SOUTHFIELD, Mich., Dec. 7 /PRNewswire/ -- Ramco-Gershenson Properties
Trust (NYSE: RPT) announced today that it has closed on the sale of a free
standing Toys R Us store located in Commack, New York.  The sale price was
approximately $3.6 million.  Proceeds from the sale will be used for general
corporate purposes.
    "The sale of this property is consistent with our overall business plan to
dispose of non-strategic assets which do not fit our parameters for growth,"
said Dennis Gershenson, president and chief executive officer.  "The proceeds
from this sale will allow us to re-deploy the capital into other opportunities
resulting in better returns."
    Ramco-Gershenson Properties Trust has a portfolio of 55 shopping centers,
with approximately 10.6 million square feet of gross leasable area, located in
Michigan, Ohio, Wisconsin, New York, New Jersey, Maryland, Virginia, North
Carolina, South Carolina, Tennessee, Georgia, Alabama and Florida.
Headquartered in Southfield, Michigan, the Company is a fully integrated,
self-administered, publicly-traded real estate investment trust (REIT).  The
Trust owns, develops, acquires and manages community shopping centers,
regional malls and single tenant retail properties, nationally.
    This press release contains forward-looking statements with respect
to the operation of certain of the Trust's properties.  Management of
Ramco-Gershenson believes the expectations reflected in the forward-looking
statements made in this document are based on reasonable assumptions.  Certain
factors could occur that might cause actual results to vary.  These include
general economic conditions, the strength of key industries in the cities in
which the Trust's properties are located, the performance of the Trust's
tenants at the Trust's properties and elsewhere, and other factors discussed
in the Trust's reports filed with the Securities and Exchange Commission.

    For more information on Ramco-Gershenson Properties Trust via facsimile at
no cost, simply dial 1-800-PRO-INFO and enter the company code RPT.

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