Alexander's Inc.

Importer
210 Rte. 4 E, Paramus, NJ 07652-5108, United States
(201)587-8541, (201)708-6214 fax, http://www.alx-inc.com

Primary SIC: Real Estate Investment Trusts, Primary NAICS: Real Estate Investment Trusts
Description: Alexander's Inc. was incorporated in Delaware and is publicly traded on the NYSE. Headquartered in Paramus, N.J., the company is a real estate investment trust (REIT) that leases, manages, develops and redevelops seven properties in the greater New York City metropolitan area. Alexander's is managed by, and its properties leased and developed by, Vornado Realty Trust, a publicly-traded company on the NYSE. The 731 Lexington Avenue property is a 1,307,000 square foot multi-use building in Manhattan, N.Y. The building contains 885,000 and 174,000 of net rentable square feet of office and retail space, respectively, and 105 condominium units. Principal office tenants include Bloomberg LP and Citibank N.A. Principal retail tenants include The Home Depot and The Container Store. The Kings Plaza Regional Shopping Center in Brooklyn, N.Y. contains 1,098,000 square feet that is 94 percent leased. The Rego Park I property in Queens, N.Y., contains 351,000 square feet and is 86 percent leased to Sears, Bed Bath and Beyond, Marshalls and Old Navy. The Paramus property, which consists of 30.3 acres of land in Paramus, N.J., is leased to IKEA Property, Inc. The Flushing property in Queens, N.Y. contains a 177,000-square-foot building that was sub-leased in February 2009 to a developer. The remaining two properties are located in Queens, N.Y. and are under development.Finance: Real Estate: Real estate investment trust.