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Archstone-Smith Picks Up 312-Unit Multifamily for $103.25M

Cornerstone Sells Cambridge, MA Apartment Complex
By Sean Glenn
August 15, 2007 | 3:54 P.M.

An entity of Archstone-Smith Operating Trust acquired CambridgePark Place at 30 Cambridgepark Drive in Cambridge, MA, from an entity of Cornerstone Real Estate Advisors Inc. for $103.25 million, or approximately $330,929 per unit.

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