LexisNexis Building Sold

LexisNexis has sold their downtown Charlottesville building, the Daily Progress reports. A holding company bought the property for $9.3M. Lexis built the structure 22 years ago to replace their facility on Market Street (rechristened the Old Michie Building by Gabe Silverman). Lexis has slowly laid off hundreds of employees over the course of years, and they’re now down to just 175 people. They’re leasing back space in the building from the new owner, and claim that they have no plans to shut down the Charlottesville office.

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