NAB Sells Headquarters for $31.6M

After five months on the market, the Dupont Circle building sold to an affiliate of Stream Realty Partners for almost $534 per square foot
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After five months on the market, the Dupont Circle building sold to an affiliate of Stream Realty Partners for almost $534 per square foot

WASHINGTON � The National Association of Broadcasters has crossed off another item in the long to-do list that accompanies moving: It sold its longtime D.C. headquarters at 1771 N St. NW after five months on the market.

Washington Business Journal reports that the building sold to an affiliate of Stream Realty Partners for almost $534 per square foot � totaling $31.6 million. The approximately 50-year-old building has 52,000 square feet of available space and is seven-stories tall.

The association broke ground on its new headquarters in June 2016. The new building will be 10 stories tall, featuring a rooftop terrace with a Capitol view and a 100-seat theater.

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