Two New York commercial real estate brokerages have been selected by Tribune Co. to market the Los Angeles Times’ main office downtown and Tribune Tower in Chicago to potential buyers, the company said Tuesday, the L.A. Times reports.

Cushman & Wakefield will look for buyers for The Times’ historic headquarters at 1st and Spring streets, and Eastdil Secured will try to sell the landmark Tribune building overlooking the Chicago River, said Stephanie Pater, director of real estate for Tribune.

Prices for the properties have not been set, Pater said, but the Times headquarters was valued at about $150 million and Tribune Tower might garner about $230 million, according to industry trade publication Real Estate Alert.

Tribune has not signed formal contracts with the brokerages, Pater said, but they are expected to accept the assignments. The firms were among several that responded to Tribune’s request for marketing proposals last month.

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