In addition, a 13,100-sf retail out-lot building has been completed. Tenants include national retailers Foot Locker and Radio Shack.

"We are very excited about the changes taking place at our Tel-Twelve shopping center. The project is proceeding on schedule," says Dennis Gershenson, president and chief executive officer of Southfield-based Ramco-Gershenson Properties Trust. "The new Lowe's Home Improvement store will commence construction in June with a spring 2003 grand opening planned."

Tel-Twelve shopping center fronts Telegraph Road; is located immediately off of the M-10 and I-696 Expressways. The center serves a large trade area in Oakland County.

Ramco-Gershenson has a portfolio of 57 shopping centers totaling approximately 11.2 million sf of gross leasable area, consisting of 56 community centers, of which nine are power centers and three are single-tenant properties, as well as one enclosed regional mall.