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Company Profile & Recommendation

Company Profile

Cedar Shopping Centers- (CDR)-is a fully-integrated real estate investment trust which focuses primarily on ownership, operation, development and redevelopment of supermarket-anchored shopping centers in nine mid-Atlantic and New England states. The Company has realized significant growth in assets and has completed a number of developments and redevelopments of retail properties since its public offering in October 2003. The Company presently owns and operates 119 properties aggregating approximately 12.1 million square feet of gross leasable area. The Company also owns a substantial pipeline of development properties as well as approximately 338 acres in primarily unimproved development parcels. As a REIT, capital gains are accounted for differently, so please consult with a tax advisor.

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