Oprah Winfrey plans to sell Harpo Studios in Chicago to Sterling Bay developers.
That’s how long they expect the studio will remain on the property.
A Harpo spokesman said, “We have entered into a purchasing agreement with Sterling Bay for the four-building Harpo Studios campus in Chicago’s West Loop…We expect the transaction to be closed in 30 days. The property will be leased back to Harpo for two years and the studio will continue to produce programming for OWN.”