Washington Post Headquarters to Be Sold for $159 Million

By: Nadja Brandt | Bloomberg

Washington Post Co., which is due to change its name to Graham Holdings Co. this week, agreed to sell its headquarters building in downtown Washington to Carr Properties for about $159 million.

The sale of 1150 15th St. NW, scheduled for completion at the end of March, includes land next to the building, Washington Post Co. (WPO) said in a statement yesterday. Closely held Carr is a real estate investment company also based in the city.