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WASHINGTON, DC-National Public Radio has sold its 151,785-sf headquarters in the East End to Boston Properties. The sale of 635 Massachusetts Ave. is part of the radio station’s multi-step game plan to redevelop a historic building it acquired earlier this year to serve as its new headquarters.

Purchased from J Street Development in March, the 81-year-old 1111 N. Capitol St. will be converted from its current 174,058-sf flex-industrial use into a 400,000-sf or so office building that preserves some 78,000 sf of the original historic structure, including frontages on North Capitol and Pierce streets. Boston Properties has the mandate to redevelop 1111 N. Capitol St.

According to accounts, 635 Massachusetts Ave. has traded for $119.5 million, or $788 per sf. Boston Properties and NPR did not return calls in time for deadline.

NPR had looked at several neighborhoods, including Silver Spring, MD, while evaluating potential new headquarter locations. The District sweetened the pot for the iconic media outlet to stay in DC by offering a 20-year tax abatement and new streetscape improvements around the nearby New York Avenue Metrorail station. Studley represented NPR in both transactions. Studley’s Art Greenberg, Vernon Knarr, Julie Rayfield, David Perlstein, Parker Lange, Collin Wheeler, Adam Schindler and Angela Cordovez all worked on these deals.

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