|04/10/15||Excel Trust Enters Into Agreement to Be Acquired by Blackstone for $15.85 per Share|
|SAN DIEGO, CA -- (Marketwired) -- 04/10/15 --
Excel Trust, Inc. (NYSE: EXL) today announced that it has entered into a definitive agreement with Blackstone Property Partners L.P., under which Blackstone will acquire all outstanding shares of common stock of Excel Trust for $15.85 per share in an all-cash transaction valued at approximately $2 billion.
The transaction has been unanimously approved by Excel Trust's Board of Directors and represents a premium of nearly 15% over the Company's clos... |
|04/07/15||Excel Trust Announces First Quarter 2015 Earnings Release Date and Conference Call Information|
|SAN DIEGO, CA -- (Marketwired) -- 04/07/15 --
Excel Trust, Inc. (NYSE: EXL), a retail focused real estate investment trust (REIT), announced today that its first quarter earnings will be released after the market closes on Wednesday, April 29, 2015. Senior Management will host a conference call the following day, Thursday, April 30, 2015 at 1:00 p.m. Eastern Time.
Conference call access information is as follows:
Participant Toll-Free Dial-In Number: (877) 930-705... |
|03/16/15||Excel Trust Completes Disposition of Promenade Corporate Center for $65 Million|
|SAN DIEGO, CA -- (Marketwired) -- 03/16/15 --
Excel Trust, Inc. (NYSE: EXL) announced the sale of Promenade Corporate Center in Scottsdale, Arizona for $65.0 million. The Promenade Corporate Center is comprised of two Class A office towers with 256,157 square feet of combined gross leasable area (note: sale does not include any of the surrounding retail at Scottsdale Promenade owned by Excel Trust). The Company purchased the asset in 2012 at an initial cost basis of $53.0 million and expects t... |
|02/11/15||Excel Trust Announces Fourth Quarter and Year Ended 2014 Results, Increases Dividend|
|SAN DIEGO, CA -- (Marketwired) -- 02/11/15 --
Excel Trust, Inc. (NYSE: EXL) announced today financial and operating results for the quarter and year ended December 31, 2014. A supplemental financial package with additional information can be found on Excel Trust's website under the Investor Relations tab.
Highlights for the Fourth Quarter 2014
Reported Adjusted Funds from Operations (AFFO) for the quarter of $16.5 million, or $0.27 per diluted share and for the year of $52.4 m... |