The Star-Telegram has closed a deal
selling its printing plant facilities off Hemphill Street and Interstate
20 in Edgecliff Village to a company owned by Bruce Conti, president of
Conti Warehouses in Fort Worth.
Conti-Edgecliff-Sias bought the nearly 270,000-square-foot building and 38 acres where the Star-Telegram had been printed since 1986.
The paper is now printed at The Dallas Morning News’ facility in Plano, which also prints The New York Times, The Wall Street Journal and USA Today.
Terms of the deal are not being disclosed.
Employees
who worked at the printing plant have moved to the newspaper’s downtown
offices at 808 Throckmorton St., where it leases more than 75,000
square feet.
Conti is known for buying large warehouse buildings
and repositioning them in the market. Last year, he and J. Searcy bought
the 353,643-square-foot Walls Industries building at 301 Risinger Road.
He
also owns a former grocery warehouse at Loop 820 and I-20, the Village
Creek Business Park in southeast Fort Worth, the former Target store on
Cherry Lane in White Settlement, the former Ranch Style Beans plant
downtown, the former Levitz Furniture building on Camp Bowie Boulevard
and the former Sam’s Club warehouse on Baker Boulevard in Richland
Hills.
Todd Burnette and Matt Montague of Jones Lang LaSalle represented the Star-Telegram in the lease. Jamie Galati, also of JLL, represented the landlord, RYLB FW Properties.
Ref: Star Telegram
Conti Warehouses is a Fort Worth Commercial Real Estate company providing the highest quality of service to tenants and investors for over 20 years.
