<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE PRICE
DEVELOPMENT COMPANY LIMITED PARTNERSHIP FORM 10-Q FOR THE PERIOD ENDED
SEPTEMBER 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   9-MOS                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998          DEC-31-1997
<PERIOD-END>                               SEP-30-1998          SEP-30-1997
<CASH>                                          $5,228               $8,068
<SECURITIES>                                         0                    0
<RECEIVABLES>                                        0<F1>                0<F1>
<ALLOWANCES>                                         0<F1>                0<F1>
<INVENTORY>                                          0                    0
<CURRENT-ASSETS>                                     0<F2>                0<F2>
<PP&E>                                               0<F1>                0<F1>
<DEPRECIATION>                                       0<F1>                0<F1>
<TOTAL-ASSETS>                                 713,046              545,684
<CURRENT-LIABILITIES>                                0<F2>                0<F2>
<BONDS>                                              0                    0
<PREFERRED-MANDATORY>                                0                    0
<PREFERRED>                                          0                    0
<COMMON>                                             0                    0
<OTHER-SE>                                           0                    0
<TOTAL-LIABILITY-AND-EQUITY>                   713,046              545,684
<SALES>                                              0                    0
<TOTAL-REVENUES>                                74,832               58,765
<CGS>                                                0                    0
<TOTAL-COSTS>                                        0                    0
<OTHER-EXPENSES>                                39,346<F3>           28,944<F4>
<LOSS-PROVISION>                                     0                    0
<INTEREST-EXPENSE>                              13,359                5,899
<INCOME-PRETAX>                                      0                    0
<INCOME-TAX>                                         0                    0
<INCOME-CONTINUING>                                  0                    0
<DISCONTINUED>                                       0                    0
<EXTRAORDINARY>                                      0                    0
<CHANGES>                                            0                    0
<NET-INCOME>                                    22,060               23,962
<EPS-PRIMARY>                                     1.04<F5>             1.14<F5>
<EPS-DILUTED>                                     1.03<F5>             1.13<F5>
<FN>
<F1>The Company utilizes a condensed balance sheet format for 10-Q reporting.
Amounts are included in Other Assets.
<F2>The financial statements reflect an unclassifed balance sheet due to the
nature of the Company's industry - Real Estate.
<F3>Amount is comprised of $52,705 of expenses less interest expense of $13,359
reflected elsewhere in this Financial Data Schedule.
<F4>Amount is comprised of $34,843 of expenses less interest expense of $5,899
reflected elsewhere in this Financial Data Schedule.
<F5>Amount reflects new standard of FAS 128 for Basic Earnings Per Share and
Diluted Earnings Per Share.
</FN>
        


</TABLE>