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Winthrop Realty completes Sullivan Center sale for $95.3M

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Winthrop Realty completes Sullivan Center sale for $95.3M

Winthrop Realty Trustcompleted the sale ofboth its mezzanine loan and entire ownership interest in its Sullivan Center property in Chicago.

The interest was sold to its venture partner for an aggregatepurchase price of approximately $95.3 million.

The company said the net proceeds received from the sale areconsistent with the asset's liquidation value at Dec. 31, 2015.