| Business Summary | | Public
Storage,
Inc.
is
a
fully
integrated,
self-administered
and
self-managed
real
estate
investment
trust
that
acquires,
develops,
owns
and
operates
storage
facilities.
The
Company
had
direct
and
indirect
equity
investments
in
1,361
storage
facilities,
containing
approximately
81.3
million
square
feet
of
net
rentable
space,
at
December
31,
2000.
At
the
same
date,
the
Company
had
a
significant
ownership
in
PS
Business
Parks,
Inc.,
which
owned
140
commercial
properties,
containing
approximately
12.6
million
rentable
square
feet
of
space. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PSA
is
a
fully
integrated,
self-administered
and
self-managed
REIT
that
acquires,
develops,
owns
and
operates
self-storage
facilities.
PSA
also
owns
and
operates
commercial
properties
and
has
economic
interests
in
the
portable
self-storage
business.
For
the
six
months
ended
6/01,
revenues
rose
11%
to
$405.3
million.
Net
income
applicable
to
Common
fell
1%
to
$90.9
million.
Results
reflect
increased
rental
rates,
offset
by
minority
distributions
and
increased
depreciation. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| B. Hughes, 67 Chairman
of Board and Chief Exec. Officer | $91K | -- | Harvey Lenkin, 64 Pres | 412K | -- | John Reyes, 40 CFO,
Sr. VP | -- | -- | Marvin Lotz, 58 Sr.
VP, Director | 485K | $178K | David Goldberg, 51 Sr.
VP and Gen. Counsel | 344K | 52K | 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
|
|