Wednesday, November 17, 2010

Columbia College Buys Johnson Publishing Building on Michigan

Johnson Publishing Company has announced that they've sold their building headquarters at 820 S. Michigan Ave. to Columbia College Chicago. The publishing company's most famous publications include Jet and Ebony magazines.

Johnson Publishing has been at 820 S. Michigan Ave. since 1972
Although the exact cost of the sale has not been revealed, it is estimated to be in the neighborhood of $8 million. Johnson Publishing plans on leasing the building for 18 months before moving elsewhere. Like many publishers, Johnson has gone through a period of downsizing and restructuring.

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