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Stock Market & Financial Investment News

News Breaks
February 5, 2013
04:53 EDTEXLExcel Trust acquires Tracy Pavillion for $32M
Excel Trust acquired Tracy Pavilion, a 374,766 square foot shopping center, for approximately $32M on January 24. The company owns 162,353 square feet as Home Depot and WinCo are both tenant owned. Major tenants include Home Depot, WinCo, Marshalls, Ross, PetSmart, Staples and Ulta. In a five mile radius average household income is estimated to be $95,558.
News For EXL From The Last 14 Days
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March 24, 2015
10:01 EDTEXLOn The Fly: Analyst Initiation Summary
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06:51 EDTEXLExcel Trust initiated with an Outperform at RW Baird
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March 16, 2015
18:42 EDTEXLExcel Trust sees gain of $15.1M on sale of Promenade Corporate Center
Excel Trust announced the sale of Promenade Corporate Center in Scottsdale, Arizona for $65M. The Promenade Corporate Center is comprised of two Class A office towers with 256,157 square feet of combined gross leasable area. The company purchased the asset in 2012 at an initial cost basis of $53M and expects to realize a gain of approximately $15.1M based on the depreciated book value of the property at the time of sale.

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