Calls to the Archon Group were not returned by press deadline,and brokers at Jones Lang LaSalle were unavailable for comment.JLL, whose predecessor developed the assets, is marketing thebuildings on behalf of New York City-based J.P. Morgan InvestmentCo., which acquired them in 2001 for $97 million.

Despite the official silence, Archon is said to have emergedvictorious over several well-heeled competitors for 125 and 150CambridgePark Dr. "I know it's them," one Boston investmentspecialist tells GlobeSt.com. Another says an "extremely reliable"player close to the negotiations had relayed as much. Otherindustry professionals concur that Archon made a hard charge at thebuildings after they hit the sales block, part of an overallstrategy to invest in Massachusetts even as the firm harvestscertain portions of its portfolio. Just last month, the Texas-basedinvestor sold off four properties in Boston's Fort Point Channelarea in two separate transactions totaling more than $90million.

In the marketing brochure for the Cambridge assets, 125 and 150CambridgePark Dr. are referred to as a "core-plus opportunity,"with benefits including proximity next to the hulking Alewifegarage and mass transit center, from which begins the regional RedLine subway line. The road network is at the junction of Routes 2and 16, two key regional thoroughfares. A luxury residentialproperty was added on CambridgePark Drive earlier this decade, andthe office buildings are close to retail and restaurantoptions.