RAMCO (NYSE:RPT) is a premier, national publicly-traded shopping center real estate investment trust (REIT) based in Farmington Hills, Michigan. The Company’s primary business is the ownership and management of regional town centers, urban infill properties and neighborhood shopping centers primarily located in 15 of the 40 largest metropolitan markets in the United States. At March 31, 2018, the Company owned interests in and managed a portfolio of 56 shopping centers and three joint venture properties. At March 31, 2018, the Company’s consolidated portfolio was 93.6% leased. RAMCO is a fully-integrated qualified REIT that is self-administered and self-managed.
View Our Leadership Team and Trustees
The journey to where RAMCO is today began in the early 1950’s, which ultimately led to the development of over 70 shopping centers located primarily in the Midwest. In 1975, William Gershenson’s four sons; Joel, Dennis, Richard and Bruce, and associate Mike Ward assumed leadership responsibility of Ramco-Gershenson, Inc.
On May 1, 1996, Ramco-Gershenson, Inc., and 22 of its primary shopping centers, merged with RPS Realty Trust to form RAMCO. Today, RAMCO carries on the tradition of excellence passed down through the generations. Each of its senior management team members have extensive experience in the shopping center industry. RAMCO’S ongoing business strategy includes building shareholder value through the proactive management of its properties as well as the selective development and acquisition of shopping centers.
Looking To The Future
Our tradition of excellence is what has defined us over the past 22 years. As we look to the future, it is our vision and commitment to providing the ultimate customer experience that will ensure our shopping centers remain the retail destinations of choice. Our innovative approach to merchandising focused on value, variety, convenience, experience and entertainment VVCE2, as well as our one-of-a-kind Community First programming engages consumers, builds customer loyalty and drives sales across our portfolio.