January 4, 2013
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Technology company AMD announced plans to sell its Oak Hill campus at 7171 Southwest Parkway to commercial investors and use the proceeds to fund its business operations, AMD spokesman Michael Silverman said. The company would then lease the space back from the investors for 12 or 15 years with options to renew. If the deal is completed, AMD expects to sell the property for $150 million–$200 million. www.amd.com