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Alexander's Inc V.ALX


Primary Symbol: ALX

Alexander's, Inc. is a real estate investment trust (REIT). The Company is engaged in leasing, managing, developing and redeveloping its properties. It is managed by, and its properties are leased and developed by, Vornado Realty Trust (Vornado). It has five properties in New York City consisting of 731 Lexington Avenue, a 1,079,000 square foot multi-use building comprising the entire block bounded by Lexington Avenue, East 59th Street, Third Avenue and East 58th Street in Manhattan; Rego Park I, a 338,000 square foot shopping center, is located on Queens Boulevard and 63rd Road in Queens; Rego Park II, a 616,000 square foot shopping center, is located adjacent to the Rego Park I shopping center in Queens; Flushing, a 167,000 square foot building, located on Roosevelt Avenue and Main Street in Queens, and The Alexander apartment tower, located above its Rego Park II shopping center, contains 312 units aggregating 255,000 square feet.


NYSE:ALX - Post by User

Alexander's Inc
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Post by bydaron May 27, 2014 9:53pm
269 Views
Post# 22603660

acquisition

acquisitionI like the new assets. It sure has a different feel to Management now than in the Renegade days. I sold a good portion of my holdings at about $4.00 but may have been hasty. Will watch for a new entry point but will also be happy if it just continues up. GLTA
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities