| Business Summary | | The
Mills
Corporation
is
a
self-managed
real
estate
investment
trust
(REIT)
based
in
Arlington,
Virginia,
that
owns,
develops,
leases,
manages
and
markets
a
portfolio
of
12
retail
and
entertainment
destinations
(11
Mills
and
one
Block).
The
Company's
properties
total
approximately
17
million
square
feet
in
10
states.
Discover
Mills,
in
suburban
Atlanta,
is
scheduled
to
open
in
November
2001.
Currently,
the
Company
has
five
projects
under
construction
and/or
development
in
the
United
States
and
two
internationally:
Toronto,
Canada,
and
Madrid,
Spain. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MLS
is
a
self-managed
real
estate
investment
trust
that
owns,
develops,
leases
and
manages
a
portfolio
of
12
retail
and
entertainment
destinations
(11
Mills
and
one
Block).
For
the
six
months
ended
6/30/01,
total
revenues
increased
1%
to
$94.8
million.
Net
income
before
extraordinary
item
increased
46%
to
$17.8
million.
Revenues
reflect
increased
management
fee
income.
Net
income
also
reflects
a
decrease
in
recoverable
expenses
due
to
the
sale
of
properties. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Laurence Siegel, 48 Chairman,
CEO, | $1.5M | Peter McMillan, 53 Pres,
COO, | 964K | John Ingram, 65 Vice
Chairman | -- | Dietrich Von Boetticher, 59 Vice
Chairman | -- | Kenneth Parent, 40 CFO,
Exec. VP | -- | 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
|
|