Cedar Realty Trust, Inc. · Port Washington, NY United States
(NYSE: CDR)
44 S. Bayles Ave., Ste. 304 | Phone: 516-767-6492 |
| Port Washington, NY | Fax: 516-767-6497 |
| 11050 | Toll Free: 800-564-3128 |
| United States |
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| S&P 600 | Russell 2000 (June 2011) |
Company Description
Cedar Realty Trust (formerly Cedar Shopping Centers) has tended its portfolio from a sapling to a full-grown evergreen. The self-managed real estate investment trust (REIT) owns, develops, and manages retail space, mainly supermarket- or drug store-anchored strip centers in the Northeast and Mid-Atlantic. It owns about 130 properties totaling some 15 million sq. ft. of leasable space, as well as some 200 acres of developable land. Its portfolio spans nine states, with the heaviest concentration in Pennsylvania, Massachusetts, and Connecticut. Major tenants include Giant Foods (10% of rental revenues), Discount Drug Mart, and CVS. The REIT usually redevelops or expands existing properties after it buys them.

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