Winthrop Realty Trust Announces Sale of Deer Valley, Arizona Property
BOSTON, June 12, 2013 (GLOBE NEWSWIRE) -- Winthrop Realty Trust (NYSE:FUR)
announced today that it has sold its medical office building property located
in Deer Valley, Arizona for a gross sales price of $20,500,000 and net
proceeds, after costs and closing adjustments, of approximately $20,000,000.
The property was originally acquired through a foreclosure by Winthrop on a
loan receivable acquired in June 2010 for an original purchase price of
About Winthrop Realty Trust
Winthrop Realty Trust, headquartered in Boston, Massachusetts, is a
NYSE-listed real estate investment trust (REIT) focused on acquiring, owning,
operating and investing in real property as well as real estate financial
instruments including CMBS, bonds, REIT preferred and common stock.For more
information, please visit our web-site at www.winthropreit.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995.With the exception of the historical information contained in this news
release, the matters described herein contain "forward-looking" statements
that involve risk and uncertainties that may individually or collectively
impact the matters herein described.These are detailed from time to time in
the "Risk Factors" section of the Company's SEC reports.Further information
relating to the Company's financial position, results of operations, and
investor information is contained in the Company's annual and quarterly
reports filed with the SEC and available for download at its website
www.winthropreit.com or at the SEC website www.sec.gov.
CONTACT: Winthrop Realty Trust
Investor or Media Inquiries
Phone: (617) 570-4614; e-mail: email@example.com
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