The Erie Times-News is selling its building at West 12th
and Sassafras streets, the paper reported. The
paper will stay a tenant in the 88,623-square-foot facility under a deal with Erie business
Logistics Plus.
Logistics Plus, whose headquarters is near the
building, has a deal to purchase the Times-News building and will use part of
it as warehouse space.
The Times-News’ offices will stay in the
facility, along with another tenant, MCPc, a data-protection company. Both will
have long-term leases.
The price was $2 million and the sale is set
to close later in May, said Logistics Plus founder and CEO Jim Berlin,
according to the paper.
Gannett owns the paper.
News and Tech
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