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Springfield, MO
A 278-unit multifamily apartment complex in St. Louis sold for nearly $71 million.
Invesco Real Estate purchased the real estate from Balke Brown Transwestern, which developed it in 2013 for $42 million. The property is located in the Forest Park area.
Real estate data firm Reonomy notes the purchase is the largest transaction of the year so far in St. Louis.
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