NATIONAL PUBLIC RADIO ACQUIRES NEW D.C. HOME

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WASHINGTON, D.C. — National Public Radio recently closed on its acquisition of a 165,000-square-foot warehouse, located at 1111 N. Capitol St. N.E. in Washington, from Washington-based J Street Development for an undisclosed amount. The public radio company will integrate the building’s façade and structure with a new 10-story office tower. The station’s 600 Washington-based employees will move into the new building by 2012. Vernon Knarr, Art Greenberg, Julie Rayfield and David Perlstein of New York City-based Studley represented NPR.

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