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Home > Company Index > Real Estate > REIT - Diversified & Misc. > JP Realty, Inc.

JP Realty, Inc.
NYSE: JPR
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 PROFILE
JP Realty is a real estate investment trust (REIT) that acquires, develops, and manages retail and commercial properties through Price Development Company (82%-owned). Totaling some 15 million sq. ft., the company's portfolio contains more than 50 properties located throughout the western US, mostly in Utah and Idaho. Properties include regional malls (about two-thirds of its floor space), community retail centers, freestanding stores, and mixed-use commercial sites. Major tenants in JP Realty's nearly 20 malls include large department stores such as J.C. Penney and Sears; its more than two dozen strip malls are usually anchored by a supermarket, discount store, or drugstore such as Albertson's or Rite-Aid.

 COMPETITION
Burnham Pacific Properties, Inc. (BPP)
Simon Property Group, Inc. (SPG)
Transcontinental Realty Investors, Inc. (TCI)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 144.20
1-Yr. Sales Growth: 8.0%
Employees: 530
Revenue per employee: $272,075.47

 KEY PEOPLE
• John Price
    CEO
• M. Scott Collins
    CFO

 CONTACT INFO
35 Century Pkwy.
Salt Lake City, UT 84115
US
Phone: 801-486-3911
Fax: 801-486-7653
Online: Web Site

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