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IT consultant Apparatus buying WFYI building

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Locally based IT consultant Apparatus has agreed to buy the former WFYI building at 1401 N. Meridian St. for a new headquarters.

The company, which now has its office at 912 N. Delaware St., has executed a purchase agreement for the 27,000-square-foot building but has yet to close the deal, said Chuck Cagann, president of Mansur Real Estate Services.

The building has been vacant since WFYI moved a few blocks north to 16th and Meridian streets 15 months ago. A second WFYI building, at 1433 N. Meridian St., remains available for sale, and two prospective office users are negotiating to buy it.

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