Market Overview

Equity One Announces $260M in Property Acquisitions

Equity One (NYSE: EQY) announced today that it has acquired, or is under
contract to acquire, four properties for a total investment of $260
million. Three of the assets are located in the New York Metropolitan
Region and one is located in Bethesda, Maryland.

The company entered into a contract to acquire Westwood Complex, a
22-acre property located in Bethesda, Maryland with significant retail
opportunities for redevelopment and expansion. The site consists of
214,767 square feet of retail space, a 211,020 square foot apartment
building, and a 62-unit assisted living facility. The property is
situated in a dense, highly affluent market with 142,000 people living

See full press release

Posted-In: News Guidance Contracts Management M&A Global

 

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