The results of SCW's 15th annual ranking of the Top 50 Shopping Center Managers are in, and it seems the big are still getting bigger. Indianapolis-based Simon remains the undisputed champion, with 187 million sq. ft. of GLA in its management portfolio. The REIT added 22 million sq. ft. to its family of properties, and remains a daunting distance ahead of its nearest competitor, Chicago-based General Growth Properties.

Smaller companies need not be intimidated, however. Acquisitions and mergers can change a distant contender into a Top 10 power player. Take Atlanta-based Jones Lang LaSalle, for example. As LaSalle Partners Inc., the company managed 37 million sq. ft. of GLA and ranked No. 12 in the 1999 survey.

But a March 1999 merger with London-based Jones Lang Wootton changed the company's fortunes quickly, doubling its portfolio. Now, Jones Lang LaSalle ranks No. 3, with responsibility for 73 million sq. ft. of GLA.

Another big mover for 2000 is The RREEF Funds, Chicago. The company jumped an incredible 22 spots, from No. 43 to No. 21. How did they do it? In 1999, RREEF made 63 acquisitions for a total investment of $2 billion.

Inland Real Estate Investment Corp., Oak Brook, Ill., leaped nine spots from its position on last year's survey. An active acquisitions roster and a penchant for net lease deals took the company that calls itself Wal-Mart's largest private landlord from No. 34 to No. 25.

Seven new names appear on this year's survey. The most notable are No. 24 Madison Marquette, Minnetonka, Minn.; No. 26 Konover Property Trust, Cary, N.C. and No. 28 LendLease Real Estate Investments, Atlanta.

1999 was not a year of growing portfolios for everyone. New York-based Insignia/ESG dropped 11 spots, and Rockville, Md.-based Federal Realty Investment Trust fell 10 spots as both companies' management GLA decreased in '99. And Philadelphia-based Pennsylvania Real Estate Investment Trust, ranked No. 28 in 1999, fell off the Top 50 chart in 2000, landing at No. 51.

This year's Top 50 firms manage an aggregate 1.5 billion sq. ft. of GLA, 71% of which is controlled by our Top 20 managers. The remaining 437 million sq. ft. lie in the hands of 30 smaller but tenacious companies that continue to keep an eye on the future.

1 Simon Property Group 115 W. Washington St.

Indianapolis, IN 46204

Ph.: (317) 636-1600

Fax: (317) 685-7221

Website: www.simon.com

Total GLA Managed: 187,000,000 sq. ft. Co-Chmn., Melvin Simon; Co-Chmn., Herbert Simon; CEO, David Simon; Vice Chmn., Hans Mautner; Pres./COO, Richard S. Sokolov; EVP, Corp. Dev., Randy Foxworthy; EVP, Prop. Dev., Jerry Garvey; EVP, Leasing, Jim Napoli; EVP, Prop. Mgmt., John Neutzling; Gen. Counsel, James Barkley; Treas., Steve Sterrett

2 General Growth Properties 110 N. Wacker Drive

Chicago, IL 60707

Ph.: (312) 960-5000

Fax: (312) 960-5475

Website: www.generalgrowth.com

Total GLA Managed: 105,000,000 sq. ft. CEO, John Bucksbaum; Pres./COO, Bob Michaels; Chmn., Matthew Bucksbaum; SVP, Leasing, Scott Keeney; SVP, Leasing, Libby Lassiter; SVP, Leasing, Rob Wyant; SVP, Asset Mgmt., Randy Richardson; SVP, Asset Mgmt., John Millar; SVP, Asset Mgmt., Jean Schlemmer; CFO, Bernard Freibaum; SVP, Dev., Jon Batosole; VP, Corp. Comm., Wally Brewster

3 Jones Lang LaSalle 3500 Piedmont Road NE Ste. 600

Atlanta, GA 30305

Ph.: (404) 995-6300

Fax: (404) 233-4744

Website: www.joneslanglasalle.com

Total GLA Managed: 72,929,494 sq. ft. Pres./CEO of Retail/Americas, Robert F. Welanetz; Pres./CEO of Retail/Europe, John A. Milligan; Pres./CEO of Retail/Asia, Belinda K. Griffiths; Pres./CEO of Retail/Australasia, Steve Wakeham; COO/Americas, John H. Padgham; SVP, Prop. Mgmt/Americas, Gregory T. Maloney; SVP, Leasing/Americas, David W. Hull; SVP, Dev. Svcs./Americas, Gary L. Farmer; VP, Corp. Mktg./ Americas, Gayle S. Kantro; VP, Corp. Finance/Americas, Jane B. Benefield

