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HIGH RISES LOW RETURNS

It was, for a brief, shining moment, the real estate deal of the century.

In 2007, Sam Zell, the billionaire Chicago investor, sold a portfolio of 573 properties he had assembled over three decades, Equity Office Properties Trust, to the Blackstone Group for $39 billion. It was the largest....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.