5.16.06::1400 Eye Street Sold for $41.4 Million

May 16, 2006

Cambridge Property Group successfully structured the sale of 1400 Eye Street in the East End submarket of Washington, D.C. Cambridge Property Group represented the seller, 1400 Eye Investors LLC, which sold the project to 1400 I Street NY, LLC for a total consideration of $41,400,000. The purchaser was represented by Gerry Trainor of Transwestern Commercial Services.

Cambridge Property Group successfully structured the sale of 1400 Eye Street in the East End submarket of Washington, D.C.  Cambridge Property Group represented the seller, 1400 Eye Investors LLC, which sold the project to 1400 I Street NY, LLC for a total consideration of $41,400,000.   The purchaser was represented by Gerry Trainor of Transwestern Commercial Services.

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