Built in 1974, Washington Mutual's Winston Towers branch, a two-story office complex, has 28,647 sf on 1.25 acres. Greenstreet Financial, based in Huntington, NY, provided $1.8 million in financing for the deal.

The Winston Towers' previous owner was Amerifirst Bank, which purchased the building in 1975 for $3.25 million. When the bank failed, the Resolution Trust Corp stepped in and sold the offices for $1.7 million in 1992 to Washington Mutual.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.