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Developer buys Washington Post building for $159M

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Developer buys Washington Post building for $159M

WASHINGTON (AP) — The longtime headquarters building of The Washington Post is being sold to a real estate development company for $159 million.

Graham Holdings Co. is the former parent of The Washington Post newspaper. The company announced a deal Wednesday to sell the downtown Washington building to Carr Properties. The sale is expected to close at the end of March 2014.

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