Fannie Mae-No Politics (FNMA)

[cooler_heads]

Fannie Mae changes its mind on HQ location

http://www.bizjournals.com/washington/morning_call/2015/01/fannie-mae-changes-its-mind-on-hq-location.html

Sometimes, you just change your mind.
Just a few weeks ago, Fannie Mae seemed ready to consolidate its headquarters at 555 12th St. NW, office space that will be vacated by the law firm of Arnold & Porter.
But now, The Washington Post says two sources familiar with the deal indicate Fannie is negotiating with Carr Properties to make the move to a new building that will replace the current Post headquarters at 15th and L Streets Northwest. The Washington Post is moving to K Street NW in 2016.
Sources tell the Post that Oliver Carr came back into the mix after the last report. Carr and the owners of 555 12th St. NW declined to comment or didn't return calls for comment.
Fannie Mae, a public-private backer of mortgages, announced in August it would sell its longtime headquarters at 3900 Wisconsin Ave. NW and two other buildings and consolidate those offices and other leased space into a new headquarters downtown.
Fannie Mae says it has not yet signed a lease, but issued a statement saying it's nearing the end of its search:
"As we continue this process, we remain focused on making responsible real estate decisions that will use resources wisely, ensure the safety and soundness of Fannie Mae's operations, and give us the flexibility to adapt to changes in our future workplace needs."