WPRI: Projo trying to sell Providence HQ for $10M, move to top floors

In Buildings, Downcity by Jef NickersonLeave a Comment

The Providence Journal is exploring a $10 million sale-leaseback deal for its historic headquarters on Fountain Street, executives disclosed last week.

Dallas-based parent company A.H. Belo has valued The Journal’s “non-core” real estate holdings in Providence at $18.85 million, executives said last Thursday in a presentation at its annual investor day.

The Journal’s parent company has been trying to sell the paper’s real estate holdings since at least 2008.

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Jef Nickerson

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Jef is Greater City Providence's co-founder, editor, and publisher. He grew up on Cape Cod and lived in Boston; Portland, Maine; and New York before settling in Providence. In addition to urbanism, Jef is interested in art, design, and ice cream. Please feel free to contact Jef if you have any question or comments about Greater City Providence.

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