4 Westfield Holdings Ltd. 11601 Wilshire Blvd. 12th Floor

Los Angeles, CA 90025

Ph.: (310) 478-4456

Fax: (310) 478-1267

Website: www.westfieldamerica.com

Total GLA Managed: 61,210,000 sq. ft. Chmn., Frank P. Lowy; Co-Pres., Richard E. Green; Co-Pres., Peter Lowy; EVP, Roger Burghdorf; EVP, Scott Grossman; CFO, Mark Stefanek; EVP, Dimitri Vazelakis; EVP, Randall J. Smith

5 Kimco Realty Corp. 3333 New Hyde Park Road Ste. 100

New Hyde Park, NY 11042-0020

Ph.: (516) 869-9000

Fax: (516) 869-7250

Website: www.kimcorealty.com

Total GLA Managed: 61,000,000 sq. ft. Chmn. of the Board/CEO, Milton Cooper; Vice Chmn. of the Board/Pres., Michael J. Flynn; VP of Real Estate, Pat Callan; Nat'l Dir. of Prop. Mgmt., Jim Sheuchenko

6 Trammell Crow Co. 2001 Ross Ave., Ste. 3400

Dallas, TX 75201

Ph.: (214) 863-3000

Fax: (214) 863-4250

Website: www.trammellcrow.com

Total GLA Managed: 60,000,000 sq. ft. Pres./CEO, George L. Lippe; Pres., TCC Retail Services, Bill Rothacker; COO, Pryor Blackwell; CFO, Bob Sulentic

7 CB Richard Ellis 333 S. Beaudry Ave.

Los Angeles, CA 90017

Ph.: (213) 613-3123

Fax: (213) 613-3535

Website: www.cbrichardellis.com Total GLA Managed: 57,100,000 sq. ft. (includes CBC/Partners & int'l. portfolio) Exec. Mng. Dir., Marianne Waggoner; Sr. Mng. Dir., Bob Burke; Mng. Dir., Anthony Buono

8 Urban Shopping Centers Inc. 900 N. Michigan Ave. Ste. 1500

Chicago, IL 60611

Ph.: (312) 915-1735

Fax: (312) 915-2001

Total GLA Managed: 55,209,000 sq. ft. Chmn./CEO, Matthew S. Dominski; CFO, Adam S. Metz; COO, Dennis M. Zaslavsky; Pres., Dev. Group, James L. Czech; Pres., Leasing, Ross B. Glickman; Pres., Mgmt., Joseph M. Shrader; EVP/Controller, Len W. Tobiaski; SVP, Mktg., Cynthia S. Bohde

9 The Macerich Co. 401 Wilshire Blvd., Ste. 700

Santa Monica, CA 90401

Ph.: (310) 394-6911

Fax: (310) 394-0632

Website: www.macerich.com

Total GLA Managed: 45,000,000 sq. ft. Chmn. of the Board, Mace Siegel; Pres./CEO, Arthur Coppola; COO/EVP, David Contis; EVP/CFO/Treas., Tom O'Hern; SVP, Lease Mgmt., Tom Unis; SVP, Leasing, Dane Smith; SVP, Mgmt., Charles Waldren; SVP, Real Estate, John Genovese; SVP, Mktg., Susan Valentine

10 Developers Diversified Realty Corp. 3300 Enterprise Pkwy.

Beachwood, OH 44122

Ph.: (216) 755-5500

Fax: (216) 755-1500

Website: www.ddrc.com

Total GLA Managed: 44,800,000 sq. ft. CEO/Chmn. of the Board, Scott Wolstein; Vice Chmn./Chief Investment Officer, James Schoff; Pres./COO, David Jacobstein; CFO, William Schafer; EVP, Dir. of Leasing, Daniel Hurwitz; VP, Dir. of Dev., Eric Mallory; VP, Dir. of Investor Relations, Perry Grueber

11 The Rouse Company 10275 Little Patuxent Pkwy.

Columbia, MD 21044

Ph.: (410) 992-6000

Fax: (410) 992-6363

Website: www.therousecompany.com

Total GLA Managed: 43,822,000 sq. ft. Chmn. of the Board/Pres./CEO, Anthony W. Deering; Vice Chmn./COO, Douglas A. McGregor; SVP/Dir., Retail Leasing, Robert D. Riedy; EVP/CFO, Jeffrey H. Donahue; Dir. of Const., John A.Pattillo; VP/Dir, Specialty Retail and Mktg., Karen C. Weir

