Watergate scandal building sold
The Watergate office building in Washington that was the site of the infamous burglary in 1972 of the US Democratic National Committee office has been sold.
BentleyForbes, a Los Angeles real estate company, announced it paid $86.5m (€72m) to Trizec Properties of Chicago for the 11-storey Watergate office building and 61,000 square feet of nearby retail space, The Washington Post reported in today’s editions.
The office tower is part of six-building Watergate complex constructed in 1960s and 1970s along the Potomac River and near the Kennedy Centre.
The burglary at the Watergate set off the scandal that brought down President Nixon two years later after a lengthy investigation that led to congressional hearings, prosecution of Nixon aides and eventually Nixon’s resignation in August 1974.
