WE BUY: Quality income producing retail properties
Primarily strong neighborhood, community and power retail centers located in dominant retail corridors. We prefer anchored shopping centers with 70-75 percent national credit tenants
Properties in need of redevelopment and repositioning
Retail portfolios
   
WE SELL: We are currently selling non-core assets from our portfolio
Shopping centers
Free standing NNN lease properties
Land, redevelopment and development parcels
   
LOCATION: Nationwide - presently in 38 states
   
SIZE: No deal too large – preferred minimums:
Shopping centers: 75,000 sq. ft. and up
   
ANCHOR TENANTS: Recognized nationally, occupying greater than 25,000 sq. ft.
   
EXPERTISE: Solving tax problems
New Plan Excel Realty Trust Stock - (NYSE: NXL)
1031 Exchanges
DownREIT Structures
   
METHOD OF PAYMENT: All cash, quick closings, fast responses
   
CONTACTS: Acquisitions / Dispositions
   
  New York
Dean Bernstein, Executive Vice President, Acquisitions / Dispositions
Cindy Chu, Vice President, Acquisitions/Dispositions
   
  Southwest Region
Michael D. Axelrad, Senior Vice President, Acquisitions, Southwest Region
Gay Gulledge, VP, Acquisitions & Dispositions
   
  Western Region
David Burstein, Vice President, Acquisitions, Western Region
   
E-mail: Dean Bernstein at dbernstein@newplan.com