RPT Realty was a real estate investment trust that owned and operated open-air shopping centers.
As of December 31, 2022, the company owned 44 wholly-owned shopping centers, 13 shopping centers owned through its grocery anchored joint venture, and 48 retail properties owned through its net lease joint venture comprising 15 million square feet.
[2] In 1975, William Gershenson's four sons, Joel, Dennis, Richard, and Bruce Alan, along with Mike Ward, founded Ramco Gershenson, with each partner responsible for a different division of the Company.
[2][3] In the late 1970s and early 1980s, the company developed 35 Kmart stores.
[4] The company changed its name to RAMCO in May 2018[5] and RPT Realty in October 2018.