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Grahams to Sell Washington Post Building for $159 Million
The new owners get the keys in March.
In the latest chapter of the Bezos-ification of the Washington Post, the newspaper will get a new landlord next March, when the development company Carr Properties acquires its headquarters in downtown DC.
Graham Holdings Company—formerly known as The Washington Post Company—announced in a press release that Carr will pay $159 million for the three buildings at 15th and L streets, Northwest, that comprise the newspaper’s home. The Post will continue to rent its newsroom from the new owners while it continues its search for a new headquarters.
Carr Properties did not respond to phone calls Thursday afternoon. The DC government assesses the three buildings at about $80 million. The Post sold in August to Amazon founder Jeff Bezos for $250 million.