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26.06.2014 18:34:47
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Winthrop Realty Trust Sells Its Amherst, New York Property
(RTTNews) - Winthrop Realty Trust (FUR) said Thursday 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 $24.5 million.
Winthrop will realize net proceeds, after costs and closing adjustments and the expected release of amounts escrowed in connection with the sale, of about $23.7 million. The net asset value range for the property at March 31, 2014, the most recent net asset value provided by Winthrop, was $23.252 million to $24.027 million.
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