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Home > Company Index > Real Estate > REIT - Retail > Malan Realty Investors, Inc.

Malan Realty Investors, Inc.
NYSE: MAL
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 NEWS FROM THE WIRES
Magellan earnings higher as output improves
Aug 14 2001 01:43 PM PDT

More WIRE STORIES about this company

 PROFILE
Malan Realty Investors likes Marts of the K and Wal varieties. The real estate investment trust (REIT) specializes in community shopping centers and freestanding retail stores. It owns or operates more than 60 properties (with about six million sq. ft. of leasable space) in about a dozen primarily Midwest states, with most of its holdings in Illinois and Kansas. Targeting small and medium-sized Midwest communities, Malan buys and renovates properties anchored by Kmart, which leases more than 75% of the company's available space and accounts for about 50% of its rental revenues. Malan is working to reduce its dependence on Kmart stores by adding such tenants as Wal-Mart.

 COMPETITION
Agree Realty Corporation (ADC)
Glimcher Realty Trust (GRT)
Ramco-Gershenson Properties Trust (RPT)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 45.00
1-Yr. Sales Growth: 0.2%
Employees: 22
Revenue per employee: $2,045,454.55

 KEY PEOPLE
• Jeffrey D. Lewis
    CEO
• Elliott J. Broderick
    CFO

 CONTACT INFO
30200 Telegraph Rd., Ste. 105
Bingham Farms, MI 48025
US
Phone: 248-644-7110
Fax: 248-644-7880
Online: Web Site

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