| Business Summary | | ProLogis
Trust
is
a
real
estate
investment
trust
that
operates
a
global
network
of
industrial
distribution
facilities.
ProLogis
owns
171.7
million
square
feet
of
industrial
distribution
facilities
operating
or
under
development
in
North
America
and
Europe.
Additionally,
ProLogis
owns,
operates
under
lease
agreements
or
has
under
development
369.9
million
cubic
feet
of
temperature-controlled
distribution
facilities,
including
35.5
million
cubic
feet
of
dry
distribution
space
located
in
temperature-controlled
distribution
facilities,
located
in
the
United
States
and
Europe.
This
network
of
distribution
facilities
makes
ProLogis
the
largest
publicly
held
U.S.-based
global
owner
and
lessor
of
industrial
distribution
and
temperature-controlled
distribution
facilities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ProLogis
is
a
REIT
that
provides
the
distribution
space
needs
of
international,
national,
regional
and
local
industrial
real
estate
users.
For
the
six
months
ended
6/30/01,
revenues
increased
3%
to
$325.7
million.
Net
income
applicable
to
Common
increased
37%
to
$88.6
million.
Revenues
reflect
increased
distribution
facilities
services
income.
Net
income
also
reflects
decreased
rental
and
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| K. Dane Brooksher, 62 Chairman
and CEO | $1.5M | Walter Rakowich, 43 Managing
Director and CFO | 636K | Irving Lyons III, 51 CIO,
Pres | 967K | 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
|
|