Reynolds American Wants to Sell Historic Headquarters
Source from: The News & Observer 11/24/2009
A symbol of North Carolina's tobacco history located in downtown Winston-Salem is on the market.
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Cigarette maker Reynolds American is trying to sell its historic former headquarters, the Winston-Salem Journal reports this morning. The Reynolds building is worth about $12.3 million, according to Forsyth County tax records, and could be leased for office space or renovated into a mixed-use project.
The 22-story building was the tallest south of Baltimore when it opened in 1929 and housed employees of R.J. Reynolds Tobacco Co. until recently when the company began cutting jobs and consolidating its Winston-Salem operations into another building.
The architecture firm that designed it, Shreve & Lamb, went on to build a bigger version in Manhattan: the Empire State Building. Enditem