Processing Your Payment

Please do not leave this page until complete. This can take a few moments.

May 19, 2021 Deal Watch Today

Former Hartford Courant distribution warehouse sells for $2.1M

CoStar 121 Wawarme Ave., Hartford.
By Greg Bordonaro

The Hartford Courant’s former distribution and insertion warehouse on Wawarme Avenue has sold for $2.1 million, city records show. 

The 154,982-square-foot property at 121 Wawarme Ave. was sold in April by Tribune Real Estate Holdings, which is the former subsidiary of Tribune Media, now owned by media company Nexstar.

The buyer was New Milford-based HMC Real Estate Partners, which invests in industrial properties in the Northeast, according to its website. 

The Hartford Courant formerly used the property as a distribution center, but it was leased space. 

Tribune Media was separate from Tribune Publishing, which is the Courant’s current owner that oversees a number of daily newspapers around the country, including the Chicago Tribune and Baltimore Sun. 

Tribune Publishing shareholders are scheduled to vote Friday on a controversial sale of the company to Alden Global Capital, which is known for its aggressive cost cutting of newspapers.   

Meantime, in March, the Hartford Courant’s former Broad Street headquarters went up for sale after its parent company announced the newspaper’s employees would permanently work remotely moving forward. 

 

Sign up for Enews

Most Recent

Most Recent

0 Comments

Order a PDF