An artist's rendering of the new BJ's Wholesale Club in Quincy.Stop The Presses, Indeed!

Construction should soon begin on an 84,000-square-foot BJ’s Wholesale Club at 200 Crown Colony Dr. in Quincy after the site of the former printing plant for The Patriot Ledger was recently sold.

Think the South Shore broadsheet will get a wholesale deal on paper? It’s mighty costly these days.

The 7.5-acre site, which will feature 387 parking spots at the junction of Interstate 93 and routes 3 and 128, sold for $10,575,000 with an $18 million mortgage via Cambridge Savings Bank on Aug. 14, according to data from The Warren Group, publisher of Banker & Tradesman.

According to the Ledger, the plant opened in 1961 at the former New England Coke storage yard. Its presses went silent nearly two years ago when the paper began printing at The Boston Globe’s Morrissey Boulevard plant in Dorchester – another site that’s up for sale since The New York Times Co. is trying to sell that paper.

Low Realty LLC, a subsidiary of the Ledger’s owner, GateHouse Media Inc., was the seller.

The Teller, Aug. 31

by Banker & Tradesman time to read: 1 min
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