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Reynolds American wants to sell historic headquarters

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A symbol of North Carolina's tobacco history located in downtown Winston-Salem is on the market.

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.

Read the full Winston-Salem Journal report here.

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About the blogger

Assistant Business Editor Alan M. Wolf joined the N&O in 1999 covering the business of health care. He became an editor in 2001, and helps oversee the paper's daily business coverage and Sunday Work&Money section. He lives in Clayton with his wife and two children. Reach him at 919-829-4572 or e-mail him.

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