Star-Telegram puts building for sale

The Star-Telegram’s downtown office building will be put on sale as the newspaper looks for more ways to cut costs. The decision was made after the S-T sold its four-story annex building, an adjacent parking lot and two other downtown parking lots on Friday to the Fort Worth Club. Apparently, they will be using the property for parking.

Gary Wortel, the newspaper’s publisher, said that when the annex building was put up for sale, he got inquiries about the main building. So now, that too will be put on the market. He says the historic building, built in 1920, is “bigger than we need” and may be too old to keep up with changing industry technologies. If the property is sold, the newspaper would keep a downtown office for reporters and sales representatives and most employees would move to a new location.