Tribune Media Inks Deal to Sell Tribune Tower to Developer

Posted Wednesday, August 31, 2016 7:47 am

Robert Channick | Chicago Tribune

Los Angeles-based developer CIM Group has agreed to buy Tribune Tower for up to $240 million, marking the end of media ownership for the historic North Michigan Avenue building and the beginning of a new chapter, likely as part of a mixed-use redevelopment.

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Tribune Media Inks Deal to Sell Tribune Tower to Developer

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