"To achieve full occupancy in the Alewife market is a testamentto the quality of the building and our leasing, management andownership team," says Albert J. Corr, vice president of BerwindProperty Group, which owns the building. Corr worked with DavidTownsend of Cushman & Wakefield on the deal. Mark Winters, alsoof Cushman & Wakefield, represented Cambridge Systematics.

The 135,572 sf first-class building, located in the Alewifesubmarket of the city, was 40% occupied in early 2003. The area hadan overall vacancy rate for third quarter 2004 of 17.5%. Leaserates for this deal were not available, but the average asking rentfor office space in the area is about $27 per sf.

The building, which is adjacent to the MBTA Red Line Station,was constructed in 1990 and is the newest first-class building inthis submarket. Among the current tenants in 100 CambridgePark areDeltek Systems, Cambridge Savings Bank, and Boston University.

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