The Boston Globe is looking to sell its Morrissey Boulevard headquarters.
After John Henry purchased the newspaper and its affiliated properties last October, many suspected this move would come eventually. A company-wide memo from Globe CEO Mike Sheehan said the company will retain Colliers International to assist with assigning a value to the property and finding potential buyers.
As for the future home of the paper, Sheehan said any move would be to a location that reflects “the direction our business is headed.” The Boston Business Journal reported that Sheehan said a relocation is likely “three to five years” away. He also told BBJ the new headquarters would most likely be closer to downtown Boston.