| Business Summary | | CenterPoint
Properties
Trust,
a
real
estate
investment
trust
(REIT),
is
focused
on
the
management,
investment,
development
and
redevelopment
of
warehouse,
distribution,
light
manufacturing
and
airfreight
buildings.
During
2000,
the
Company
acquired
or
completed
development
of
22
warehouse/industrial
properties
and
one
office
property
totaling
4.3
million
square
feet.
The
Company's
portfolio,
at
December
31,
2000,
included
170
industrial
properties
having
27.8
million
square
feet,
which
were
96%
leased
and
occupied. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CenterPoint
Properties
Trust
and
its
subsidiaries
own
and
operate
primarily
warehouse/industrial
properties
in
the
Chicago
metropolitian
area.
For
the
six
months
ended
6/30/01,
total
revenues
rose
5%
to
$81.7
million.
Net
income
before
extraordinary
item
applicable
to
Common
rose
37%
to
to
$27.3
million.
Revenues
reflect
increased
minimum
rents
and
expense
reimbursements.
Net
income
also
reflects
higher
gains
on
the
sale
of
real
estate. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Martin Barber, 56 Chairman | -- | -- | John Gates, Jr., 47 Pres,
CEO, Trustee | $896K | -- | Robert Stovall, 68 Vice
Chairman, Trustee | -- | -- | Michael Mullen, 46 Trustee,
Exec. VP, COO | 878K | $585K | Paul Fisher, 45 Trustee,
Exec. VP, Sec., CFO, Gen. Counsel | 493K | -- | 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
|
|