12 The Richard E. Jacobs Group Inc. 25425 Center Ridge Road

Cleveland, OH 44145

Ph.: (440) 871-4800

Fax: (440) 808-6905

Website: www.rejacobsgroup.com

Total GLA Managed: 40,750,747 sq. ft. Chmn./CEO, Richard E. Jacobs; Pres./COO, Martin J. Cleary; VP, Retail Leasing, David J. Lewanski; SVP, Stephen L. Huber; EVP, Thomas W. Henneberry; CFO, Judson A. Smith; VP, Design/Const., Thomas P. Schmitz; VP, Mktg. Svcs., William N. Fullington

13 New Plan Excel Realty Trust Inc. 1120 Ave. of the Americas

New York, NY 10036

Ph.: (212) 869-3000

Fax: (212) 869-3989

Website: www.newplanexcel.com

Total GLA Managed: 37,895,056 sq. ft. Chmn. of the Board, William Newman; CEO/Pres., Arnold Laubich; EVP/COO, James Steuterman; EVP, Leasing, James DeCicco; SVP, Fin., Dean Bernstein; VP, Const., David Ozerkis; VP, Asset Mgmt., John Hattrich; Dir. of Mktg., Susan Hunt

14 Benderson Development Co. Inc. 570 Delaware Ave.

Buffalo, NY 14202

Ph.: (716) 886-0211

Fax: (716) 886-2269

Total GLA Managed: 35,135,000 sq. ft. CEO, Nathan Benderson; Pres., Randall Benderson; VP, Acq. and Special Projects, Donald Robinson; VP, Dev., Rex Burgher; Partner, David Feuerstein; Partner, Stephen Goodman; Partner, Wayne Ruben; VP, Fin., Alan S. Wolfson; VP, Const., Vernon R. Varela

15 CBL & Associates Properties Inc. One Park Place

6148 Lee Highway, Ste. 300

Chattanooga, TN 37421-6511

Ph.: (423) 855-0001

Fax: (423) 490-8662

Website: www.cblproperties.com

Total GLA Managed: 34,883,035 sq. ft. Chmn. of the Board/CEO, Charles B. Lebovitz; Pres., Stephen Lebovitz; SVP/Dir. of Corp. Leasing, Eric Snyder; EVP, Ben S. Landress; SVP, Mall Mgmt., Jerry Sink; SVP/ Controller, Gus Stephas; VP, Corp. Relations & Mktg., John R. Martin Jr.

16 The Cafaro Co. 2445 Belmont Ave.

P.O. Box 2186

Youngstown, OH 44505

Ph.: (330) 747-2661

Fax: (330) 743-2902

Website: www.cafarocompany.com

Total GLA Managed: 33,570,933 sq. ft. Pres./CEO, Anthony M. Cafaro Sr.; EVP, J.J. Cafaro; Vice Chmn., Anthony J. Ross; VP, Finance, William A. Cafaro; VP, Anthony M. Cafaro Jr.; VP, Mktg., Phyllis C. Cafaro; VP/Asst. Treas., Flora M. Cafaro; SVP, Norman W. Peters; Treas./CFO, Dominic Rosselli Jr.

17 Glimcher Realty Trust 20 S. Third St.

Columbus, OH 43215

Ph.: (614) 621-9000

Fax: (614) 621-9351

Website: www.glimcher.com

Total GLA Managed: 30,700,000 sq. ft. Chmn./Pres./CEO, Herbert Glimcher; EVP/CFO/COO, William G. Cornely; EVP, Michael P. Glimcher; SVP, Prop. Mgmt., John P. Hoeller; SVP, Const. Svcs., William R. Husted; VP, Corp. Comm. & Mktg., Marie Izzo Cartwight

18 Taubman Centers Inc. 200 E. Long Lake Road P.O. Box 200, Ste.300

Blooomfield Hills, MI 48303-0200

Ph.: (248) 258-6800

Fax: (248) 258-7596

Website: www.taubman.com

Total GLA Managed: 29,700,000 sq. ft. Pres./CEO, Robert S. Taubman; EVP/CFO, Lisa A. Payne; EVP, William S. Taubman; SVP, Const., Jeffrey K. Armitage; SVP, Planning & Design, Carl F. Hagelman; SVP/Mng. Dir., Dev., John Simon; SVP/Treas., Steven E. Eder; SVP, Center Oper., Denise Anton; SVP, Leasing, Douglas Lucey; VP, Mktg., Carol Gies

