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STOCKTON, CA-Excel Trust Inc. of San Diego has acquired the 739,234-square-foot Park West Place shopping center from Levine Investments of Phoenix for $92.5 million in a deal brokered by Lucescu Realty of Newport Beach, according to Mark Lucescu, president of the firm. Lucescu represented the seller and also produced the buyer.

The Park West center was built in 2004 and is anchored by Lowe’s, Target (non-owned), Kohl’s, Sports Authority, JoAnn’s Fabrics, Ross Dress for Less, and Bed, Bath & Beyond. The property comprises 13 single-tenant outparcels including Wells Fargo, Bank of America, Starbucks, Panera, Wendy’s and Sonic Drive-In. The center is adjacent to the Interstate 5 Freeway, (100,000 vehicles per day) and is 100% leased.

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