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Paying a record price for land in downtown San Francisco, Lincoln Property Co. has acquired office building sites at 350 Bush St. and 500 Pine St. for more than $60 million and plans to start driving piles as soon as next spring on a speculative basis. The seller was a partnership of Shorenstein Properties, the Swig Co., and Weiler & Arnow Management Co. The three family-owned real estate corporations had assembled the sites over the course of four decades and received approvals for the projects six years ago. .
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