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Home > Company Index > Real Estate > REIT - Retail > Kramont Realty Trust

Kramont Realty Trust
NYSE: KRT
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 PROFILE
Kramont is "loco" for neighborhood shopping centers. Kramont Realty Trust, the product of a merger of Kranzco Realty Trust and CV Reit, is a real estate investment trust (REIT) which acquires, develops, manages, and operates about 90 neighborhood shopping centers in 16 states primarily in the East and Southeast; the Philadelphia region is its largest market. The centers are usually anchored by a supermarket, discount department store, or drugstore. Kramont buys properties that can be enhanced in value or that need anchor tenants. Many properties have additional space for the expansion or development of freestanding stores, restaurants, and auto centers.

 COMPETITION
Glimcher Realty Trust (GRT)
IRT Property Company (IRT)
Konover Property Trust, Inc. (KPT)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 81.30
1-Yr. Sales Growth: 140.5%
Employees: 120
Revenue per employee: $677,500.00

 KEY PEOPLE
• Louis P. Meshon
    CEO
• Etta M. Strehle
    CFO

 CONTACT INFO
580 W. Germantown Pike, Plymouth Plaza Ste. 200
Plymouth Meeting, PA 19462
US
Phone: 610-825-7100
Fax: 610-834-8110
Online: Web Site

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