Article: Workflow Management, Inc. Completes Divestiture of Non-Core Real Estate.

PALM BEACH, Fla., July 31 /PRNewswire/ --

Workflow Management, Inc. (Nasdaq: WORK), the nation's leading unbiased outsourcer of print and office consumables, today announced that it has closed a sale-leaseback transaction of its five company-owned buildings.

Workflow expects to realize approximately $6.7 million after taxes and fees from this transaction, with the net proceeds being used to reduce debt under the company's revolving credit facility. Workflow was represented in this transaction by Insignia/ESG, Inc. (NYSE: IFS), one of the nation's leading providers of commercial real estate services.

Tom D'Agostino, Sr., Chairman, President and ...

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