JOHNSON CITY, N.Y. — The former Gannett newspaper-printing plant in Johnson City was recently sold to the Binghamton University Foundation for $4.5 million. The 97,000-square-foot-building, situated on 10 acres at 10 Gannett Drive, was purchased by the foundation, the fundraising arm of the university. Rick Searles and Peter Finn of the real-estate firm, CBRE, exclusively […]
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JOHNSON CITY, N.Y. — The former Gannett newspaper-printing plant in Johnson City was recently sold to the Binghamton University Foundation for $4.5 million.
The 97,000-square-foot-building, situated on 10 acres at 10 Gannett Drive, was purchased by the foundation, the fundraising arm of the university. Rick Searles and Peter Finn of the real-estate firm, CBRE, exclusively represented Gannett Satellite Information Network, LLC in the transaction.
Binghamton University plans to use the structure as a library annex.
The building was constructed in 2006 and served as Gannett’s Central New York production facility until mid-2018, when the company shifted printing to Rochester. The structure has been vacant since then.