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  September 5, 2001
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Home > Company Index > Real Estate > REIT - Retail > Crown American Realty Trust

Crown American Realty Trust
NYSE: CWN
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 PROFILE
Teenagers throughout the mid-Atlantic states can thank Crown American Realty Trust for the food courts in which they hang out. The real estate investment trust (REIT) acquires, owns, manages, leases, and develops enclosed shopping malls. Its portfolio includes more than 25 malls, mostly in Pennsylvania, but also in Georgia, Maryland, New Jersey, Tennessee, Virginia, and West Virginia. Crown American Realty Trust also owns an office building, as well as miscellaneous acreage (usually adjacent to the malls). Mark Pasquerilla, the REIT's chairman and CEO who took over the leadership of Crown American on the death of his father, founder Frank Pasquerilla, owns 15% of the REIT.

 COMPETITION
General Growth Properties, Inc. (GGP)
Prime Retail, Inc. (PRT)
Simon Property Group, Inc. (SPG)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 171.10
1-Yr. Sales Growth: 6.3%
Employees: 516
Revenue per employee: $331,589.15

 KEY PEOPLE
• Mark E. Pasquerilla
    CEO
• Terry L. Stevens
    CFO

 CONTACT INFO
Pasquerilla Plaza
Johnstown, PA 15901
US
Phone: 814-536-4441
Fax: 814-535-9343
Online: Web Site

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