| Business Summary | | Center
Trust,
Inc.
is
a
self-administered
and
self-managed
real
estate
investment
trust
(REIT).
The
Company
engages
in
the
ownership,
management,
leasing,
acquisition,
development
and
redevelopment
of
retail
shopping
centers
in
the
western
United
States.
As
of
December
31,
2000,
the
Company's
Properties
consisted
of
35
community
shopping
centers,
two
regional
malls
and
four
single-tenant
facilities,
containing,
in
the
aggregate,
approximately
8.8
million
square
feet
of
total
shopping
center
gross
leaseable
area.
The
Company
has
focused
its
efforts
on
four
key
markets,
which
include
the
Pacific
Northwest,
Northern
and
Southern
California,
and
the
Southwest. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CTA
is
a
self-administered
and
self-managed
REIT.
The
Company
engages
in
the
ownership,
acquisition,
management,
development,
redevelopment
and
leasing
of
retail
shopping
centers.
For
the
six
months
ended
6/30/01,
revenues
fell
28%
to
$50.1
million.
Net
loss
before
extraordinary
item
totalled
$3.5
million
vs.
an
income
of
$14.7
million.
Results
reflect
the
sale
of
16
community
shopping
centers
and
four
single
tenant
facilities
and
the
inclusion
of
a
$2.6
million
reorganization
cost. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Edward Fox, 53 Chairman,
Pres and CEO | $1.2M | Stuart Gulland, 39 COO,
Chief Financial Officer, Sr. VP, Director | 672K | Edward Stokx, 35 Sr.
VP- Fin. | 223K | Steven Jaffe, 39 Sr.
VP, Gen. Counsel and Corp. Sec. | 297K | Joseph Paggi, Jr., 63 Sr.
VP, Assets | 258K | 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
|
|