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American Bar Association Ready To Sell Their DC Building

The ABA is headquartered in Chicago, but they have a big enough presence in DC that they have outgrown their current building and plan to find a new one. Not only that, they expect to make a steep profit on the sale. They bought this building in the 1990s for around $20M and are asking $65M for it today. Apparently they have had several bidders come in at that price, so it looks like the lawyers will win this real estate round. Photo from Wikipedia

· ABA Puts D.C. Building on the Sales Block [LegalTimes]
· American Bar Association [Official Site]