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.

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Alexander's Inc > Poise.....who is next

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Comment by righand2on Jul 28, 2016 11:36am

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Post# 25091950

RE:RE:RE:RE:Poise.....who is next

PNG202l wrote: I know for a fact that the Husky assets have been sold to CPG. So, my question to you guys is how can a publically traded company buy assets like this, or any assets for that matter without either company acknowledging it publically? Husky didnt say anything. CPG didnt say anything. It just does not seem to happen all that often. Im not upset about it, CPG needed those assets (Ratcliffe, etc) so it was a solid acquisition. Im just wondering how and why there was no announcement.

Any thoughts?

If they do not consider it to be material, they don't have to announce it. But I am sure shareholders would still like to know.

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