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TPG affiliate acquires Jacksonville, Fla., office towers for $107M
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An affiliate of TPG Capital LP acquired two office towers in Jacksonville, Fla., from VanTrust Real Estate LLC for $107.1 million, the Jacksonville Business Journal reported.
The affiliate acquired Town Center One at 5555 Gate Parkway for $42.6 million and Town Center Two at 5335 Gate Parkway for $64.5 million. The two office towers are anchored by Web.com Group Inc. and Availity.