HARRISONBURG — The James Madison University Real Estate Foundation announced Thursday morning that it has purchased the building that houses WVPT, Harrisonburg’s public television outlet. The purchase is for $2.35 million, according to a station news release.
WVPT, which operates at the entrance to JMU’s campus on Port Republic Road, plans to move to a new location in Harrisonburg. The station has actually leased the land on which the building sits from JMU for more than four decades.
The sale of the building and transfer of land back to JMU are expected to be finished by February, the release said. WVPT’s new location was not immediately known Thursday morning.
“WVPT approached James Madison University and the JMU Real Estate Foundation regarding their interest in purchasing the facility, and we were very pleased with their positive response. We quickly determined that relocating
WVPT could be advantageous for both parties,“ WVPT Chairman Neal Menefee said in the release.
“While JMU has been a very gracious and generous landlord since WVPT went on the air in 1968, the move will allow the station to conduct business at a location that is more suitably sized for our current and future operations and provide the JMU Real Estate Foundation with a building located at a primary campus entrance on Port Republic Road.”
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