Dispatched

Metro considers sale of Headquarters building following full valuation review | News Release | WMATA

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Metro GM/CEO Paul J. Wiedefeld announced that a valuation analysis of the Jackson Graham Building, Metro’s downtown D.C. Headquarters, has been done.  The findings are that the building is valued between $56 million and $132, depending on what density a rezone of the property would allow.

Proceeding with the General Manager’s Customer Accountability Report (CARe) initiative to review the upside of selling the Jackson Graham Building, Wiedefeld enlisted a commercial real estate advisory firm, Jones Lang LaSalle, to conduct a valuation of the 48,041 square foot property.

For more information, please view the news release: https://beta.wmata.com/about/news/headquarters_sale_8-02-16.cfm

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