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Not every owner that responded to our Top Owners and Managers survey printed in? April, followed specifications when accounting for joint ventures. New Plan Excel Realty Trust was one of the few companies that complied, but since others did not, the REIT fared worse in the ranking than it should have. Its unadjusted figure for property owned is 66.1 million square feet and for property managed is 67.8 million square feet.

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