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Capital Business
Posted at 09:07 AM ET, 02/01/2013

Katharine Weymouth’s statement on possible Washington Post relocation

The Washington Post said this morning it was considering relocating its headquarters.

Here is the text of Publisher Katharine Weymouth’s e-mail to employees about the company’s possible relocation:

SUBJECT LINE: Announcement about our headquarters

I wanted to let everyone know that we are actively exploring relocating our headquarters.

This building has given us so much and has watched history unfold. It is hard to imagine moving after so many years. And yet, once we removed the presses from this building over ten years ago, we were no longer tied to this particular location. We understand that this is a big undertaking and a change for all of us. We take all of this seriously.

Our goal is to give us a more modern, bright, open and efficient building that better supports and advances our mission into the future. Our preliminary analysis suggests that a move will make good operational and economic sense, however we have not yet decided on where or when.

We wanted to let you know what we are thinking at this early stage.

We have begun to assemble a small and talented team of real estate and design professionals. We have selected Studley, Inc. and JM Zell Partners, Ltd as our real estate advisors. We are also in the process of interviewing space planners and architects.

Our next step is to work with them to engage the market for our current headquarters, identify sites where we could relocate, design our new space, and develop a realistic timeline for a move.

In the coming months, you may see people poking around the office from time to time and may be asked to participate in a survey or a short interview with one of our space planners.

We will keep you updated as this process moves along.

Katharine

Full story: Washington Post considers relocating headquarters

Follow Jonathan O’Connell on Twitter: @oconnellpostbiz

By  |  09:07 AM ET, 02/01/2013

Tags:  Washington Post, media, commercial real estate

 
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