News & Press

March 18, 2004

Beacon Buys 1615 L Street, N.W. in Washington

Beacon Buys 1615 L Street, NW in Washington Beacon Capital Partners L.L.C. purchased 1615 L Street, NW in Washington, D.C. The 400,000-square-foot office property sold for $123.8 million or $309 per square foot. Halle Enterprises and Cambridge Property Group sold the building, which has floor plates of up to 40,000 square feet on the upper floors.
March 12, 2004

2003 Office Leasing Deals

2003 Office Leasing Deals Ranked by Price Per Square Foot
March 12, 2004

Largest Commercial Real Estate Sales in 2003

Largest Commercial Real Estate Sales in 2003 Ranked by Price Per Square Foot
February 26, 2004

02.26.04::727 15th Street, N.W. Sold for $8.6M

Cambridge structured the disposition of 727 Fifteenth Street NW, on behalf of 727 15th Street Associates Limited Partnership. 727 Fifteenth Street is a twelve-story building consisting of 43,616 square feet of office and retail space. The project was sold for a total of $8,600,000.00 to National Community Reinvestment Coalition, which was represented by Anthony King of the Fred Ezra Company.
February 23, 2004

02.23.04::NACO Leases a Further 143,810 Square Feet

CA/Development LLC has entered into a ten (10) year lease for 143,810 square feet with the United States Government . The project will be developed by Cambridge Development Group (a wholly owned subsidiary of Cambridge) on behalf of CA/Development LLC. The project will consist of a single-story office / production / warehouse facility for the National Aeronautical Charting Office (NACO), at 10201 Good Luck Road in Lanham Maryland.
February 11, 2004

02.11.04::Public Ledger Building, Philadelphia, PA Sold for $34.2M

Cambridge assisted in the disposition of The Public Ledger Building, in Partnership with the Bernstein Companies’ Consortium Capital II. The Public Ledger Building is a twelve-story building consisting of 466,217 square feet of office and retail space. The project was sold for a total of $34,200,000 to Triple Net Properties.
February 1, 2004

02.01.04::Cambridge Achievements In 2003

Cambridge Holdings announced that in the year just closed the group has: Acquired or placed 733,200 square feet with a total value of $176,519,000 •Acquired or placed 733,200 square feet with a total value of $176,519,000 •Provided development services for 469,000 square feet, for $81,500,000 total value
December 17, 2003

Beacon Fund Shopping DC Offices

Beacon Fund Shopping DC Offices Beacon Capital Partners is about to market a Washington office building that is valued at about $130 million.
October 1, 2003

10.01.03::475 School Street, S.W. Sold for $14.5M

Cambridge structured the disposition of 475 School Street on behalf of Sullyfield Circle Limited Partnership. The property, a five-story, 57,759 square foot office building, was sold for a total consideration of $14,500,000 to 475 School Street Holdings LLC.

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