Vornado Realty Trust
Don't envy my great retirement -- Join the fun!
Click to discover my secret to ever-growing income from investments for life -- whether the stock market goes up or down
Vornado Realty Trust is a one of the largest fully-integrated real estate investment trusts in the United States. They own a diversified portfolio of commercial real estate, with over 100 million square feet of properties. They are concentrated in four areas: New York City offices, Washington D.C. offices (Vornado/Charles E. Smith division), retail, and merchandise mart.
Vornado's New York Stock Exchange symbol is VNO. Their headquarters are in New York City.
In New York City, Vornado Realty has 28 office properties primarily in mid-town Manhattan, a total of 16.1 million square feet.
In Washington D.C. and northern Virginia, VNO has 85 properties totally 17.6 million square feet.
They also own 177 retail properties spread over 21 states, the District of Columbia and Puerto Rico.
They own 8 Merchandise Marts, a total of 8.9 million square feet including the 3.4 million square feet of the Chicago Merchandise Mart.
They also own 32.6% interest in Alexander's, Inc (NYSE: ALX), 32.7% interest in Toys R Us (16 million square feet), Hotel Pennsylvania in New York City, and interests in other commercial real estate. Also, they make mezzanine loans to other real estate companies.
Vornado Realty Trust Properties Include:
1290 Avenue of the Americas, 20 Broad Street, 770 Broadway, 1740 Broadway, 150 East 58th Street, 90 Park Avenue, 640 Fifth Avenue, 40 Fulton Street, 689 Fifth Avenue, 330 Madison Avenue, 595 Madison Avenue, 731 Lexington Avenue, Two Penn Plaza, 11 Penn Plaza, 148 Spring Street, 150 Spring Street, 350 Park Avenue, 155 Spring Street, 50 West 57th Avenue, 29 West 57th Avenue, 909 Third Avenue, 40-42 Thompson Street, 866 UN Plaza, 100 West 33rd Street, 7 West 34th Street, Rosslyn Plaza, Courthouse Plaza, Democracy Plaza, The Bedford Building, The Camalier Building, The Champlain Building, The Westmoreland Building, Gateway, Crystal Drive, S. Bell St, 18th Street S, Reston Executive Center, Commerce Executive Park, Skyline, Skyline Place, Skyline Tower, Fairfax Square, Tysons Dulles Plaza, 1700 K Street, 1725 DeSales Street, 1919 M Street, 1101 17th Street, 2101 L Street, 1150 17th Street, 1750 Pennsylvania Avenue, 1666 K Street, 1766 K Street, 1730 M Street, Constitution Center, 1140 Connecticut Avenue, Bergen Town Center, 1 Penn Plaza, Kings Plaza Shopping Center, Manassas Mall, Monteheidra Town Center, Broadway Mall, Rego Park Center, Waterside Place, The Cannery, and Monmouth Mall.
Vornado Realty is a REIT well positioned to profit from economic activity through the U.S. Its office properties are too concentrated, though in the two most important cities in the United States. But it does also receive income from retail shopping centers widely scattered around the country.
Next: Washington Real Estate Investment Trust -- commercial real estate properties in the greater Washington DC metropolitan area
Now download The Death of Capital Gains Investing, your first step toward experiencing for yourself the joy of securing your retirement through income investing!
It's easy. Just enter your first name and email address into the form below.
(NOTE: After you click the button, you'll be taken to a thank you page with the link to download your free report.)
Copyright 2007-2021 by Gold Egg Investing LLC. All rights reserved.
