| Business Summary | | Shurgard
Storage
Centers,
Inc.
(SSCI)
is
a
real
estate
investment
trust
(REIT)
that
develops,
acquires,
owns
and
manages
self-storage
centers
and
related
operations.
The
Company's
self-storage
centers
offer
easily
accessible
storage
space
for
personal
and
business
uses.
As
of
December
31,
2000,
the
Company
operated
a
network
of
428
storage
centers
and
three
business
parks.
Of
these
properties,
the
Company
owns,
directly
and
through
its
subsidiaries
and
joint
ventures,
399
properties
containing
approximately
25.3
million
net
rentable
square
feet.
Of
the
399
properties,
352
are
located
in
19
states
in
the
United
States,
and
47
are
located
in
Europe.
The
Company
also
manages,
for
third
parties,
31
self-storage
centers
and
one
business
park
containing
approximately
1.9
million
net
rentable
square
feet. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Shurgard
is
an
integrated,
self-managed
and
self
administered
real
estate
investment
trust
that
develops,
acquires,
owns
and
manages
self
storage
centers
and
related
operations.
For
the
six
months
ended
6/01,
revenues
rose
17%
to
$108.6
million.
Net
income
applicable
to
Common
and
before
extraordinary
item
rose
1%
to
$20.5
million.
Results
reflect
acquisitions,
the
development
of
new
centers,
and
rent
increases,
partially
offset
by
acquisition
costs
and
higher
debt
levels. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Charles Barbo, 59 Chairman,
Pres, CEO | $676K | Harrell Beck, 44 CFO,
Treasurer, Director | 316K | David Grant, 47 Exec.
VP | 344K | Christine McKay, 39 Sr.
VP, Sec., Gen. Counsel | -- | John Steckler, 43 Sr.
VP of Marketing | 239K | 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
|
|