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Home > Company Index > Real Estate > REIT - Retail > Pan Pacific Retail Properties, Inc.

Pan Pacific Retail Properties, Inc.
NYSE: PNP
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 PROFILE
Pan Pacific Retail Properties (formerly Pan Pacific Realty Corp.) is a real estate investment trust (REIT) focusing primarily on neighborhood shopping centers on the West Coast. The REIT owns and manages about 110 properties covering more than 15 million sq. ft. Pan Pacific's major tenants include Raley's, Albertson's, Safeway, and Wal-Mart. Chairman and CEO Stuart Tanz and his family own Canadian real estate firm Revenue Properties Company, which owns over a quarter of the REIT. Pan Pacific has grown primarily through acquisition rather than new development; it nearly doubled in size when it bought Western Properties Trust and its California-focused portfolio.

 COMPETITION
Commercial Net Lease Realty, Inc. (NNN)
Kramont Realty Trust (KRT)
Realty Income Corporation (O)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 120.50
1-Yr. Sales Growth: 19.2%
Employees: 100
Revenue per employee: $1,205,000.00

 KEY PEOPLE
• Stuart A. Tanz
    CEO
• Joseph B. Tyson
    CFO

 CONTACT INFO
1631 S. Melrose Dr., Ste. B
Vista, CA 92083
US
Phone: 760-727-1002
Fax: 760-727-1430
Online: Web Site

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