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Washington Post HQ being sold to property developers

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Washington Post HQ being sold to property developers

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The longtime headquarters of the Washington Post newspaper are being sold to real estate developers Carr Properties – for a reported price tag of $159 million (116 million euros).

The sale of the building, located a few blocks from the White House, is expected to conclude in March 2014.

The newspaper, which is owned by Amazon.com founder Jeffrey Bezos, will continue to rent space there until new premises are found.