JP REALTY, INC. - JPR- Profile

JP Realty, Inc.. The Company owns, leases, manages, operates, develops and redevelops regional malls, community centers and other commercial and retail properties. The Company has been approved as an investment trust company by the Internal Revenue Code under the section 856 through 860. The properties of the Company are located in Utah, Idaho, Colorado, Arizona, Nevada, New Mexico, and Wyoming. The Company currently owns portfolio of 50 properties, which includes 18 enclosed regional malls, 25 community centers, one freestanding retail property and 6 mixed-use commercial properties. Regional malls accounted for 80% of 2001 revenues; community centers, 14%; commercial properties, 5% and other, 1%. Owns, leases, manages, develops and redevelops malls, community centres and other commercial and retail properties