70 percent leased. The deal also included a 10,000-sf, free-standing building that's leased to a medical tenant.
anchored by Macy's, Value City, Marshall's and Off Saks Fifth Avenue. Vornado to redevelop, expand the property
deal is for a 50% stake and values the mall at $775Mln; Neiman Marcus, Lord & Taylor Nordstrom, Macy's and J.C. Penney
REIT acquired a 50% stake in the mall, which has 2 Mln sf of GLA. It's specialty store sales are $515/sf. Non-cash transaction and assumption of debt.
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