A&A Rakes in $67M for 1150 St. NW Class A Site

July 23, 2004
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It's official: 1150 18th Street, NW has a new owner. The 171,000 square-foot Class A building was sold for $67 million by A&A Investment to TMW Property Funds, a division of Prudential Real Estate Investors. Cushman & Wakefield represented TMW in the transaction, and Herndon-based Cambridge advised A&A. Cambridge will continue to manage and lease the building.

It’s official:  1150 18th Street, NW has a new owner.

The 171,000 square-foot Class A building was sold for $67 million by A&A Investment to TMW Property Funds, a division of Prudential Real Estate Investors.

Cushman & Wakefield represented TMW in the transaction, and Herndon-based Cambridge advised A&A.

Cambridge will continue to manage and lease the building.

Read the full article»

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