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.
Finard Coventry Hotel Management said late Wednesday that it closed on its $16-million purchase of the historic Providence Biltmore, the landmark 292-room hotel downtown. A $10 million renovation is planned. Share:Click...
Providence Business News reports on the properties that ProJo parent Belo is selling in the capital city. Through the magic of Google Street View, let’s take a little tour of the properties up for sale. View...
Ian reports that the Providence Journal’s parent company, A.H. Belo Corporation of Dallas is accepting proposals to buy the newspapers real estate assets, including the Fountain Street headquarters. The four...
Jef Nickerson
Greater City Providence
Add comment