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  September 5, 2001
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Home > Company Index > Real Estate > REIT - Office > HRPT Properties Trust

HRPT Properties Trust
NYSE: HRP
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 PROFILE
This real estate investment trust (REIT) pared down its name "and" its focus. The former Health and Retirement Properties Trust abbreviated its name and portfolio as well; the company spun off Senior Housing Properties Trust (retaining 49%), which invests in assisted-living facilities, and now concentrates on commercial real estate. The REIT owns almost 190 office properties (about 60% in central business districts) in 27 states and Washington, DC; over half are in Massachusetts, Texas, Pennsylvania, and California. Leases to the US government provide over 15% of revenue. HRPT trustees Gerard Martin and Barry Portnoy own REIT Management & Research, the company that manages the REIT's operations.

 COMPETITION
CarrAmerica Realty Corporation (CRE)
Equity Office Properties Trust (EOP)
Mack-Cali Realty Corporation (CLI)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 463.50
1-Yr. Sales Growth: 9.0%
Employees: 200
Revenue per employee: $2,317,500.00

 KEY PEOPLE
• John A. Mannix
    CEO
• John C. Popeo
    CFO

 CONTACT INFO
400 Centre St.
Newton, MA 02458
US
Phone: 617-332-3990
Fax: 617-332-2261
Online: Web Site

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