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Home > Company Index > Real Estate > REIT - Residential > Essex Property Trust, Inc.

Essex Property Trust, Inc.
NYSE: ESS
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 PROFILE
Essex Property Trust is a real estate investment trust (REIT) which acquires, develops, and manages large apartment complexes in Southern California and the San Francisco, Seattle, and Portland metropolitan areas. Through Essex Property Corporation and other subsidiaries, the company owns or has interests in more than 80 apartment properties as well as three neighborhood shopping centers. Essex is expanding largely via acquisitions. The company seeks properties in areas with high home-ownership costs and little space for new development. Rental income accounts for over 90% of revenues.

 COMPETITION
Archstone Communities Trust (ASN)
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Equity Residential Properties Trust (EQR)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 182.80
1-Yr. Sales Growth: 17.6%
Employees: 636
Revenue per employee: $287,421.38

 KEY PEOPLE
• Keith R. Guericke
    CEO
• Michael J. Schall
    CFO

 CONTACT INFO
925 E. Meadow Dr.
Palo Alto, CA 94303
US
Phone: 650-494-3700
Fax: 650-494-8743
Online: Web Site

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