LSC Communications gets approval of $32.5 million property sale

By Sarah Lizee

Olympia, Wash., Oct. 20 – LSC Communications, Inc. received court approval to sell property located in Nevada to Avenue 55, LLC, according to an order filed Tuesday with the U.S. Bankruptcy Court for the Southern District of New York.

The property is a manufacturing facility of 447,122 square feet with an additional 133,000 square feet of structural mezzanine located in Reno.

The purchase price is $32.5 million, subject to adjustment.

LSC is a Chicago-based provider of digital print, print-related services and office products. The company filed bankruptcy on April 13, 2020 under Chapter 11 case number 20-10950.

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