Ramco-Gershenson Properties Trust is a publicly-traded real estate investment trust that invests in shopping centers. As of December 31, 2016, the company owned 65 shopping centers comprising 14.5 million square feet.
In 1955, Aaron & William Gershenson founded A & W Management Company.
In 1975, William Gershenson's 4 sons: Joel, Dennis, Richard and Bruce, along with associate Mike Ward took over leadership of the company, with each son responsible for a different division.
In the late 1970s and early 1980s, the company developed 35 KMart stores.
In 1996, the company merged with RPS Realty Trust and became a public company via a reverse merger, changing its name to Ramco-Gershenson Properties Trust.
In 2001, the company acquired West Acres Commons Shopping Center for $10.8 million.
In 2004, the company acquired 7 properties for $138.3 million.
In 2012, the company acquired Central Plaza for $21.6 million.
In 2013, the company acquired Deerfield Towne Center for $97 million.
In 2014, the company acquired properties in Minneapolis-St. Paul and Cincinnati for $150 million.
In 2016, the company acquired Centennial Shops for $32.1 million and sold 2 shopping centers in Michigan.
In 2017, the company was added to the S&P 600. The company also sold Oak Brook Square Shopping Center.