RPC Real Estate LLC, Retail Profit Centers, (“RPC”) was established in February, 2005 by Jeffrey D. Hipple and Catherine I. Hipple to purchase undervalued and under performing neighborhood convenience shopping centers located in New Jersey, Pennsylvania and Delaware.  RPC acquired four projects totaling $39.3 million its first year. An additional $28.6 million in two projects (six properties) was purchased by the end of 2006. The RPC managed and leased portfolio at December 2008 is 543,860 sf with a $77.2 Million cost. The portfolio consists of over 150 tenants.

Statement of Purpose

          RPC identifies small retail centers that are undervalued or that present a “value added” opportunity. RPC participates in the acquisition, ownership and operation of such real estate properties. All property management and leasing functions are handled out of the corporate office in Cherry Hill, NJ.