Will Zell sell Tribune Tower, LAT bldg? *

With profits and revenue falling, newspaper companies are increasingly looking to real estate to shore up their finances. WSJ:

Eyes are also on real-estate swashbuckler Sam Zell, who is in the process of buying the Tribune Co. Some in the real estate industry believe he could sell its properties, including the 1925 neo-Gothic Tribune Tower on Chicago's North Michigan Avenue and the Los Angeles Times building, which is not far from the Walt Disney Concert Hall and other downtown landmarks.

*Update: WSJ includes the $45M sale of four downtown blocks owned by the Minneapolos Star Tribune (Avista Partners)to the Minnesota Vikings. Nope. The deal fell through. (end of post)