Tribune Media Company : Franchise Herald

Tribune Media Company

Tribune Media Company

Tribune Real Estate Explores Strategic Monetization Alternative for Tribune Tower, Likely to Get High Interest

Tribune Real Estate Holdings, LLC., a wholly-owned subsidiary of Tribune Media Company, is looking to sell the Tribune Tower and its adjacent land, according to a press release issued by Tribune Media. The Tribune Tower is a 36-story building that sits on three acres and has 305 feet of frontage on North Michigan Avenue, the premiere street for shopping and entertainment in Chicago. Developers have told the Chicago Tribune that interests in acquiring the prominent tower will likely be as high as the potential sale price.

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