12.10.02::1025 Vermont Avenue, N.W. Acquired for $22.95M

Cambridge Property Group successfully arranged the acquisition of 1025 Vermont Avenue (known as The Global Building) in the East End submarket of downtown Washington, DC. The property consists of a twelve-story office building containing 113,781 square feet of office and retail space and a two-level underground parking garage containing 149 spaces. The project was purchased by 1025 Vermont Investors, L.L.C. for a total consideration of $22,950,000 from Global Realty Corp.