Vornado Realty Trust is a fully integrated real estate investment trust (REIT). Vornado is one of the largest owners and managers of real estate in the United States with a portfolio over 100 million square feet in its major platforms, primarily located in the New York and Washington, DC metro areas. The company's four major platforms include: New York City Office; Washington, DC Office; Retail Properties and Merchandise Mart.
New York Office
28 office properties aggregating 16.0 million square feet, primarily located in midtown Manhattan.
Washington, DC Office
83 office properties and one hotel aggregating 17.6 million square feet, located in Washington, DC and northern Virginia.
Retail Properties
177 retail properties in 21 states, Washington, DC and Puerto Rico aggregating approximately 21.9 million square feet.
Merchandise Mart
Merchandise Mart includes 9.1 million square feet in 9 Mart buildings including the 3.4 million square foot Merchandise Mart in Chicago.
Other Real Estate Investments
- 32.8% interest in Alexander's Inc. [NYSE: ALX]
- 32.7% interest in Toys "R" Us
- Hotel Pennsylvania in New York City
- Mezzanine loans to real estate related companies
- Interests in other real estate, including interests in other public companies that own and manage office, industrial and retail properties net leased to major corporations and student and military housing properties throughout the United States; 6 dry warehouse/industrial properties in New Jersey containing approximately 1.2 million square feet; and other investments and marketable securities.
Total real estate owned or managed, including pro-rata share of partially-owned entities and joint ventures, is over 100 million square feet, including Vornado's 16 million square feet of Toys "R" Us real estate.
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