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The Real Deal: Microsoft co-founder Paul Allen lists undeveloped site in Beverly Hills for $150M

In Beverly Hills, where supply is tight and home prices are soaring, a massive swath of land just hit the market for an equally massive asking price.

Paul Allen, the billionaire co-founder of Microsoft, wants $150 million for a 120-acre site, the Wall Street Journal reported. That’s seven-and-a-half times the amount the billionaire paid for the land back in the 1990s.

ORIGINAL TRD ARTICLE HERE.