The Bellingham Herald Building, an eight-story structure built in 1926, has been sold to a company headed by Bellingham developer Bob Hall.
McClatchy Co., parent company of The Bellingham Herald, sold the building to Hall and David Johnston for $2.35 million in a transaction that closed Tuesday, June 2. The Herald now has a five-year lease to continue occupying the basement, main floor and second floor.
The property sale includes three parking lots with approximately 100 parking spaces near the building. Hall, the majority owner, said they were a key component of the sale because available parking is so scarce in downtown Bellingham. The building also offers excellent views of Bellingham’s waterfront and has 37 tenants.
Hall said he will reglaze the terra-cotta façade and renovate the interior of the 80,000-square-foot building over the next five to six years as vacancies occur. Hall has renovated other historic buildings that he’s acquired and he now owns approximately 500,000 square feet of buildings in downtown Bellingham, including the Windsor, Daylight, Bellingham Hardware and Holly Commercial buildings.
“It’s a perfect project for Daylight Properties,” said Hall, referring to the property management company he owns. Daylight Properties is keeping the Bellingham Herald Building name and will move there later this year, he added.
For more information about Daylight Properties and leasing space in the Bellingham Herald Building, call (360) 734-6600 or visit www.daylightproperties.net.