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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) April 7, 1994
(March 24, 1994)
NEW PLAN REALTY TRUST
(Exact Name of Registrant as Specified in Charter)
Massachusetts 0-7532 13-1995781
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
1120 Avenue of the Americas, New York, New York 10036
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (212) 869-3000
(Former Name or Former Address, if Changed Since Last Report)
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Item 2. Acquisition and Disposition of Assets
Since the last Form 8-K filed by New Plan Realty Trust (the
"Company") dated February 10, 1994, the Company, on March 24,
1994, acquired a shopping center, Victoria Square from Compson
Development Company. The property is located in Midlothian,
Virginia and consists of approximately 271,260 square feet of
gross leasable area on approximately 33.7 acres. Victoria Square
has space for 34 tenants and is currently 98% occupied. The
major tenants are: Kmart, Lowes and Farm Fresh.
Item 7. Financial Statements, Pro Forma Financial Statements and
Exhibits.
(a) and (b) Financial Statements of Businesses Acquired
and Pro Forma Financial Information.
The purchase price of the acquired property described in
Item 2 above (the "Property") was approximately $17,800,000, all
of which was paid by the Company in cash. The purchase price of
the Property represents less than 10% of the total unaudited
assets of the Company.
However, because the Property when added to prior unaudited
acquisitions exceeds 10% of the unaudited assets of the Company,
audited statements of revenues and certain operating expenses
relative to the Property and pro forma condensed financial
information reflecting the acquisition of the Property will be
filed under cover of Form 8-K/A as soon as practicable, but not
later than 60 days after this report on Form 8-K.
(c) Exhibits.
None.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
Date: April 7, 1994
NEW PLAN REALTY TRUST
By:/s/ Michael I. Brown
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Michael I. Brown
Chief Financial Officer
