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Industry Center - REIT - Retail
Industry Center > REIT - Retail > Pan Pacific Retail Properties, Inc. Company Profile
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Pan Pacific Retail Properties, Inc. Company Profile
A self-adminstered real estate investment trust (REIT), Pan Pacific Retail Properties acquires, operates, renovates, and expands grocery store- and other big box-anchored strip shopping centers, primarily in the western US. The REIT owns about 140 properties totaling some 23 million sq. ft. of retail space. Its largest tenant is Vons; other major tenants include Raley's, Wal-Mart, and Albertsons. Pan Pacific has grown primarily through acquisitions rather than new development: Its major purchases include the Northern California-based portfolio of Western Properties Trust (2000) and the Southern California-based Center Trust (2003). Now another acquisitive REIT, Kimco Realty, is buying Pan Pacific.
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Contact Information
Address: 1631 S. Melrose Dr., Ste. B
Vista, CA 92081
Phone:760-727-1002
Fax:760-727-1430
Financial Highlights
Fiscal Year End:December
Revenue (2005):308.40 M
Revenue Growth (1 yr):6.60%
Employees (2005):129
Employee Growth (1 yr):(-7.20%)
Key People
Chairman, President, and CEO: Stuart A. Tanz
EVP and COO: Jeffrey S. Stauffer
EVP, CFO, Secretary, and Treasurer: Joseph B. (Joe) Tyson
Industry Information
Sector: Financial
Industry: REIT - Retail
Top Competitors
Kimco Realty Corporation (kim)
The Macerich Company (mac)
Regency Centers Corporation (reg)
 


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