19 Regency Realty Corp. 121 W. Forsyth St. Ste. 200

Jacksonville, FL 32202

Ph.: (214) 696-9500

Fax: (904) 634-3428

Website: www.regencyrealty.com

Total GLA Managed: 25,792,507 sq. ft. Chmn./CEO, Martin E. Stein; Pres./COO, Mary Lou Fiala; CFO, Bruce Johnson; SVP, Mktg. & Merchandising, Linda Bauer

20 Cambridge Shopping Centres Ltd. 95 Wellington St. West Ste. 300

Toronto, ON

Ph.: (416) 369-1200

Fax: (416) 369-1327

Website: www.cambridgemalls.com

Total GLA Managed: 25,700,000 sq. ft. Pres./CEO, J. Lorne Braithwaite; EVP/CFO, Bill Biggar; VP, Leasing, Barry McKay; SVP, Asset Mgt., Ron Meiers; EVP/COO, Kim McInnes; VP, Fin., Norman Pandachuck; VP, Design & Const., Stewart Crawford

21 The RREEF Funds 875 N. Michigan Ave. 41st Floor

Chicago, IL 60611

Ph.: (312) 266-9300

Fax: (312) 266-9346

Website: www.rreef.com

Total GLA Managed: 22,861,862 sq. ft. Mng. Principal, Donald A. King Jr.; Principal, Prop. Mgmt., Robert J. Navratil; Principal, Oper., Paula M. Ferkull; Principal, Client Relations, Stephen M. Steppe

22 Zamias Services Inc. 300 Market St.

Johnstown, PA 15901

Ph.: (814) 535-3563

Fax: (814) 536-5505

Total GLA Managed: 22,633,291 sq. ft. Pres./CEO, Damian Zamias; Chmn., Sam Zamias; Vice Chmn., Stephen Zamias; SVP, Leasing, Perry Russ; EVP, Don Borkland;

First VP, Prop. Mgmt., Bryan Templin; SVP, Real Estate, Brad Lebovitz; SVP, Const., Judy Widrig; VP, Mktg., Melinda Batchelor

23 Weingarten Realty Investors 2600 Citadel Plaza Drive Ste. 300

Houston, TX 77008

Ph.: (713) 866-6000

Fax: (713) 866-6049

Website: www.weingarten.com

Total GLA Managed: 22,152,394 sq. ft. Chmn./CEO, Stanford Alexander; Vice Chmn., Martin Debrovner; Pres., Drew Alexander; EVP/CFO, Joseph W. (Bill) Robertson; VP/Const., John Marcisz

24 Madison Marquette Realty Services 11100 Wayzata Blvd., Ste. 601

Minnetonka, MN 55305-1544

Ph.: (612) 852-5201

Fax: (612) 852-5201

Total GLA Managed: 20,016,000 sq. ft. CEO/Chmn., John Boorn; Pres., Greg Karlen; SVP/CFO, Lou Mitsch; VP, Leasing, Jim Larson; VP, Asset Mgmt., Craig Estrem; VP, Fin. Planning & Oper., Ken Seifert; VP, Const. Scvs., Dale Everson; VP of Mktg., Joan Suko

25 Inland Real Estate Investment Corp.; Inland Commercial 2901 Butterfield Road

Oak Brook, IL 60523

Ph.: (630) 218-8000

Fax: (630) 218-4917

Website: www.inlandgroup.com

Total GLA Managed: 19,598,738 sq. ft. Chmn., Inland Real Estate Investment Corp., Robert D. Parks; VP, Inland Real Estate Investment Corp., Mark E. Zalatoris; Chmn., Inland Commercial Prop. Mgmt., Norm Treonis; Pres., Inland Commercial Property Mgmt., Scott Carr; VP, Inland Commercial Property Mgmt., Kristi Rankin; Asst. VP, Inland Commercial Property Mgmt., Charles Cimorelli

