After 48 years in our current location of One Dupont Circle, AACRAO will be transitioning to a new location on August 27, 2018. At the direction of the Board of Directors, AACRAO has purchased two floors of office space at 1108 16th St. NW in Washington, DC. The building is a mixture of condominiums and offices.
By purchasing property space, we will pay the same or less than our current space annually. Additionally, at the end of the 25 year loan period, AACRAO will have an asset valued at more than $25 million (based on current Washington, DC property values and industry projections).
We want to thank all of you for making AACRAO such a strong organization. As we look to our next 100 years of service to the profession, this space will position us for success and continued strength.
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