
The former Herald Time Reporter building in downtown Manitowoc now has a new owner.
Dan Macrae purchased the 27,510 square foot building during an auction back in June for $315,000.
Macrae is a property owner out of Spokane Washington, who said the building will remain standing, however, there will be some remodeling.
3,000 square feet will be leased to Gannett, who is the parent company of the local newspaper, and the rest will be leased out.
The structure was built in 1918 and has seen three significant expansions.
The last time a paper was printed in Manitowoc was in 1999 when printing operations were moved to Appleton.