NYSE:VNOOffice REITs
Vornado Realty Trust (VNO) Is Up 12.6% After PENN 2 Reaches 90% Leasing - Has The Bull Case Changed?
Earlier this week, Vornado Realty Trust reported that PENN 2 in New York’s PENN DISTRICT is now 90% leased after signing 10–12 year full-floor agreements with technology tenants Veeva and Altana AI, which is establishing its new headquarters there.
This leasing progress at a flagship redevelopment, coupled with increased interest across office REITs, highlights how high-quality, amenity-rich assets may be attracting tenants even as the broader office sector adjusts to new working...