January 28, 2019 Comments Off on John Hopkins University Buying D.C.’s Newseum Building for $373M Views: 2490 National News, Top National

John Hopkins University Buying D.C.’s Newseum Building for $373M

The Freedom Forum is selling the 250,000-square-foot building in Washington, D.C. that houses the Newseum to John Hopkins University for $372.5 million. The academic institution will use the property at 555 Pennsylvania Ave. as a new consolidated center for its D.C.-based graduate programs. Built in 2008, the facility will remain open to the public through 2019.

The decision to sell the seven-level asset that’s facing unsustainable operating costs followed a 16-month review. The Freedom Forum, the facility’s creator and primary funder, determined a sale was the best option to enable it and its affiliates to continue their First Amendment-based mission.

Freedom Forum’s Jan Neuharth says, “We remain committed to continuing our programs – in a financially sustainable way – to champion the five freedoms of the First Amendment and to increase public awareness about the importance of a free and fair press. With today’s announcement, we can begin to explore all options to find a new home in the Washington, D.C. area.”

Connect With Freedom Forum’s Neuharth

Connect With Newseum


Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser

Photo Credit: Sam Kittner/Newseum

Tags: ,

Comments are closed.

Send this to a friend