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May 22, 2019  

DC Offices Pitched as High-Yield Play

Opportunistic investors are getting a crack at a soon-to-be-vacant office building in Washington’s East End.The 84,000-square-foot building, at 1313 L Street NW, currently serves as the headquarters for its owner, the National Association for the Education of Young Children. The non-profit organization has tapped HFF to find a buyer for the property as it prepares to relocate.Market pros estimate that the building could attract bids of $40...

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