Press release

November 22, 2016

4bc4f0ea7c462b8ee4df447ee520efb4

Excel Trust Changes Name to ShopCore Properties (full release)

Download Press Release  SC

CHICAGO, IL--(Marketwired - November 22, 2016) - Excel Trust, LP, announced today it is officially changing its name to ShopCore Properties, LP (ShopCore or the Company), effective immediately. The Company has unveiled a new logo and website at www.shopcore.com, and will be implementing property level branding initiatives over the next several weeks.

"Our organization has experienced significant growth, as we've more than doubled the size of our portfolio since going private in 2015," stated Luke Petherbridge, President and CEO. "Now is the right time to establish a brand that better represents the scale of our company and the strength of our core shopping center holdings, comprising market-dominant assets in densely populated markets."

ABOUT SHOPCORE PROPERTIES

ShopCore Properties owns and operates over 18 million square feet of retail space across the US. Our assets are concentrated in densely populated markets and are anchored by best-in-class retailers. We currently have significant holdings in California, Florida, Texas, New York and Pennsylvania.  ShopCore is owned by funds affiliated with Blackstone Real Estate.