Equity One Announces $260M in Property Acquisitions

Equity One 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