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Boston Properties selling stake in Times Square Tower

United States / New York : Crain's New York Business

Real estate investment trust Boston Properties is selling its minority stake in Times Square Tower in New York to Norges Bank for $684 million. The 1.2 million-square-foot office tower includes retail space and is 99% leased. Boston...

Tribune Media is looking to sell assets in bid to boost stock price

Business & Finance : Money & Co

Tribune Media, which last year put the historic Times Mirror Square up for sale, may be looking to divest a lot more than its real estate holdings. The Chicago-based television and entertainment company announced Monday that it has ...

Tribune Media Could Collect $240M In Deal To Sell Chicago’s Tribune Tower

Industries / Entertainment Industry : Deadline Hollywood

One of Chicago’s most distinctive landmarks, the Tribune Tower built in 1925, is about to change hands. Tribune Media has accepted an offer potentially worth $240 million from Los Angeles-based CIM Group which is expected to use the...

Chicago’s Tribune Tower Is Up For Sale

Business & Finance : Business Pundit

Tribune Media announced Thursday that it was putting Chicago’s landmark Tribune Tower, home of its namesake newspaper, up for sale. The 36-year-old, 737,000 square foot building was completed in 1925 and named a landmark in 1989. Tr...

Tribune Media Sells Landmark Tribune Tower in Chicago for Millions to L.A.-Based Firm

Media / Television Industry : TVWeek

A Los Angeles-based company has agreed to buy the Tribune Tower in Chicago from Tribune Media. The Chicago Tribune reports that developer CIM Group will pay up to $240 million for the landmark building. The sale marks “the end of...

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