Lexington Herald-Leader signs contract to sell its downtown building

LEXINGTON, Ky. (WTVQ) – The Lexington Herald-Leader has signed a contract to sell its downtown building on Midland Avenue to the CRM Development Company, according to the newspaper.

According to a statement from Herald-Leader Publisher Rufus M. Friday, the sale is contingent upon several factors, including “the buyer’s due diligence, zoning approval, and other normal regulatory closing terms,” the newspaper reported.

The building was publicly put on the market in June 2016 after the newspaper announced it would no longer be printed in Lexington.