Who's Who in the Buildings Market 2005: Building Ownership and Development

Sept. 6, 2005
Firms that develop, own, and/or manage commercial real estate

Follow our list of many of the leading industry players, with information specific to their operations, real estate holdings, and services. For ease of use, the Buildings Census is divided into five general categories: Building Ownership and Development (firms that develop, own, and/or manage properties); Building Management (third-party management firms that handle real estate properties for others); Corporate Real Estate (facilities departments within major corporations that handle the company’s real estate activities); Institutional Owners (facilities/physical plant departments responsible for the real estate needs of major healthcare and educational organizations); and Government Agencies (facilities/physical plant/support services departments responsible for serving the real estate needs of federal government-related agencies).

ProLogis (310.8)
Aurora, CO
(800) 566-2706
www.prologis.com

ProLogis, a publicly traded provider of distribution facilities and services, has 2,043 facilities owned, managed, and under development in 75 markets and 17 countries throughout North America, Europe, and Asia. Square footage of these properties has reached 310.8 million square feet. A team of 830 global associates services a customer base of more than 4,000. At the time of ProLogis’ 1994 initial public offering (IPO), the company had invested $475 million in real estate. It now reports assets owned and managed of more than $16.2 billion, according to statistics on its website. In 2005, this development giant plans to start construction of more than $1.3 billion of facilities. It also continues to grow as a corporation. In August 2004, it acquired Keystone Property Trust in a partnership indirectly owned by ProLogis and certain affiliates of investment funds managed by Eaton Vance Management. ProLogis recently was named 2005 Developer of the Year by the National Association of Office and Industrial Properties (NAIOP).

The Opus Group (232.8)
Minnetonka, MN
(952) 656-4444
www.opuscorp.com

Since being founded in 1953, The Opus Group has developed more than 218 million square feet and 2,250 projects and helped pioneer the design/build concept. This corporation offers vertically integrated services and expertise not only in real estate development but also property management, leasing and sales, financing, architecture, engineering, and construction for a comprehensive design/build approach. In 2004, the company reported revenue of approximately $1.4 billion and construction volume of $829 million. 584 Office Buildings*: 72.5 million square feet. 154 Retail Buildings*: 20.8 million square feet. 378 Institutional Buildings*: 18 million square feet. Multi-Family Housing: 6.5 million square feet/6,846 units*. 11 Government Buildings*: 2 million square feet. 974 Industrial Buildings*: 113 million square feet. New Construction Projects Currently Planned or Under Development*: 24 million square feet.* Number of Professionals Involved Full-Time in Facilities: 1,400. In the 1980s, Opus established regional operating companies to provide services within geographic areas across the United States. Opus offices are in 26 locations within 5 regions: Opus East LLC (Washington, Philadelphia); Opus North Corp. (Chicago; Milwaukee; Detroit; Indianapolis; and Columbus, OH); Opus Northwest LLC (Minneapolis; Seattle; Denver; Portland, OR; St. Louis; and Kansas City, MO); Opus South Corp. (Atlanta and Tampa, Orlando, Ft. Lauderdale, and Pensacola, FL); and Opus West Corp. (Phoenix; Dallas; Houston; Austin, TX, San Francisco; Los Angeles; and Orange County and Sacramento, CA). Several other entities comprise the Opus Group including Opus National LLC, which supports the independent operating companies with sales, finance, and national tenant marketing activities; Opus Architects & Engineers Inc., which provides design services; and Opus Properties LLC, which provides asset management.

Lincoln Property Co. (213.8)
Dallas, TX
(214) 740-3300
www.lpc.com

Dallas-based Lincoln Property Co. has developed about 140 million square feet of commercial properties nationwide since 1965. Currently, the ownership portfolio consists of: 270 Office Buildings*: 90 million square feet. 17 Shopping Centers*: 1.7 million square feet. 120 Healthcare Buildings*: 10.5 million square feet. Multi-Family Housing: 97 million square feet/107,877 units*. 85 Industrial Buildings*: 14.5 million square feet. According a company profile posted at Hoovers.com, Lincoln has joint ventures with Lend Lease to develop commercial properties, and Equity Residential Properties for multi-family housing development. Number of Professionals Involved Full-Time in Facilities: 4,500*.

