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JAN 10, 2014 - Washington Business Journal

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Capstone properties pays $21M for Burlington office building

Capstone Properties, a commercial real estate investment and brokerage firm, has acquired its corporate headquarters at 5 Burlington Woods in Burlington, Mass., for $21.1 million. The real estate firm was leasing about 2,000 square feet of space at the three-story, 102,846-square-foot office building prior to closing the purchase. Capstone bought the property from ELV Associates, a privately held real estate investment firm with offices in Boston. ELV purchased the property at the peak of the market…

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