<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE JP
REALTY, INC. FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                          <C>               <C>              <C>
<PERIOD-TYPE>                 YEAR              YEAR             YEAR
<FISCAL-YEAR-END>             DEC-31-1998       DEC-31-1997      DEC-31-1996
<PERIOD-END>                  DEC-31-1998       DEC-31-1997      DEC-31-1996
<CASH>                             $5,123            $5,603                0
<SECURITIES>                            0                 0                0
<RECEIVABLES>                      10,454             6,329                0
<ALLOWANCES>                        (741)             (570)                0
<INVENTORY>                             0<F1>             0<F1>            0
<CURRENT-ASSETS>                        0                 0                0
<PP&E>                                  0<F2>             0<F2>            0
<DEPRECIATION>                          0<F2>             0<F2>            0
<TOTAL-ASSETS>                    733,155           545,684                0
<CURRENT-LIABILITIES>                   0<F1>             0<F1>            0
<BONDS>                                 0                 0                0
<PREFERRED-MANDATORY>                   0                 0                0
<PREFERRED>                             0                 0                0
<COMMON>                                2                 2                0
<OTHER-SE>                              0                 0                0
<TOTAL-LIABILITY-AND-EQUITY>      733,155           545,684                0
<SALES>                                 0                 0                0
<TOTAL-REVENUES>                  109,069            82,973           72,949
<CGS>                                   0                 0                0
<TOTAL-COSTS>                           0                 0                0
<OTHER-EXPENSES>                   55,631<F3>        40,844<F4>       36,384<F5>
<LOSS-PROVISION>                        0                 0                0
<INTEREST-EXPENSE>                 20,501             9,066            7,776
<INCOME-PRETAX>                         0                 0                0
<INCOME-TAX>                            0                 0                0
<INCOME-CONTINUING>                     0                 0                0
<DISCONTINUED>                          0                 0                0
<EXTRAORDINARY>                         0             (133)                0
<CHANGES>                               0                 0                0
<NET-INCOME>                       27,950            27,321           23,370
<EPS-PRIMARY>                       $1.59<F6>         $1.56<F6>        $1.46<F6>
<EPS-DILUTED>                       $1.58<F6>         $1.55<F6>        $1.45<F6>
<FN>
<F1>The financial statements reflect an unclassified balance sheet due to the
nature of the Company's industry - Real Estate Investment Trust.
<F2>The Company utilizes a condensed balance sheet format for 10-K reporting.
Amounts are included in Other Assets.
<F3>Amount is comprised of $76,132 of expenses less interest expense of $20,501
reflected elsewhere in this Financial Data Schedule.
<F4>Amount is comprised of $49,910 of expenses less interest expense of $9,066
reflected elsewhere in this Financial Data Schedule.
<F5>Amount is comprised of $44,160 of expenses less interest expense of $7,776
reflected elsewhere in this Financial Data Schedule.
<F6>Amount reflects new standard of FAS 128 for Basic Earnings Per Share and
Diluted Earnings Per Share.
</FN>
        


</TABLE>