The Online Investor
Real Estate M&A image Real Estate M&A » By The Online Investor Staff, updated Tue., Mar. 19, 12:20 AM Recent mergers and acquisitions in the Real Estate M&A category.

Slide #70. Excel Trust, Inc. Tracy Pavilion

Acquirer: Excel Trust, Inc. (EXL)
Acquiree: Tracy Pavilion
Details: Excel Trust, Inc. (NYSE:EXL), a retail focused real estate investment trust (REIT), acquired Tracy Pavilion, a 374,766 square foot shopping center, for approximately $32 million on January 24, 2013. The company owns 162,353 square feet as Home Depot and WinCo are both tenant owned. Major tenants include Home Depot (non-owned), WinCo (non-owned), Marshalls, Ross, PetSmart, Staples and Ulta. In a five mile radius average household income is estimated to be $95,558 (Source: AGS 2013).

Excel Trust is a self-administered, self-managed real estate firm. Co. focuses on acquiring, financing, developing, leasing, owning and managing community and power centers. At Dec 31 2013, Co. owned an operating portfolio consisting of 34 retail properties (including a 50.0% consolidated joint venture). Co. also owned two commercial office properties: Excel Center and the Promenade Corporate Center. Co. also held ownership interests in two unconsolidated retail properties. Co.'s non-operating properties consisted of Phase II of its Chimney Rock property and an undeveloped land parcel, Southlake Park Village.

Preferred: EXL.PRB



Open the EXL Page at The Online Investor »

Company Name: 
Excel Trust Inc.
Website: 
www.ExcelTrust.com
Sector: 
REITs
 

Open the EXL Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree EXL Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Hold (2.00 out of 4)
45th percentile
(ranked lower than approx. 55% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Real Estate M&A - Slide 70 of 91 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2024, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.