"The addition of Bed, Bath & Beyond to our Jackson Crossingshopping center marks the fifth expansion of this asset. It alsovalidates the continued strength of the center's location as thedominant retail venue in the Jackson trade area," says DennisGershenson, president and CEO. "During 2001 we commenced orcompleted the repositioning of eight shopping centers as we work toproactively respond to changing retail trends while continuing tostrengthen great assets."

Jackson Crossing is located on West Road at the intersection ofthe I-94 and US 127 expressways. RPT also developed Jackson West, a210,000-sf shopping center adjacent to Jackson Crossing. Averagehousehold income for the Jackson trade area is expected to growapproximately 20% over the next three years, according to companyofficials.

The company has a portfolio of 57 shopping centers, withapproximately 11.8 million sf of gross leasable area, located inMichigan, Ohio, Wisconsin, New York, New Jersey, Maryland,Virginia, North Carolina, South Carolina, Tennessee, Georgia,Alabama and Florida.