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Home > Company Index > Real Estate > REIT - Diversified & Misc. > Ramco-Gershenson Properties Trust

Ramco-Gershenson Properties Trust
NYSE: RPT
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 PROFILE
Ramco-Gershenson Properties Trust wants you to shop 'til you drop. The real estate investment trust (REIT) develops and manages malls, shopping centers, and single-tenant retail properties. The company owns more than 50 properties in 12 midwestern, eastern, and southeastern states, with a total of more than 11 million sq. ft. of space. Key tenants include Wal-Mart, Kmart, A&P/Farmer Jack, and OfficeMax. The firm was formed in 1996 when RPS Realty Trust acquired Ramco-Gershenson, Inc. Four members of the REIT's management team are brothers -- Dennis, Joel, Richard, and Bruce Gershenson -- who collectively own about 23% of the company.

 COMPETITION
CBL & Associates Properties, Inc. (CBL)
General Growth Properties, Inc. (GGP)
Simon Property Group, Inc. (SPG)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 92.50
1-Yr. Sales Growth: 8.4%
Employees: 125
Revenue per employee: $740,000.00

 KEY PEOPLE
• Dennis E. Gershenson
    CEO
• Richard J. Smith
    CFO

 CONTACT INFO
27600 Northwestern Hwy.
Southfield, MI 48034
US
Phone: 248-350-9900
Fax: 248-350-9925
Online: Web Site

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