News & Press

Cambridge Property Group LLC represented 1501 Moran Road LLC in the acquisition of the note and Right of Foreclosure from General Electric Capital Corp. for $7M. The project is on 17.78 acres and is comprised of 160,000 SF of warehouse and office space. The Buyer perfected fee simple title for the property on the day of closing.

Cambridge Property Group LLC, on behalf of its affiliate Galaxy, LLC, in partnership with Westport Capital Partners, is pleased to announce the acquisition of 1250 23rd Street NW, located in the West End of Washington, DC. Built in 1989 and renovated in 2010, the property is a Class A, 128,571 square foot office building with 2 levels of parking. 1250 23rd Street, NW features large floor plates of 35,875 SF that can accommodate both single-tenant & multi-tenant configurations with a generous window line. There is a new tenant-only fitness center with state-of-the-art equipment and lockers.

Cambridge Property Group LLC, on behalf of Northwestern Mutual Life Insurance Co., is pleased to announce the acquisition of Two Constitution Square in the NoMa submarket of Washington, DC.. Two Constitution Square is a 589,088 square foot LEED Gold office building with 12 stories of above ground office space and three levels of below grade parking. The project is awaiting approval from the U.S. Green Building Council on its application for LEED Platinum certification for Core and Shell. The property’s entrance is located immediately adjacent to METRO’s Red Line station at New York Avenue. The first floor retail area will feature Constitution Café and Georgetown Valet, and the office area will be fully occupied by the Department of Justice.