WASHINGTON, DC—The Washington Post has selectedOne Franklin Square for its new heaquarters, the newspaperannounced on Friday. Located at 1301 K Street, NW,the 12-story, 625,644-square-foot building is owned and managed byHines. Other tenants in the building includeDentons, Reed Smith LLP Pricewaterhouse Coopers and Xerox Corp—achange for the WaPo, which has been the sole occupier of itscurrent building at 15th and L street, NW, owned by CarrProperties.

Where the Washington Post would move has been the subject ofrabid speculation in the local real estate community since lastyear.

The paper conducted an extensive search led by JMZell, according to a statement by KatharineWeymouth, publisher and CEO of the paper that ran in its Friday edition. The building it eventually found is"a modern, light-filled building that best meets all of ourobjectives. The space encourages collaboration and efficiency,which will ultimately help us better serve our customers."

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.