Reginal Thomas
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AT&T Sold It's California Offices



AT&T sold a office complex stationed in San Francisco to Sunset Development Co. and MetLife Inc. for over $250 million. AT&T is looking to expand, and will lease half of the complex. Last year AT&T said it was open to selling some of its peripheral assets, such as wireless towers. Alex Mehran Jr. Sunset's President and Chief Operating Officer said, "It provides us with a significant lease from AT&T, along with 1 million square feet of office space that is available and of the highest quality in the Bay Area."