SAN DIEGO-Excel Trust Inc. had completed the acquisition of Park West Place, a shopping center measuring 739,234 square feet in Stockton, for an amount of $92.5 million in mid-December. Towards the end of 2010, the company also had inked an agreement to purchase Gilroy Crossing, a retail center measuring 473,640 square feet in Gilroy, for an amount of $68.5 million.
Since last April, the company's portfolio has grown up to a gross asset value of $414 million. For the full story, go to San Diego Business Journal.
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