| Business Summary | | AMB
Property
Corporation
owns
and
operates
industrial
real
estate
nationwide.
As
of
December
31,
2000,
the
Company
owned,
managed,
and
had
renovation
and
development
projects
totaling
92
million
square
feet
and
1,005
buildings
in
27
metropolitan
markets.
Of
this,
the
Company
owned
and
operated
862
industrial
buildings
and
eight
retail
centers,
totaling
approximately
77.0
million
rentable
square
feet.
As
of
December
31,
2000,
these
properties
were
96.3%
leased.
At
the
same
time,
the
Company,
through
its
subsidiary,
AMB
Investment
Management,
Inc.,
also
managed
industrial
buildings
and
retail
centers,
totaling
approximately
4.4
million
rentable
square
feet,
on
behalf
of
various
institutional
investors.
In
addition,
the
Company
has
invested
in
36
industrial
buildings,
totaling
approximately
four
million
rentable
square
feet,
through
an
unconsolidated
joint
venture. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AMB
owns,
manages
and
has
renovation
and
development
properties
totaling
92
million
square
feet
that
comprise
1,005
buildings
in
27
metropolitan
markets.
For
the
six
months
ended
6/01,
revenues
rose
30%
to
$290.9
million.
Net
income
applicable
to
Common
before
extraordinary
item
rose
24%
to
$70.6
million.
Results
reflect
higher
rental
rates
and
increased
investment
management
income,
partially
offset
by
the
inclusion
of
a
$20.8
million
loss
on
investments. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Hamid Moghadam, 44 Chairman,
CEO | $1.0M | W. Blake Baird, 40 Pres | 748K | Michael Coke, 33 CFO,
Exec. VP | 503K | Douglas Abbey, 51 Chairman
and CEO of AMB Investment Management, Inc. | -- | John Roberts, Jr., 37 Pres
of AMB Investment Management, Inc. | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|