Tuesday, April 16, 2013

Vornado Sells The Plant for $203M

National Commercial Real Estate News From CoStar Group

Vornado Sells The Plant for $203M

Vornado Realty Trust (NYSE: VNO) has completed two previously announced sales involving retail centers in California and Pennsylvania for an aggregate price of $263 million.

The Plant, a power center located at Curtner Ave. and Monterey Rd. in San Jose, CA, sold for $203 million. The center totals more than 465,000 square feet of retail and office space on 52 acres in the San Jose Central submarket. The main buildings were constructed between...

No comments:

Post a Comment