D.C. properties big bright spot for Vornado Realty

05/6/2009 | Wall Street Journal, The

The nation's biggest office landlord, Vornado Realty Trust, is enjoying a big payoff on its investment in office buildings in one of the only U.S. office markets not in big trouble, Washington, D.C. While the REIT leased only 161,000 square feet in New York in the first quarter, it found paying tenants for 539,000 square feet in the Washington, D.C., area during the same quarter.

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