Commercial Observer In-Rel Properties Inc. has paid $25.7 million, or $176.42/sf, for the 146,672-square-foot Ballston Gateway office property at 3865 Wilson Blvd. in Arlington, Va. The Lake Worth Beach, Fla., investor acquired the property from American Realty Advisors, which had purchased it in 2003 for $35.2 million. In-Rel funded its purchase with a $16.7 million […]

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