Vernon Hills.
NEW YORK CITY – Ashkenazy Acquisition Corp., a national real estate investment firm based in New York City, has acquired Vernon Hills Shopping Center, a 380,000-square-foot shopping mall in Eastchester, New York's Westchester County for $125 million. Cushman & Wakefield arranged the deal.
Ashkenazy's high growth portfolio invests in retail, hotel, and office assets, with over 100 buildings valued at $14 billion in its book. The firm has had an eye on the Vernon Hills Shopping Center for more than 15 years. Now the family-owned organization looks forward to having the asset within its portfolio as a trophy property, according to President Daniel Levy.
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Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
