Sale of Kennebec Journal building falls through

The Associated Press
Posted Feb. 03, 2011, at 3:11 p.m.

AUGUSTA, Maine — The Kennebec Journal says the sale of its newspaper building in Augusta to a counseling agency has fallen through.

The newspaper and Crisis & Counseling had signed a purchase-and-sale agreement last November and expected to complete the deal by the end of January. The newspaper reported Thursday that the mental-health and substance-abuse agency since has determined it can’t afford to make the upgrades it needs at the 53,000-square-foot newspaper building.

The Kennebec Journal is selling the property it has occupied since 1961 and moving to smaller offices. Newspaper officials say they’ll put the building back on the market.

Crisis & Counseling has been looking for a new home for more than a year. It is leaving its current offices to make way for an expansion of the Kennebec County courts.

http://bangordailynews.com/2011/02/03/news/sale-of-kennebec-journal-building-falls-through/ printed on November 24, 2014