Bradley Real Estate, Inc. - BTR- Profile

Bradley Real Estate, Inc. is a self-administered and self-managed real estate investment trust. The company with internal property management, leasing, development and acquisition capabilities, focuses on the ownership, operation and development of community and neighborhood shopping centers in the midwest region of the United States. As of December 1999, the company owned 98 shopping centers in 15 states, aggregating 15.8 million square feet of gross leasable area. The company's portfolio of shopping centres consists of diverse tenant base, comprising of supermarkets, drug stores and other consumer necessity or value-oriented retailers. Rental income accounted for 98% of 1999 revenues and other income, 2%.