Alexander's Inc. (ALX)

Profile

https://www.alx-inc.com

Alexander’s Inc. is a real estate investment trust focused on leasing, managing, developing, and redeveloping commercial properties in the greater New York City area. Its portfolio is concentrated in a small number of office, retail, and mixed-use assets, with operations centered on properties that serve major tenants, retailers, and neighborhood consumer traffic. The company’s holdings include prominent New York properties such as office and retail space, shopping centers, and apartment-related real estate, giving it exposure to several property types within a compact geographic market. Alexander’s Inc. operates through an external management arrangement with Vornado Realty Trust, which supports its property oversight and development activities. Based in Paramus, New Jersey, Alexander’s Inc. plays a specialized role in the U.S. real estate market as a focused owner and operator of urban income-producing properties.