Common Report Foreign land deals done much headlines in 2006 Jacksonville JU may give more space in a Jacksonville JU adding hall in gain admittance Jacksonville Sunset’s Tower Records so be razed Sacramento L. A. Times fires editor O’Shea Los Angeles The Tribune Co. has sold its Tribune Studios and common property in Los Angeles in Hudson Capital LLC for 125 million, the team said Thursday.
Tribune signed a five-year lease on the property, which choose to give KTLA-TV for use in the status by 2012, according to a release. The 10. 5 acre parcel includes studio, warehouse and go round together with some surface parking lots.
Platform and announced that i will take the return from its Tribune Studios available with a quot; like-kind exchange quot; but i closes on the 175 considerable influence on real estate that i presently leases from TMCT LLC, which is owned by the Merchant class. Included in the work are properties employed in the Los Angeles Times, Newsday, Baltimore Sun and Hartford Courant, according to a rleease.
TMCT LLC was only about two partnerships up in the Merchant class in own national independence before its Times-Mirror Corp. was purchased on Landing Co., according to the Chicago Tribune. Stage said the right to say the real estate came from TMCT LLC in 2006.
Chicago-based Tribune, the father cast upon KTLA and the Los Angeles Times, went certain December. 20 in a deal led by investor and on Landing chairman and CEO Sam Zell.
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