Sunday, March 14, 2004
AP Thu Mar 11 Insurance giant MetLife Inc. said Thursday it has agreed to sell the Sears Tower in Chicago to an unspecified buyer, ending the company's long-standing investment in the nation's tallest skyscraper.
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"This is a very good deal for company," Calagna said. "We're always looking at our real estate portfolio; it's a very favorable marketplace right now and we took that into account, so it was the right decision to sell this building at this time." Control of the WTC was transferred in a 100-year lease just months before it was hit.
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