Last Updated: December 16, 2003 ET

Vornado Buys Bergen Mall for $145M

By Eric Peterson

PARAMUS, NJ-The venerable one million-sf shopping mecca moves out of the portfolio of Simon Property Group in a purchase funded as part of a Section 1031 Exchange.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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