Freedom Communications, owner of the Orange County Register, is putting the newspaper’s longtime five-story, 175,000-square-foot and nearly 16 acres of land in Santa Ana off the I-5 Freeway on Grand Avenue and adjacent property on the market, according to the O.C. Register.
Aaron Kushner, Freedom chief executive and publisher, said in a year-end letter to the staff said if the company does not lease back the existing space, the newspaper will move to another Santa Ana location.
Real estate experts estimate that the Register building alone could sell for $20 million to $25 million. Continue reading