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Not Done Yet: Blackstone To Acquire Excel Trust for $2 Billion

Not Done Yet: Blackstone To Acquire Excel Trust for $2 Billion
In its second multi-billion dollar deal of the morning, The Blackstone Group agreed to acquire all outstanding shares of Excel Trust for $2 billion. As of year-end 2014, Excel owned 38 retail properties totaling 7.2 million square feet of GLA, which were 94.3% leased and had a weighted average remaining [read more]
Source: CoStar GroupPublished on 2015-04-10
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