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                                                                   EXHIBIT 23.02






                        CONSENTS OF INDEPENDENT AUDITORS


We consent to the incorporation by reference in this registration statement on
Form S-3 of our report dated March 5, 1998 on our audit of the Historical
Summary of Operating Revenues and Direct Operating Expenses of the properties
acquired by Excel Realty Trust, Inc. for the year ended December 31, 1997, which
is included in the Current Report on Form 8-K of Excel Realty Trust filed July
14, 1998. We also consent to the reference to our firm under the caption
"Experts".



/s/ Squire & Co.
Squire & Company, PC
San Diego, California
November 17, 1998








We consent to the incorporation by reference in this registration statement on
Form S-3 of our report dated June 12, 1998 on our audit of the Historical
Summary of Operating Revenues and Direct Operating Expenses of the properties
acquired by Excel Realty Trust, Inc. for the year ended December 31, 1997, which
is included in the Current Report on Form 8-K of Excel Realty Trust filed July
14, 1998. We also consent to the reference to our firm under the caption
"Experts".




/s/ Squire & Co.
Squire & Company, PC
San Diego, California
November 17, 1998