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

July 9, 2004
0

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.

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