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

March 18, 2004

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.

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.

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HEADQUARTERS                   TYSONS CORNER 
8391 Old Courthouse Road
Suite 210
Vienna, VA 22182
Phone: 703.709.8866
Fax: 703.709.0638

GREENBELT
7474 Greenway Center Drive
Suite 140
Greenbelt, MD 20770
Phone: 301.982.3112
Fax: 301.982.5408

WASHINGTON DC
2001 L Street, NW
Suite 850
Washington, DC 20036
Phone: 703.709.8866

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123 N. Pitt Street
Suite 575
Alexandria, VA 22314
Phone: 703.836.3703