26 Konover Property Trust; RMC/Konover Property Trust 11000 Regency Pkwy. Ste. 300

Cary, NC 27511

Ph.: (919) 462-8787

Fax: (919) 462-8799

Website: www.konovertrust.com

Total GLA Managed: 18,601,000 sq. ft. Pres./CEO, C. Cammack Morton; EVP/CFO, Patrick M. Miniutti; EVP, Mgmt., Christopher G. Gavrelis; EVP/COO, William H. Neville; SVP, Dev. & Const., Ted James Powell; SVP, Fin. & Investor Relations, Linda M. Swearingen; SVP, Mktg. & PR, Charlotte Ellis; SVP, Leasing, Celia A. Wing; Pres., RMC/Konover Property Trust, Susie Rice

27 RD Management Corp. 810 Seventh Ave., 28th Floor

New York, NY 10019

Ph.: (212) 265-6600

Fax: (212) 459-9133

Website: www.rdmanagement.com

Total GLA Managed: 18,242,974 sq. ft. Pres., Walter R. Samuels; Chmn. of the Board, Jay Furman; EVP, Robert P. Murray; VP, Dir. of Leasing, Mary Ann Savarese

28 Lend Lease Real Estate Investments 950 E. Paces Ferry Road Ste. 3200

Atlanta, GA 30326

Ph.: (404) 231-0400

Fax: (404) 364-5702

Total GLA Managed: 17,882,052 sq. ft. CEO, Richard Clarke; CEO, Matthew Banks; Pres., Paul Dolinoy; COO, Ray D'Ardenne

29 Edens & Avant Ste. 900, Bank of America Plaza 1901 Main St.

Columbia, SC 29201

Ph.: (803) 779-4420

Fax: (803) 799-1599

Website: www.edensandavant.com

Total GLA Managed: 17,500,000 sq. ft. Chmn./CEO, Joe Edens; Chief Investment Officer, Jodie McLean; Pres./COO, John Lumpkin; VP, Retail Leasing, Earl Kurtz; VP, Prop. Mgmt., Hal Cottingham; CFO, Jay Matera; VP, Design & Const. Admin., Joe Edens II; VP, Design & Const. Admin., Ray Weston Jr.; Dir., Corp. Mktg. & Comm., Susan B. Sale

30 Wilmorite Inc. 1265 Scottsville Road

Rochester, NY 14626

Ph.: (716) 464-9400

Fax: (716) 464-0706

Website: www.wilmorite.com

Total GLA Managed: 16,221,000 sq. ft. Chmn. of the Board, Thomas C. Wilmot; Vice Chmn., Mgmt., James R. Wilmot; Pres., John W. Anderson; VP, Leasing, Douglas Healey; VP, Dev., Alfred W. Friedrich; VP, Const., Douglas Morrow; VP, Dir. of Mktg., John R. Kraus; VP, Dir. of Mktg. Research, Alan J. Langlois; Dir. of New Ventures, William Cappelletti

31 Kravco Company 234 Mall Blvd., P.O. Box 1528

King of Prussia, PA 19406

Ph.: (610) 768-6300

Fax: (610) 768-6444

Website: www.kravco.com

Total GLA Managed: 16,105,835 sq. ft. Chmn., Wayne L. Snyder; Pres., Lewis I. Gantman; VP, Leasing, Lloyd Miller; VP, Mgmt., Clinton Cochran; VP, New Business & Acq., Jon R. Powell; VP/CFO, M. J. Morrow; VP, David Mack; VP, Admin. & Corp. P.R., Despina F. Page; VP, Dev., Joseph C. Esposito

32 Bradley Real Estate 40 Skokie Blvd., Ste. 600

Northbrook, IL 60062

Ph.: (847) 272-9800

Fax: (847) 480-1893

Website: www.bradleyrealestate.com

Total GLA Managed: 16,000,000 sq. ft. Chmn./CEO/Pres., Thomas P. D'Arcy; EVP, Steven St. Peter; EVP, Asset Mgmt., E. Paul Dunn; EVP/CFO, Irving Lingo Jr.; VP, Const., Frank Comber; SVP, Marianne Dunn

33 Crown American Realty Trust Pasquerilla Plaza

Johnstown, PA 15901

Ph.: (814) 536-4441

Fax: (814) 535-9486

Website: www.crownam.com

Total GLA Managed: 15,993,000 sq. ft. Chmn./CEO, Mark Pasquerilla; CFO, Terry Stevens; EVP, Asset Mgmt., Tom Stephenson; SVP, Leasing, Robert Griffith; VP, Corp. Comm. & Mktg., Christine Menna

