A.H. Belo’s Press-Enterprise sells building to Riverside (CA) County for $30 million


A.H. Belo CEO Robert W. Decherd says “the significant proceeds from the Riverside office building sale will provide additional opportunities in 2013 for increasing shareholder returns and diversifying our revenue streams.” The building was meant for about 700 people, but now holds less than half that number, says publisher Ronald Redfern.

* Press-Enterprise building to be sold to county for $30 million (pe.com)
* From 2007: Press-Enterprise building is named after paper’s former owner (pe.com)