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Unizo Calls Off Sale of CNN Building in Northeast DC Due to Coronavirus

Canceled Deal Spares Soon-to-be-Acquired Company From an 'Extraordinary Loss'
Unizo cited the coronavirus and subsequent stay-at-home mandate for pulling the CNN Building sale off the table. (CoStar)
Unizo cited the coronavirus and subsequent stay-at-home mandate for pulling the CNN Building sale off the table. (CoStar)
By Bryce Meyers
CoStar News
April 15, 2020 | 10:27 P.M.

Unizo Holdings has called off the sale of the CNN Building in Northeast, Washington, D.C., a deal the company said would have resulted in an "extraordinary loss" for the company, as a result of the coronavirus pandemic and subsequent stay-at-home mandate.

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