Vornado’s Rego Park complex completes $275M refinancing

A publicly-traded real estate investment trust, one-third owned by Vornado Realty Trust, has completed a $275 million refinancing of Rego Park II, a 600,000-square-foot retail complex in Central Queens, GlobeSt.com reported.

The seven-year loan will repay the existing loan on the property, which, as of Dec. 31, 2010, had a balance of $277 million for the $410 million retail development, GlobeSt.com said.

Tenants at the complex include Costco, Century 21 and Kohl’s. [GlobeSt]