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December 6, 2005

TOP STORY: SBC, Inland Affiliate Close $338M Sale/Leaseback Deal

By Michelle Napoli

Hoffman Estates, IL—An affiliate of Inland American Real Estate Trust Inc. closed on a 1.69 million-sf sale-leaseback with SBC Communications Inc. just prior to the tenant closing its acquisition of AT&T Corp. and changing its name to AT&T Inc. At $338 million, the acquisition is the largest deal transacted by an entity of Oakbrook, IL-based Inland.


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