McClatchy sells newspaper building

Posted by Emily Dilling on June 3, 2009 at 1:06 AM

The Bellingham Herald's parent company, McClatchy Co., has sold the Washington newspaper's building for US$2.35 million, the Herald reported.

The sale was finalised Tuesday, when two Bellingham investors from Herald Building LLC purchased the six-story building. Bob Hall, one of the directors of the company, said the neon Herald logo on top of the building will stay put.

Glen Nardi, publisher and president of the Herald, said the paper's employees will see no "noticeable changes," as the paper has signed a five-year lease with the new owners and will keep its regular offices located on the first and second floors of the building.

Plans to move the newspaper's printing operations to a plant in the nearby town of Mount Vernon will take effect in late summer.