Thursday, June 2, 2011

Inquirer office building back on the market

"Philadelphia Media Network Inc., owner of those two dailies and the online portal, has plan to sell the 526,000-square-foot building at 400 N. Broad St. as well as the five-level, 502-space parking garage at 15th & Callowhill streets and adjacent 200-space surface lot.

The building was last put on the market in August 2007 by then-CEO Brian Tierney. The real estate market was at its frothiest, but quickly cooled as the nation dropped into recession that December."

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