34 Forest City Enterprises Inc. 1100 Terminal Tower 50 Public Square

Cleveland, OH 44113

Ph.: (216) 621-6060

Fax: (216) 523-1431

Website: www.fceinc.com

Total GLA Managed: 15,509,000 sq. ft. Pres./CEO, Charles A. Ratner; EVP, James A. Ratner; SVP, Retail Leasing, Michael E. Stevens; EVP, Shopping Center Div., David J. Favorite; EVP/COO, David J. LaRue; SVP/CFO/Sec., Thomas G. Smith; Pres., Forest City Commercial, Glenn G. Moenich; SVP, Mktg., Nancy W. McCann

35 The Mills Corp. 1300 Wilson Blvd., Ste. 400

Arlington, VA 22209

Ph.: (703) 526-5000

Fax: (703) 526-5111

Website: www.millscorp.com

Total GLA Managed: 15,100,000 sq. ft. CEO, Larry Siegel; Pres./COO, Peter McMillan; Sr. EVP, Dev., Jim Dausch; EVP, Leasing, Judith Berson; EVP, Mgmt., Kent Digby; EVP, Fin./CFO, Ken Parent; EVP/Chief Strategic Officer, Mark Rivers

36 Insignia/ESG 200 Park Ave.

New York, NY 10166

Ph.: (212) 984-8000

Fax: (212) 984-8040

Website: www.insigniaesg.com

Total GLA Managed: 15,000,000 sq. ft. Chmn./CEO, Stephen B. Siegel; Pres./COO, Ronald Uretta; Pres., U.S. Transaction Svcs., Mitchell E. Rudin; Pres., U.S. Prop. Svcs., John G. Combs

37 Colonial Properties Trust 2101 Sixth Ave., North Ste. 750

Birmingham, AL 35203-2775

Ph.: (205) 250-8700

Fax: (205) 250-8890

Website: www.colonialprop.com

Total GLA Managed: 14,981,185 sq. ft. Pres./CEO/Chmn. of the Board, Thomas H. Lowder; EVP, Retail Div., John N. Hughey; SVP, Retail Leasing, Paul C. Glascock; SVP, Retail Mgmt., John L. Moss; COO, C. Reynolds Thompson III; CFO, Howard B. Nelson Jr.; VP, Retail Const., Charles H. McNamee; VP, Corp. Affairs, Linda S. Geiss

38 Prime Retail LP 100 E. Pratt St., 19th Floor

Baltimore, MD 21202

Ph.: (410) 234-6782

Fax: (410) 234-1762

Website: www.primeoutlets.com

Total GLA Managed: 14,800,000 sq. ft. CEO, Abraham Rosenthal; Pres./COO, Glenn D. Reschke; EVP/CFO/Treas., Robert P. Mulreaney; SVP, Oper., Frederick J. Meno; SVP, Dev., R. Bruce Armiger; SVP, Leasing, John S. Mastin; VP, Mktg. & Comm., T. Mitchell Brown

39 Ramco-Gershenson Properties Trust 27600 Northwestern Hwy. Ste. 200

Southfield, MI 48034

Ph.: (248) 728-1526

Fax: (248) 728-1600

Total GLA Managed: 14,568,773 sq. ft. Pres./CEO, Dennis Gershenson; Chmn., Joel Gershenson; VP, Leasing, Ed Eickhoff; SVP, Asset Mgmt., Fred Zantello; COO, Michael Ward; CFO, Richard Smith

40 Mid-America Real Estate Group 2 Mid-America Plaza, Ste. 330

Oakbrook Terrace, IL 60181

Ph.: (630) 954-7300

Fax: (630) 954-7306

Total GLA Managed: 14,360,970 sq. ft. Principal, C. Michelle Panovich; Principal, Richard E. Spinell

41 Aronov Realty 3500 Eastern Blvd.

Montgomery, AL 36109

Ph.: (334) 277-1000

Fax: (334) 272-0747

Website: www.aronov.com

Total GLA Managed: 14,093,686 sq. ft. Chmn./CEO, Jake Aronov; Pres., Owen Aronov; SVP, Shopping Center Operations Group, Bill Coleman; COO, Mike Cox; Comptroller, Jennie Autrey; VP, Const., Steve Tompkins; VP, Mktg., Robin Raiford

