| Business Summary | | First
Industrial
Realty
Trust,
Inc.,
organized
in
1993,
is
a
self-administered
and
fully
integrated
real
estate
company
that
owns,
manages,
acquires,
sells
and
develops
industrial
real
estate.
As
of
December
31,
2000,
the
Company's
portfolio
consisted
of
516
light
industrial
properties,
162
bulk
warehouse
properties,
164
R&D/flex
properties,
85
regional
warehouse
properties
and
42
manufacturing
properties
containing
approximately
68.2
million
square
feet
of
GLA
(gross
leasable
area)
located
in
25
states. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | First
Industrial
Realty
is
a
self-administered
and
fully
integrated
REIT
which
owns,
manages,
acquires,
sells
and
develops
industrial
real
estate.
For
the
six
months
ended
6/30/01,
revenues
increased
4%
to
$196.9
million.
Net
income
before
extraordinary
items
applicable
to
Common
increased
37%
to
$58.3
million.
Results
reflect
higher
tenant
recoveries
income
and
an
increase
in
general
rent.
Earnings
also
reflect
higher
gains
on
the
sale
of
industrial
properties. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Jay Shidler, 54 Chairman | -- | -- | Michael Brennan, 44 Pres,
CEO | $1.5M | -- | Michael Havala, 41 CFO,
Treasurer and Sec. | 1.1M | $256K | J. Craig Cosgrove, 39 Managing
Director | -- | -- | Timothy Gudim, 41 Managing
Director of the Company's California region | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|