Monday, September 09, 2019

Journal-Gazette Building being sold


The Journal-Gazette Building, at 701 S. Clinton St. in Fort Wayne, Indiana, is being sold, the Greater Fort Wayne Business Weekly reports. The business weekly cites Sturgis Property, who is working on the sale, the business weekly says. The 20,479-square-foot facility had been listed for $925,000, according to the business weekly.
The building is on the National Register of Historic Places.
“There is a purchase agreement that has been accepted on that building, but there is a time period of due diligence and inspection that needs to happen before closing. That is all I can share at this time,” John Caffray, vice president of brokerage, said in an email to the business weekly.
The structure was built in 1928. These days the Journal Gazette operates out of the Fort Wayne Newspapers building, at 600 W. Main St., along with its afternoon competitor, The News-Sentinel. The print version of The News-Sentinel stopped in 2017. The Journal Gazette features a News-Sentinel print page six days a week in its editions.
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