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Real Estate Rumor Mill: Cornerstone, WeWork, MB Real Estate

By Andrew McIntyre (May 20, 2015, 6:40 PM EDT) -- Cornerstone Real Estate Advisers LLC, a subsidiary of Massachusetts Mutual Life Insurance Co., is paying $275 million for a Wall Street tower in what is the most ever paid per square foot for a property in downtown New York east of Broadway, the New York Post reported. Cornerstone is buying 29-story, 520,000-square-foot 100 Wall St. from private equity firm Savanna, paying roughly $528 a square foot, the Post said....

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