ASAE to sell D.C. headquarters
- August 11, 2015 |
- CEO Update
CEO John Graham announces sale at #ASAE15 news conference, but said group will stay another 10 years DETROIT—ASAE is selling its headquarters in downtown Washington, D.C., but will remain in the space it occupies through 2025, CEO John Graham said Monday at his 2015 ASAE Annual Meeting & Exposition press conference. In response to a reporter's question, Graham announced the sale of 1575 Eye St. NW, where ASAE uses about 20 percent of the space but is the majority owner. "Our board and senior staff have decided we don't want to be in the real estate business," he said. "We don't think it's a good idea to use our resources to own the building outright." ASAE controls 57… Read More