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