Equity One Acquires Shopping Center
By:
DailyMarkets.com
Posted on September 06, 2011 at 13:00 PM EDT
Equity One Inc. (NYSE:EQY) recently announced the acquisition of a shopping center named 90-30 Metropolitan Avenue, spanning 60,000 square feet located in Forest Hills, New York for $28.8 million. The center is currently 93.0% occupied. The shopping center is located in one of the most prosperous and dense neighborhoods in Queens and is one of [...]
Equity One Inc. (NYSE:EQY) recently announced the acquisition of a shopping center named 90-30 Metropolitan Avenue, spanning 60,000 square feet located in Forest Hills, New York for $28.8 million.
The center is currently 93.0% occupied. The shopping center is located in one of the most prosperous and dense neighborhoods in Queens and is one of the most under-retailed area, with high barriers to entry.
Moreover, Equity One recently announced its plans to sell a 213,000 square foot office building … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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