The former St. Augustine Record building at 1 News Place in St. Augustine sold April 24 for $8 million.
The University of St. Augustine for Health Sciences, through 1 News Place LLC, sold the building. The property is at Florida 207 and 312.
ESJ Capital Partners, a real estate investment firm from Aventura, bought it through ESJ 1 News Place LLC.
Vivian Sanchez, the university’s chancellor and CEO, signed the deed.
The building was constructed in 2001 on 14.54 acres. It is 34,400 square feet.
Besides being home to the St. Augustine newspaper, it provided office space and was a distribution center for the U.S. Postal Service, according to St. Augustine Record archives.
The building was constructed by Morris Communications when it owned the St. Augustine newspaper. Morris also owned The Florida Times-Union in Jacksonville.
Morris sold its newspapers to GateHouse Media, Inc in 2017. In 2019, GateHouse’s parent company, New Media Investment Group, merged with Gannett Co. Inc., which now owns both publications.
In October 2020 Morris Communications through MPG St. Augustine Property LLC sold the property to The University of St. Augustine for Health Sciences for $7.535 million.
In 2022, Morris sold the Times-Union property in Downtown Jacksonville for redevelopment.