CASSIDY TURLEY ARRANGES $167.5M SALE OF NATIONAL PRESS BUILDING

WASHINGTON, D.C. — Cassidy Turley has arranged the $167.5 million sale of the 420,000-square-foot National Press Building in Washington, D.C. Bill Collins, Paul Collins, Drew Flood, Jud Ryan and James Cassidy of Cassidy Turley’s Washington, D.C. office represented the seller, Press Building, LLC. Affiliates of AEW Capital Management and Quadrangle Development Corp. acquired the property. The buyers will manage and lease it.