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Home > Company Index > Real Estate > REIT - Diversified & Misc. > Prime Group Realty Trust

Prime Group Realty Trust
NYSE: PGE
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 NEWS FROM THE WIRES
UK Stocks Outlook-Still constrained by company woes
Aug 24 2001 06:59 AM PDT

Prime Group Realty gets $219.8 mln buyout offer
Aug 24 2001 06:57 AM PDT

More WIRE STORIES about this company

 PROFILE
Prime Group Realty Trust holds a prime cut of the Windy City. Prime Group is a real estate investment trust (REIT) that owns, develops, manages, and finances office and industrial properties in the Midwest and Tennessee, but primarily in the Chicago area. The company owns about 30 industrial properties (mainly warehouses, distribution centers, and manufacturing plants) and more than 25 office properties. The REIT also owns or has acquisition rights to more than 350 acres of developable land, including choice lots in downtown Chicago. Subsidiary Prime Group Realty Services offers property management services to third parties. Chairman Michael Reschke and entities associated with him own about 54% of the company.

 COMPETITION
CarrAmerica Realty Corporation (CRE)
CenterPoint Properties Trust (CNT)
Great Lakes REIT (GL)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 221.20
1-Yr. Sales Growth: (11.4)%
Employees: 210
Revenue per employee: $1,053,333.33

 KEY PEOPLE
• Richard S. Curto
    CEO
• Louis G. Conforti
    CFO

 CONTACT INFO
77 W. Wacker Dr., Ste. 3900
Chicago, IL 60601
US
Phone: 312-917-1300
Fax: 312-917-1310
Online: Web Site

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