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In two months, we had bought $40 billion and sold almost $30 billion, a total of $70 billion in real estate transactions in eight weeks. By the time we were done, we had managed to sell about 65 million square feet at a price of $461 per square foot. By contrast, the final cost to us of the 35 million square feet we kept was just $273 per square foot. We had acted at a scale and speed no one else in global real estate had ever done. We had reduced every bit of risk we could to protect and deliver for our investors.
What It Takes: Lessons in the Pursuit of Excellence
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