X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON, DC-Excel Trust Inc., a San Diego-based realty investment trust, has purchased two strip malls in suburban Maryland for $70 million from Faison Asset Management, a Charlotte, N.C.-based firm.

As per the deal closed on October 1, the realty investment trust has acquired Brandywine Crossing, a shopping center measuring 197,884 square feet situated in Brandywine in Prince George’s County, and Rosewick Crossing, a 116,008-square-foot center situated in La Plata in Charles County. For the full story, go to Washington Business Journal.


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.