2015 Press Releases/News

Keyword Search
 
2015 | 2014 | 2013 | 2012 | 2011
DateTitle 
08/20/15Excel Trust Announces Receipt of Requisite Consents
SAN DIEGO, CA--(Marketwired - Aug 20, 2015) - Excel Trust, L.P. announced today that it has received the requisite consents from holders of its 4.625% Senior Notes due 2024 (the "Notes") to adopt the proposed amendments to the indenture governing the Notes pursuant to its previously announced tender offer (the "Tender Offer") and consent solicitation (the "Consent Solicitation"). The Tender Offer and Consent Solicitation are being conducted following the completion of the mergers of Excel Trust... 
Printer Friendly Version
08/06/15Excel Trust Announces Cash Tender Offer and Consent Solicitation for Its 4.625% Senior Notes Due 2024
SAN DIEGO, CA--(Marketwired - Aug 6, 2015) - Excel Trust, L.P. announced today that it has commenced a cash tender offer (the "Tender Offer") for any and all of its $250 million outstanding aggregate principal amount of 4.625% Senior Notes due 2024 (CUSIP No. 30068DAA5) (the "Notes"). In connection with the Tender Offer, Excel Trust, L.P. is also soliciting consents for certain amendments (the "Proposed Amendments") to the indenture (the "Indenture") governing the Notes (the "Consent Solicitati... 
Printer Friendly Version
07/31/15Blackstone Completes Acquisition of Excel Trust
SAN DIEGO, CA -- (Marketwired) -- 07/31/15 -- Excel Trust, Inc. (NYSE: EXL) reported today the completion of its previously announced acquisition by Blackstone. Gary B. Sabin, Chairman and Chief Executive Officer of Excel Trust, stated, "In 2010 we set out to assemble a strong portfolio of open-air centers that would generate attractive returns. We greatly appreciate the trust our shareholders placed in us, and are pleased to see our efforts validated through this transaction with Blackstone.... 
Printer Friendly Version
07/28/15Excel Trust Stockholders Approve Acquisition by Blackstone
SAN DIEGO, CA -- (Marketwired) -- 07/28/15 -- Excel Trust, Inc. (NYSE: EXL) announced that its common stockholders approved the acquisition of Excel Trust by Blackstone at its special meeting of stockholders held earlier today. Subject to the satisfaction or waiver of all closing conditions related to the transaction, Excel Trust expects the transaction to close on July 31, 2015, at which time trading of the Company's shares on the New York Stock Exchange will cease. As announced previously,... 
Printer Friendly Version
04/29/15Excel Trust Announces Results for the Quarter Ended March 31, 2015, Declares Dividend
SAN DIEGO, CA -- (Marketwired) -- 04/29/15 -- Excel Trust, Inc. (NYSE: EXL) (the "Company") announced today financial and operating results for the quarter ended March 31, 2015. A supplemental financial package with additional information can be found on Excel Trust's website under the Investor Relations tab. Highlights for the First Quarter 2015 Reported Adjusted Funds From Operations (AFFO) for the quarter of approximately $16.0 million, or $0.25 per diluted share ... 
Printer Friendly Version
04/10/15Excel 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... 
Printer Friendly Version
04/07/15Excel 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. PHONE: Conference call access information is as follows: Participant Toll-Free Dial-In Number: (877) 930-705... 
Printer Friendly Version
03/16/15Excel 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... 
Printer Friendly Version
02/11/15Excel 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... 
Printer Friendly Version
01/20/15Excel Trust Announces Tax Treatment of 2014 Dividend Distributions
SAN DIEGO, CA -- (Marketwired) -- 01/20/15 -- Excel Trust, Inc. (NYSE: EXL), a retail focused real estate investment trust (REIT), announced today the tax treatment of its 2014 dividend distributions. The Company's total dividend distributions per share of common stock (CUSIP #30068C109) are to be classified for income tax purposes as follows: ... 
Printer Friendly Version
01/15/15Excel Trust Announces Fourth Quarter and Year-End 2014 Earnings Release Date and Conference Call Information
SAN DIEGO, CA -- (Marketwired) -- 01/15/15 -- Excel Trust, Inc. (NYSE: EXL), a retail focused real estate investment trust (REIT), announced today that its fourth quarter and year-end 2014 earnings will be released after the market closes on Wednesday, February 11, 2015. Senior Management will host a conference call the following day, Thursday, February 12, 2015 at 1:00 p.m. Eastern Time. PHONE: Conference call access information is as follows: Dial in number: (800) 299-8538 ... 
Printer Friendly Version