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800 Walnut Street, a 12-story, 153,242 square foot medical office building, has been sold to University of Pennsylvania Health System for $99.25 million.

Liberty Property Trust, in Malvern, developed the property in 2013 for an investment of $48.5 million. It’s using a portion of the sales proceeds at closing to repay $35.9 million of mortgage debt encumbering the property and, consequently, will realize a loss on early extinguishment of debt of $7.6 million in the second quarter of 2019.