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GMAC Acquires Majority Interest of 1110 Vermont

Groups Share Ownership of 298,200-SF Property; Plans Include Major Renovation
By Daniel Rems
May 27, 2005 | 8:21 P.M.

GMAC Institutional Advisors acquired the majority interest at 1110 Vermont Ave., a 12-story office building located in Washington, DC. The firm's investment fund now owns 1110 Vermont Ave. with Perseus Realty LLC, a privately held real estate equity firm, and Abbott Stillman, the original developer.

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