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Intercontinental Real Estate acquires Cambridge office complex for $304m

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Boston-based Intercontinental Real Estate Corp. has acquired a three-building office complex at Canal Park in Cambridge for $304 million.

Intercontinental on Monday bought the 426,000-square-foot complex overlooking the Charles River through the firms United States Real Estate Investment Fund, a $5.6 billion fund that invests in a range of commercial properties across the country. Beacon Capital was the seller.

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