaceted deal.

Sax Ventures of Cedarhurst, New York, bought One Metropolitan Square for $120 million, the St. Louis Business Journal reports.

Florida-based investment management firm Kawa Capital Management acquired the land and will lease it back to Sax Ventures. The latter company will manage the building.

Read more from the St. Louis Business Journal.

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