Boston Globe Media Partners announced the sale of the current headquarters for its Boston Globe newspaper operations, which have been housed for 58 years in Dorchester, Massachusetts. The purchaser of the 16.5-acre property and 815,000-square-foot building has not yet been named under a confidentiality agreement.
The Globe’s editorial and business departments will move to a new office complex less than a mile from the publisher’s founding location on Newspaper Row, where the paper operated from its inception in 1872 until moving to Dorchester in 1958.
In mid-2015, the Globe announced it had purchased a building in a Taunton industrial park for just over US$20 million that would serve as its newspaper printing plant starting in early 2017. The move to a new printing plant was well underway before the sale of its Dorchester sale.
The new 328,000-square-foot printing plant, according to an article in the Globe, will also print the Boston Herald, The New York Times, and other newspapers that hire the new operation to do their production.
An article by Beth Healy in 2015 explains the Globe’s printing operation — including press operators, mailers, and drivers — includes roughly 1,000 people, which accounted for slightly more than half of all of the company’s employees.
New York Times Co. sold the Boston Globe in 2013 to Red Sox owner John W. Henry for US$70 million. Times Co. purchased the Boston Globe in 1993 from the Taylor family for US$1.1 billion.
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