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Vornado Completes Acquisition of Old Navy Store in Penn Plaza District
In: Business Wire (English), 2015-06-03
Online
Zeitungsartikel
Zugriff:
VORNADO REALTY TRUST (NYSE:VNO) announced today that it has completed the acquisition of 150 West 34th Street, a 78,000 square foot retail property leased to Old Navy through May 2019, which comes with 226,000 square feet of additional zoning air rights. The property is located across the street from Macy’s. The purchase price is approximately $355 million. At closing, the Company completed a $205 million financing of the property. The loan bears interest at LIBOR plus 2.25% and matures in August 2018 with two one-year extension options. [ABSTRACT FROM PUBLISHER]
Titel: |
Vornado Completes Acquisition of Old Navy Store in Penn Plaza District
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Autor/in / Beteiligte Person: | Vornado Realty Trust |
Zeitschrift: | Business Wire (English), 2015-06-03 |
Veröffentlichung: | 2015 |
Medientyp: | Zeitungsartikel |
Sonstiges: |
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