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June 7, 2005

By Michelle Napoli

Non-listed REIT Inland Western Retail Real Estate Trust Inc. recently closed on a $220-million purchase of HR outsourcing and consulting firm Hewitt Associates Inc.'s corporate headquarters. The 1.16-million sf office deal—a sale-leaseback that apparently puts an end to a synthetic lease financing—involves five buildings at two different locations in Lincolnshire, IL.

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