U-T leasing offices

Three floors of the San Diego Union-Tribune's HQ's building in Mission Valley are for rent, according to voiceofsandiego (via Romenesko). The newspaper's staff is expected to consolidate into the remaining two floors. Looks like another cost-cutting move by the paper's new owner, Bev Hills-based Platinum Equity. The building has 166,000 square feet of rentable space, what with the staff shrinking 40 percent in the last three years.

Five years ago, an employee arriving late to work would have a hard time finding a space in the company's parking lot. Now its plethora of parking is a selling point to lure potential tenants to the property. If the newspaper rents out the building's fourth and fifth floors, it will give up some of its most precious space. The spacious suite once used by David Copley, the paper's former publisher, is on the fifth floor, along with the company lunchroom and a large patio.