RUMOR & SIGH: Inquirer Building Sold To Drexel?


UPDATE: This just in from

Drexel University real estate people are among the potential buyers who have made repeat visits to the Inquirer and Daily News building at 400 North Broad Street and the parking garage and lot behind it on 15th Street in recent weeks.

Agents for Drexel’s Center City medical campus, which includes the dorms, bookstore and classrooms surrounding Hahnemann University Hospital, have also been talking to property owners in the 300 block of North 15th Street, just south of the papers’ back door, according to real estate sources.

No word on whether Drexel would share space with, or displace, the 1,000-plus news, advertising, circulation, finance and online workers now in the space. Philadelphia Media chief executive officer Brian P. Tierney declined comment. A Drexel spokesman and the university’s real estate office did not immediately return calls seeking comment. MORE

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