News & Press

May 9, 2016

Washington Metropolitan Area Transit Authority Pays $12.9 Million for Lanham Flex Building

The Washington Metropolitan Area Transit Authority (WMATA) acquired a 142,810-square-foot flex building in Lanham, MD from developer Cambridge Property Group for $12.852 million or about $90 per square foot. The building delivered in 2005 at 10201 Good Luck Road as a build-to-suit for the Federal Aviation Administration, which vacated the complex in December.
May 6, 2016

Washington, DC citybizlist: Cambridge Property Group Announces the Sale of 10201 Good Luck Road, Lanham MD with a Total Transaction Value of $12,852,000

Cambridge Property Group LLC is pleased to announce the sale of a 142,810 square foot, Class A, flex building located at 10201 Good Luck Road, Lanham, Maryland on behalf of its clients, CA/Development Associates, LLC. This state of the art distribution and office building, was sold to the Washington Metropolitan Area Transit Authority (WMATA). Cambridge's William B. Czekaj, Ingo Mayr and Benjamin R. Eldridge, Jr. negotiated the transaction on behalf of CA/Development Associates, LLC.
May 6, 2016

Baltimore citybizlist: Cambridge Property Group Announces the Sale of 10201 Good Luck Road, Lanham MD with a Total Transaction Value of $12,852,000

Cambridge Property Group LLC is pleased to announce the sale of a 142,810 square foot, Class A, flex building located at 10201 Good Luck Road, Lanham, Maryland on behalf of its clients, CA/Development Associates, LLC. This state of the art distribution and office building, was sold to the Washington Metropolitan Area Transit Authority (WMATA). Cambridge's William B. Czekaj, Ingo Mayr and Benjamin R. Eldridge, Jr. negotiated the transaction on behalf of CA/Development Associates, LLC.
May 6, 2016

5.3.16: Cambridge Property Group LLC Announces the Sale of 10201 Good Luck Road, Lanham, MD

Vienna, Virginia – Cambridge Property Group LLC is pleased to announce the sale of a […]
April 8, 2016
VA Hospital Charlotte Cambridge Commercial Real Estate Property Development North Carolina

VA Opens Charlotte Health-Care Center, Expands Services for Veterans

The U.S. Department of Veterans Affairs has opened its 295,000-square-foot health-care center in Charlotte. An opening ceremony and ribbon-cutting event were held Friday to mark the occasion. That six-story building is located on a 35-acre parcel at West Tyvola Road and Cascade Pointe Boulevard.
March 24, 2016

New Acquisition

On behalf of Galaxy Atrium, LLC, we are pleased to announce the acquisition of Atrium at Worldgate.
March 16, 2016

D.C. Area Class A Office Changes Hands for $19.6M

The four-story building sits in a dense office area, mere minutes from Dulles International Airport and adjacent to the future Herndon Metro Station. Herndon, VA - The Cambridge Property Group recently announced that it has successfully represented a Galaxy Atrium LLC during the purchase of the Atrium at Worldgate, a 129,368-square-foot Class A office building. The office currently has 31,624 square feet available for lease, which brings the occupancy to 75.5 percent.
March 15, 2016

Galaxy Atrium Acquires $19.6M Office Building in Herndon, VA

A Class A office building located in Herndon, VA, has been acquired by Galaxy Atrium for $19.65 million. The 130,000 sq. ft. building at 205 Van Buren Street is located next to the new Herndon Metro Station. The four-story, newly remodeled building was purchased from AEW Capital Management, which was represented by Cushman & Wakefield. Cambridge Property Group represented the buyer during the transaction.
March 15, 2016

Galaxy Atrium Acquires $19.6M Office Building in Herndon, VA

A Class A office building located in Herndon, VA, has been acquired by Galaxy Atrium for $19.65 million. The 130,000 sq. ft. building at 205 Van Buren Street is located next to the new Herndon Metro Station. The four-story, newly remodeled building was purchased from AEW Capital Management, which was represented by Cushman & Wakefield. Cambridge Property Group represented the buyer during the transaction.

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