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Stock Market & Financial Investment News

News Breaks
June 26, 2014
08:44 EDTFURWinthrop Realty announces sale of Amherst, NY property for $24.5M
Winthrop Realty announced that it has sold to an unaffiliated third party its office building property located in Amherst, New York which is leased to Ingram Micro for a gross sales price of $24.5M. Winthrop will realize net proceeds, after costs and closing adjustments and the expected release of amounts escrowed in connection with the sale, of approximately $23.7M. The net asset value range for this property at March 31, the most recent net asset value provided by Winthrop, was $23.25M- $24.03M.
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