1.13.11::Cambridge Announces the Acquisition of 1501 Moran Road, Sterling, VA and its appointment as Property Manager, Leasing Agent and Construction Manager for the Property

January 1, 2011

Cambridge Property Group LLC represented 1501 Moran Road LLC in the acquisition of the note and Right of Foreclosure from General Electric Capital Corp. for $7M. The project is on 17.78 acres and is comprised of 160,000 SF of warehouse and office space. The Buyer perfected fee simple title for the property on the day of closing.

Cambridge Property Group LLC represented 1501 Moran Road LLC in the acquisition of the note and Right of Foreclosure from General Electric Capital Corp. for $7M.  The project is on 17.78 acres and is comprised of 160,000 SF of warehouse and office space.  The Buyer perfected fee simple title for the property on the day of closing.

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