SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) December 29, 1998
COMMERCIAL PROPERTIES 4, L.P.
(Exact name of registrant as specified in its charter)
Virginia 0-14342 11-2711361
State or other jurisdiction Commission IRS Employer
of incorporation File Number Identification No.
3 World Financial Center, 29th Floor
New York, NY Attn.: Andre Anderson 10285
Address of principal executive offices Zip Code
Registrant's telephone number, including area code (212) 526-3183
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COMMERCIAL PROPERTIES 4, L.P.
Item 2. Disposition of Assets
On December 29, 1998, Commercial Properties 4, L.P., a Virginia limited
partnership (the "Partnership"), sold the Partnership's remaining property,
Crosswest Office Center (the "Property"). The Property was sold to an
unaffiliated partnership, Crosswest Associates, L.P. (the "Buyer"), for a
selling price of approximately $12,057,718, net of existing mortgage debt and
closing adjustments. The selling price was determined by arm's length
negotiations between the Partnership and the Buyer.
As a result of the sale, the General Partners intend to distribute the net
proceeds therefrom, together with the Partnership's remaining cash reserves
(after payment of or provision for the Partnership's liabilities and expenses,
and establishment of a reserve for contingencies, if any) and dissolve the
Partnership in accordance with the Partnership Agreement.
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COMMERCIAL PROPERTIES 4, L.P.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
COMMERCIAL PROPERTIES 4, L.P.
BY: CP4 REAL ESTATE SERVICES INC.
A General Partner
Date: January 13, 1999 BY: /s/Michael T. Marron
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Michael T. Marron
President
Date: January 13, 1999 BY: /s/Timothy E. Needham
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Timothy E. Needham
Vice President and
Chief Financial Officer
