07.09.04::1150 Eighteenth Street N.W. Sold for $62.7M

July 9, 2004

Cambridge structured the disposition of 1150 18th Street, on behalf of A&A 1150 18th Street Associates L.L.C. The project, a ten-story, 173,010 square foot Class A office building was sold for total consideration of $62,700,000 to U.S. Property Fund III Gmbh & Co., KG. The purchaser was represented by Chip Ryan and Jim Luck of Cushman & Wakefield. At the time of closing the property was 89% leased.

Cambridge structured the disposition of 1150 18th Street, on behalf of A&A 1150 18th Street Associates L.L.C.  The project, a ten-story, 173,010 square foot Class A office building was sold for total consideration of $62,700,000 to U.S. Property Fund III Gmbh & Co., KG.  The purchaser was represented by Chip Ryan and Jim Luck of Cushman & Wakefield.   At the time of closing the property was 89% leased.

Read the full press release»

HEADQUARTERS                   TYSONS CORNER 
8391 Old Courthouse Road
Suite 210
Vienna, VA 22182
Phone: 703.709.8866
Fax: 703.709.0638

GREENBELT
7474 Greenway Center Drive
Suite 140
Greenbelt, MD 20770
Phone: 301.982.3112
Fax: 301.982.5408

WASHINGTON DC
2001 L Street, NW
Suite 850
Washington, DC 20036
Phone: 703.709.8866

OLD TOWN ALEXANDRIA
123 N. Pitt Street
Suite 575
Alexandria, VA 22314
Phone: 703.836.3703