McClatchy Co. Sells 'Bellingham Herald' Building

By: The McClatchy Co., owner of The Bellingham Herald, has sold the Herald Building to two local investors for $2.35 million.

The newspaper reports that the six-story building was purchased Tuesday by Herald Building LLC, operated by developers Bob Hall and David Johnston.

Hall says the Herald neon sign atop the building will remain.

Herald President and Publisher Glen Nardi says there will be no noticeable changes for the employees of The Bellingham Herald.

The company has signed a five-year lease with the new owners, and employees will continue to occupy the first and second floors of the building. In addition, the company will lease 5,000 square feet of basement space for its distribution center. Later this summer, The Bellingham Herald will start having its newspaper printed in Mount Vernon, at the Skagit Valley Herald's new printing facility.