WASHINGTON, DC—Fannie Mae has reportedlyfocused its headquarters search to two sites downtown that wouldreplace its Wisconsin Avenue headquarters, which it plans tosell.

The GSE is considering 555 12th St. NW nearMetro Center that will be vacant when law firm Arnold & Porterrelocates out of the building next fall. The other is a newlyplanned office building by Carr Properties for theproperty where The Washington Post currently operates. The Postplans to move to a Franklin Square building, 1301 K St. NW, in 2016and Carr has been planning to redevelop the newspaper's currentproperty, according to the Washington Post.

Andrew Wilson, a Fannie Mae spokesman, said ina statement concerning the agency's office search, “We have severalgood options in the District of Columbia for our new site. Over thenext several years, we plan to consolidate Fannie Mae's fiveWashington, D.C.-area office locations into a single, leasedoffice. We have not yet made a decision or signed a lease. We arefocused on making responsible real estate decisions to ensure thewise use of resources, the safety and soundness of operations, andflexibility to adapt to changes in our future workplace needs.”