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REAL ESTATE

Compiled by Michael Flagg, Times staff writer

The Sammis Co. in Irvine said it had formed a general partnership with Property Capital Associates in Boston to buy industrial buildings in markets around the nation as part of a new real estate investment trust.

Advised by the Boston company, Sammis will begin buying buildings later this year in markets where it has offices--California, Washington state, Arizona, New Jersey and Washington, D.C.--and in other markets such as Chicago and Atlanta.


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