West Coast developer/owner/manager Center Trust joins the Russell 3000 Index this month. The Manhattan Beach, Calif.-based REIT ranked No. 54 on Shopping Center World’sof top owners for 2002 with a portfolio of almost 8 million sq. ft. Center Trust was also No. 65 on Shopping Center World’s ranking of top managers in 2002.
The Russell 3000 Index, compiled annually by Frank Russell Co., is determined by market cap rankings and style attributes. Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in either the small-cap Russell 2000 Index or large-cap Russell 1000 Index as well as related style indexes.