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Home > Company Index > Real Estate > REIT - Retail > New Plan Excel Realty Trust, Inc.

New Plan Excel Realty Trust, Inc.
NYSE: NXL
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 PROFILE
This company has a new plan to excel in the real estate business. New Plan Excel Realty Trust, a real estate investment trust (REIT), is the product of a reverse merger between New Plan Realty Trust (retail and residential property) and Excel Realty Trust (retail and commercial property). The combined entity is one of the nation's largest owners of strip shopping centers; it owns and manages almost 300 retail properties (more than 35 million sq. ft.) in more than 30 states. The company has sold its portfolio of more than 50 apartment complexes (over 12,000 units, mostly in the South) in order to concentrate on its retail holdings.

 COMPETITION
Kimco Realty Corporation (KIM)
Regency Centers Corporation (REG)
Weingarten Realty Investors (WRI)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 432.60
1-Yr. Sales Growth: (3.0)%
Employees: 750
Revenue per employee: $576,800.00

 KEY PEOPLE
• Glenn J. Rufrano
    CEO
• John B. Roche
    CFO

 CONTACT INFO
1120 Avenue of the Americas
New York, NY 10036
US
Phone: 212-869-3000
Fax: 212-869-3989
Online: Web Site

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