Winthrop Realty Trust Announces Refinancing of Mortgage Loan on Sullivan Center Property

Winthrop Realty Trust Announces Refinancing of Mortgage Loan on Sullivan
Center Property

BOSTON, Oct. 21, 2013 (GLOBE NEWSWIRE) -- Winthrop Realty Trust (NYSE:FUR)
announced today that the existing mortgage loan secured by the 942,000 square
foot, office and retail property located at One South State Street, in
downtown Chicago, Illinois has been refinanced. The new loan replaces a $110.8
million loan that bore interest at 11% per annum with a new $113.5 million
loan that bears interest at a rate of 3.95% per annum. The new loan requires
payments of interest only and matures November 2018.

Winthrop holds this property through a venture in which it currently holds an
approximately 35% equity interest. Winthrop also holds the mezzanine loan
indirectly secured by the property that has an outstanding balance of
principal and accrued interest of approximately $56.15 million and which bears
interest at 15% per annum.

The property is currently 83.2% occupied and has current annual projected net
operating income of approximately $13.5 million.Retail anchor tenants include
Target and DSW Shoe Stores and office major tenants include The Art Institute
of Chicago, the Illinois Department of Employment Security and Walgreens
E-Commerce Institute.

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, real estate secured loans and REIT
preferred and common stock.For more information, please visit our web-site at

"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 or at the SEC website

CONTACT: Winthrop Realty Trust
         Beverly Bergman
         Investor or Media Inquiries
         Phone: (617) 570-4614;
Press spacebar to pause and continue. Press esc to stop.