| Business Summary | | Commercial
Net
Lease
Realty
Inc.
is
a
fully
integrated,
self-administered
real
estate
investment
trust
that
acquires,
owns
manages
and
indirectly
develops
a
diversified
portfolio
of
high-quality,
freestanding
properties
that
are
generally
leased
to
major
retail
businesses
under
full-credit,
long-term
commercial
net
leases.
The
Company
owns
259
Properties
located
in
35
states
that
are
leased
to
56
major
retail
tenants,
including
Academy,
Barnes
&
Noble,
Bed
Bath
&
Beyond,
Best
Buy,
Borders,
Eckerd,
Food
4
Less,
Good
Guys,
Hi-Lo
Automotive,
OfficeMax,
Sears
Homelife
Centers
and
The
Sports
Authority. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NNN
acquires,
owns,
manages
and
indirectly
develops
a
diversified
portfolio
of
high
quality,
freestanding
properties
leased
to
major
retail
businesses
under
long-term
commercial
net
leases.
For
the
six
months
ended
6/30/01,
revenues
rose
2%
to
$41
million.
Net
income
rose
28%
to
$22
million.
Revenues
reflect
increased
interest
earned
on
mortgages
receivable.
Earnings
also
benefited
from
increased
gains
on
the
sale
of
real
estate. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| James Seneff, Jr., 53 CEO,
Chairman | $241K | Gary Ralston, 49 Pres
and COO | 515K | Robert Bourne, 52 Vice
Chairman | -- | Kevin Habicht, 41 Exec.
VP, CFO, Sec. and Treasurer | 329K | Dollar amounts are as of 31-Dec-1999 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
|
|