1.30.06::Park Center, Alexandria, Virginia Acquisition for $135M

Cambridge Property Group structured the acquisition of Park Center, on behalf of The Northwestern Mutual Life Insurance Company.  The portfolio consists of three office buildings, totaling 560,979 square feet, located in Alexandria, Virginia.  The portfolio was purchased for total consideration of $135,000,000 from Equity – Kiosk, L.L.C., Park Center Plaza, L.L.C. and Equity Ford, L.L.C.  The seller was represented by Gerry Trainor of Transwestern Commercial Services.

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