January 28, 2014
CHARLOTTESVILLE, Va. (AP) - LexisNexis has sold its office building in Charlottesville for more than $9 million.
LexisNexis tells The Daily Progress that it plans to maintain operations in the Charlottesville area. Under the sale agreement, the information service company will lease a portion of the building from the new owner, 701 East Water Street LLC.
City records show LexisNexis' parent company, Reed Elsevier Inc., sold the building for $9.3 million.
The four-story, 85,000-square-foot building was constructed in 1992.
LexisNexis says it continuously reviews its operations and other factors, needs and other factors.
The company employs about 175 workers and contractors at the Charlottesville site.
The comments sections of Newsplex.com are designed for thoughtful, intelligent conversation and debate. We want to hear from our viewers, but we only ask that you use your best judgment. E-mail is required, but will not be displayed with comment.
As a host Newsplex.com welcomes a wide spectrum of opinions. However this is a site that we host. We have a responsibility to all our readers to try to keep our comment section fair and decent. For that reason The Newsplex reserves the right to not post or to remove any comment.
If you have any ideas to improve the conversation or this section let us know. Send an e-mail to email@example.com.
powered by Disqus