42 Westcor Partners 11411 N. Tatum Blvd.

Phoenix, AZ 85028

Ph.: (602) 953-6474

Fax: (602) 494-6118

Website: www.westcor.com

Total GLA Managed: 14,000,000 sq. ft. Pres./CEO, Robert Ward; Chmn., Rusty Lyon; EVP, Robert Mayhall; EVP, Robert Williams; SVP, William P. Whiteside; SVP, Darrell Beach; VP,Tracey Gotsis

43 Federal Realty Investment Trust 1626 E. Jefferson St.

Rockville, MD 20878

Ph.: (301) 998-8100

Fax: (301) 998-3700

Website: www.federalrealty.com

Total GLA Managed: 13,515,000 sq. ft. Pres./CEO, Steven Guttman; SVP/Chief Investment Officer, Ron Kaplan; COO, Mid-Atlantic Region, Jeanne Connor; COO, Northeast Region, Drew Gorman; COO, West Coast Region, Jim Kessler; SVP/COO, Donald Wood; SVP/Chief Dev. Officer, Howard Biel; VP, Corp. Comm., Kathy Klein

44 Donahue Schriber 3501 Jamboree Road, Ste. 300, South Tower

Newport Beach, CA 92660

Ph.: (949) 854-2100

Fax: (949) 854-4251

Website: www.donahueschriber.com

Total GLA Managed: 13,440,023 sq. ft. Chmn., Daniel W. Donahue; Pres., Thomas L. Schriber; EVP/CFO, Bryan W. McGowen; EVP, Asset Mgmt., Patrick S. Donahue; EVP, Dev., David E. Mudgett

45 JDN Realty Corp. 359 E. Paces Ferry Road

Atlanta, GA 30305

Ph.: (404) 262-3252

Fax: (404) 364-6446

Website: www.irinfo.com/jdn

Total GLA Managed: 13,300,000 sq. ft. Chmn./CEO, J. Donald Nichols; Pres., Elizabeth L. Nichols; SVP/CFO, William J. Kerley; VP, Dir. of Leasing, David Henzlik

46 JP Realty Inc. 35 Century Park-Way

Salt Lake City, UT 84115

Ph.: (801) 486-3911

Fax: (801) 486-7653

Website: www.jprealty.com

Total GLA Managed: 13,228,000 sq. ft. CEO, John Price; Pres./COO, G. Rex Frazier; VP, Prop. Mgmt., Greg Curtis; VP/CFO, Scott Collins; VP, Const., Terry Bybee; Corp. Mktg. Dir., Toni Carter; Dir. of Leasing, Dave Fairbourn; Dir. of Oper., Mike Mabey

47 Burnham Pacific 110 W. A St., Ste. 900

San Diego, CA 92101

Ph.: (619) 652-4700

Fax: (619) 652-4711

Website: www.burnhampacific.com

Total GLA Managed: 13,192,000 sq. ft. CEO, J. David Martin; CFO, Daniel B. Platt; Mng. Dir. of Leasing, Terrence Tallen; Natl. Dir. of Asset Mgt., Susan Rorison; COO, Joseph W. Byrne

48 Fletcher Bright Co. 537 Market St., Ste. 400

Chattanooga, TN 37402

Ph.: (423) 755-8830

Fax: (423) 756-1780

Website: www.fbright.com

Total GLA Managed: 13,152,249 sq. ft. Pres., George T. Bright; EVP, Clifford G. Martin

49 Vornado Realty Trust Park 80 West, Plaza II

Saddle Brook, NJ 07645

Ph.: (201) 587-0000

Fax: (201) 587-0060

Total GLA Managed: 12,289,774 sq. ft. Chmn. of the Board, Steven Roth; Pres., Michael D. Fascitelli; EVP, Fin. & Admin., Joseph Macnow; VP, Richard Rowan; Dir. of Real Estate, John Ostrowski;

50 Don M. Casto Organization 209 E. State St.

Columbus, OH 43215

Ph.: (614) 228-5331

Fax: (614) 469-8376

Website: www.donmcasto.com

Total GLA Managed: 12,170,173 sq. ft. Partner, Don M. Casto III; Partner, Frank S. Benson III; Partner/CFO, Steven E. Dutton; Partner, William J. Riat; Dir. of Leasing, Scott V. Barrett; Dir. of Prop. Mgmt., Charles P. Caputo; Dir. of Mktg., Diane Zibell