Tribune Sells Baltimore Property at $46.5 Million

The Transaction Closed on Dec. 19
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Tribune Media has sold its Baltimore, Maryland property to a qualified buyer for $46.5 million, the company announced today.

The property is at 300 East Cromwell Street, and the net proceeds after costs and taxes are expected at around $30 million. 

With about 60 acres, the property includes the printing facility for the Truibune Publishing-owned Baltimore Sun, which takes up around 23 acres with parking. The remaining 37 acres is undeveloped.

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