Tuesday, June 26, 2012

Postmedia sells Don Mills HQ for $24 million

Postmedia Network  said today it has agreed to sell its Toronto head office for $24-million, money it will use to pay down its debt. The property at 1450 Don Mills Rd. is home to Postmedia corporate headquarters and the National Post. The sale to property developer Rose and Thistle Group Ltd. is conditional on Postmedia leasing another property within 30 days.

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