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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

Comment by WarAdmiralon Jul 13, 2017 3:19pm
230 Views
Post# 26466263

RE:CVE looking to sell Weyburn assets.. Spartan?

RE:CVE looking to sell Weyburn assets.. Spartan?Would love to pick these properties up!  But they'll need to fleece Cenovus in order for the market to react favorably.  Any fair aquisition will be met with a share price drop. 

But imagine having these properties, along with our current BOE's when oil goes back up!
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