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

<< Previous

Bullboard Posts

Next >>

Post by retiredcfon Mar 01, 2017 7:02am

199 Views

Post# 25910291

Analyst Recommendation

https://www.bnn.ca/video/peter-imhof-discusses-spartan-energy-and-tamarack-valley~1067476

2017-02-28 COMMENT Peter Imhof

Started to build a position after the stock broke down through $3. A premier company that has always garnered high multiples. There were a lot of US holders in a bunch of these names, and because of fears of a border tax, they decided to exit. This is not inexpensive, but is a lot less expensive than it once was. Good growth and very good netbacks, and he is trying to build a bit of a position.

Login to show your approval Login to show your disapproval / Be the first to comment

Price:

$2.790

Subject:

NORTH AMERICAN - SMALL

Bias:

UNKNOWN

Owned:

Yes

<< Previous

Bullboard Posts

Next >>