Vornado Sells Off Chicago, NY Buildings For $306M

Law360, New York (November 3, 2011, 9:10 PM EDT) -- New York-based Vornado Realty Trust has reached deals to sell an office building in Chicago and four properties in Manhattan for a total of about $306 million, the company announced Wednesday.

The property in Chicago, a 1.2 million-square-foot building at 350 West Mart Center, sold for about $228 million, while the four retail and mixed-use properties in New York sold for about $78 million, Vornado said.

Further information on the deals, including the buyer, was not immediately available Thursday and company representatives could not immediately be...
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