The Herald Building exterior in Washington DC.
Washington DC – Marx Realty has purchased The Herald Building in Washington DC in a $41 million transaction. The firm intends to invest an additional $41 million in the property to reposition the space with a hospitality-like aesthetic.
The 114,000-square-foot, Beaux Arts style building, built in 1923, previously hosted the Washington Herald Examiner's offices and printing presses. Marx Realty plans to enhance the property's historic elements and transform the space; intending to blur the lines between commercial office and luxury hotel.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
