The three buildings bought by PWA Properties, a partnership of Bill Pollard, Tim Wheeler and Byron Alvarez, total about 22,000 square feet. The entire property, including parking lots, is 26,553 square feet.
Alvarez, who owns Altera Real Estate, said the Tracy Press newspaper will maintain its home at 131 W. 10th St.
“We definitely want the Tracy Press to remain as one of the tenants in the building,” Alvarez said following the announcement.
Will Fleet, co-owner and publisher of the Tracy Press, who bought the newspaper and property in November 2012, welcomed the sale.
“We are very pleased that the building was purchased by local people who have a stake in the community and care about what happens in downtown Tracy,” Fleet said. “We look forward to working with them as our new landlords.”
PWA Properties, a member of the Tracy City Center Association, plans to turn the Tracy Press buildings into restaurant, office and retail space. Business owners interested in leasing the space can email Alvarez at email@example.com.
• Contact the Tracy Press at 835-3030 or firstname.lastname@example.org.