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Sumitomo Real Estate Sales.


Sumitomo Real Estate Sales (N.Y.) has arranged the sale of 1750 K St., N.W., a prime office building in Washington, D.C., for $32.5 million to GIBG 1750 LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a joint venture of IBG IBG Informatie Beheer Groep (Netherlands)
IBG Institute of British Geographers
IBG International Biometric Group
IBG Interbank GIRO (General Interbank Recurring Order)
IBG Inter-Block Gap
IBG Interblock Gap
 Partners, LLC of Washington and a real estate fund managed by Greenfield Partners of Westport, Conn.

The building was sold by La Solana La Solana is a municipality in Ciudad Real, Castile-La Mancha, Spain. It has a population of 15,340.  D.C., Inc., an affiliated company of Sumitomo Real Estate Sales (N.Y.), which was represented by Sumitomo's Steven M. McCoy, senior advisor In some countries, a Senior Advisor is an appointed position by the Head of State to advise on the highest levels of national and government policy. Sometimes a junior position to this is called a National Policy Advisor. , and Hiroshi Nagata, managing director. The purchaser was represented by Nicholas J. Principe, a managing director of IBG.

First mortgage financing was provided to the buyer by Greenwich Capital Financial Products.
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Title Annotation:property sale
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 6, 2000
Words:114
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