| | Business Summary | | Arden
Realty,
Inc.
is
a
self-administered
and
self-managed
real
estate
investment
trust
that
owns,
manages,
leases,
develops,
renovates
and
acquires
commercial
properties
located
in
Southern
California.
The
Company
performs
all
portfolio
management
activities,
including
management
of
all
lease
negotiations,
construction
management
of
tenant
improvements
or
tenant
build-outs,
property
renovations,
capital
expenditures
and
on-site
property
management.
The
Company
manages
these
activities
from
approximately
45
management
offices
located
throughout
its
portfolio.
Since
its
inception,
the
Company
has
acquired
118
properties,
containing
approximately
14.5
million
net
rentable
square
feet,
for
a
total
purchase
price
of
approximately
$1.9
billion.
As
of
December
31,
2000,
its
portfolio
consisted
of
142
primarily
office
properties,
containing
approximately
18.7
million
net
rentable
square
feet,
and
three
properties
with
approximately
725,000
net
rentable
square
feet
under
development. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Arden
Realty,
Inc.,
through
Arden
Realty
Limited
Partnership
and
other
subsidiaries,
is
engaged
in
owning,
acquiring,
managing,
leasing
and
renovating
commercial
properties
in
Southern
California.
For
the
six
months
ended
6/30/01,
revenues
rose
13%
to
$206.1
million.
Net
income
increased
12%
to
$52.1
million.
Results
reflect
increased
rental
revenue
and
tenant
reimbursements,
partially
offset
by
increased
depreciation
and
higher
debt
levels. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard Ziman, 58
Chairman,
CEO, | $3.0M | Victor Coleman, 39
Pres,
COO, | 2.2M | Richard Davis, 42
Co-CFO,
Chief Accounting Officer, Sr. VP | -- | Andrew Sobel, 41
Exec.
VP, Strategic Planning and Operations | 3.0M | Daniel Bothe, 35
Sr.
VP, Co-CFO | -- | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/a/ari.gif)