SAN JOSE, CA—The Mercury News is putting its 36-acre campus up for sale but will keep its editorial, advertising and business operations in Silicon Valley.
The property will be represented jointly by the Silicon Valley offices of Eastdil Secured and CBRE, according to a report on the newspaper's website. No askiing price has been given.
John Paton, chief executive of Digital First Media, which manages the Mercury News' parent MediaNews Group, said the sale is part of the company's plan to reduce infrastructure costs. The report notes that the move reflects a trend among the nation's metropolitan newspapers.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
