Name of Issuer Centertrust Retail Property Inc.
Title of Class of Securities common
CUSIP Number 152038105
Date of Event Which Requires Filing this Statement
12/31/98
#1 Alex. Brown Investment Management, A Maryland Limited
Partnership
52-1349876
#4 Maryland
#5 686,700
#6 0
#7 1,050,900
#8 0
#9 1,050,900
#11 4.1%
#12 PN IA
Item 1.
(a) Centertrust Retail Property Inc.
(b) 3500 Sepulveda Boulevard
Manhattan Beach, CA 90266
Item 2.
(a) Alex. Brown Investment Management, a Maryland Limited
Partnership,
and a registered investment advisor.
(b) One South Street
Baltimore, MD 21202
(c) The firm is organized under the laws of Maryland.
The individual general partner is a citizen of the
United States of America.
(d) common
(e) 152038105
Item 3.
(a)
(b)
(c)
(d)
X (e)
(f)
(g)
(h)
Item 4.
(a) 1,050,900 shares of common stock
(b) 4.1%
(c)
(i) 686,700 shares
(ii) 0 shares
(iii) 1,050,900 shares
(iv) 0 shares
Item 5. X
Item 6. Not Applicable
Item 7. Not Applicable
Item 8. Not Applicable
Item 9. Not applicable
Item 10.
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to
above were acquired in the ordinary course of
business and were not acquired for the purpose of
and do not have the effect of changing or
influencing the control of the issuer of such
securities and were not acquired in connection
with or as a participant in any transaction having
such purpose or effect.
Signature:
After reasonable inquiry and to the best of my
knowledge and belief, I certify that information
set forth in this statement is true, complete and
correct.
ALEX. BROWN INVESTMENT MANAGEMENT
A Maryland Limited Partnership
By:
J. Dorsey Brown, III
Chief Executive Officer
Date: February 12, 1999