Simon Property Group Inc. (201)
Indianapolis, IN
(317) 636-1600
www.simon.com

This Indianapolis real estate investment trust (REIT) owns, develops, and manages retail properties, focusing primarily on regional malls, Premium Outlet centers, and community/lifestyle centers. Through its subsidiary partnership, Simon Property Group owns or has an interest in 294 properties in the United States with an aggregate of 202 million square feet of gross leasable area in 40 states and Puerto Rico. It owns 78 regional malls located in 25 of the largest U.S. metropolitan areas. Its portfolio includes Copley Place in Boston; The Fashion Centre at Pentagon City in Arlington, VA; The Galleria in Houston; Lenox Square in Atlanta; and Fashion Valley Mall in San Diego. The company also holds interests in 51 European shopping centers in France, Italy, Poland, and Portugal; five Premium Outlet centers in Japan; one Premium Outlet center in Mexico; and one Canadian shopping center. Simon Property Group is the largest publicly traded retail real estate company in North America. Its total market capitalization is approximately $38 billion. Its retail network drives approximately $47 billion in annual sales and annual shopper visits of approximately 2.2 billion.

General Growth Properties (200)
Chicago, IL
(312) 960-5000
www.generalgrowth.com

As the second-largest U.S.-based publicly traded regional mall REIT, General Growth has ownership interest and management responsibility for a portfolio of 210 regional shopping malls in 44 states that includes more than 24,000 retailers nationwide. The company also has ownership in planned community developments and commercial office buildings. Its portfolio totals approximately 200 million square feet of retail space. General Growth has been in an acquisition mode for the past year, holding up to its moniker. Last summer, the company announced the merger of The Rouse Co., adding 37 regional shopping malls, four community centers, and six mixed-use projects totaling 40 million square feet to the General Growth portfolio. The company employs more than 5,000 people nationwide.

RREEF (166.1)
San Francisco, CA
(415) 781-3300
www.rreef.com

RREEF, a full-service real estate investment advisor, has grown its assets to $20.7 billion since its inception in 1975. It boasts at least 166.1 million square feet of facilities in its portfolio. 97 Office Buildings*: 23.2 million square feet. 45 Shopping Centers*: 11.1 million square feet. 20,041 Multi-Family Units*: 16 million square feet (based on Buildings’ estimates of 800 square feet per multi-family unit). 387 Industrial Buildings*: 115.77 million square feet. New Construction to be Completed in 2005: 504,692 square feet*. Modernization to be Completed in 2005: 174 Multi-Family Units (139,200 square feet, based on Buildings’ estimates of 800 square feet per multi-family unit)*. New Construction to be Completed Beyond 2005: 10.3 million square feet*. Modernization to be Completed Beyond 2005: 453 Multi-Family Units (362,400 square feet, based on Buildings’ estimates of 800 square feet per multi-family unit)*. Number of Professionals Involved Full-Time in Facilities: 927 Property Management Personnel and 51 Property Management Officers.*

Duke Realty Corp. (124.4)
Indianapolis, IN
(317) 808-6000
www.dukerealty.com

With its headquarters in Indianapolis and regional offices in Atlanta; Chicago; Cincinnati; Cleveland; Columbus, OH; Dallas; Ft. Lauderdale, FL; Minneapolis; Nashville, TN; Orlando, FL; Raleigh, NC; St. Louis; and Tampa, FL, it could be said that Duke is king throughout the Midwest and Southeast. The full-service, publicly traded commercial real estate company owns, manages, or has under development more than 124 million square feet of industrial, office, and retail properties in 14 major U.S. cities. 301 Office Buildings*: 34.79 million square feet. 7 Chain Stores*: 652,091 square feet. 645 Industrial Buildings*: 88.9 million square feet. New Construction Projects Completed in 2005: 5.4 million square feet*. New Construction Projects to be Completed Beyond 2005: 1.28 million square feet*. Duke Realty also controls 4,400 acres of undeveloped land that can support approximately 65 million square feet of future development. The company employs 1,100 associates who provide site selection, development, financing, construction, leasing, and property management services.

Equity Office Properties Trust  (117.9)
Chicago, IL
(312) 466-3300
www.equityoffice.com

One of the nation’s largest office building owners and managers and REITs, Equity Office boasts a portfolio of 643 properties totaling 117.9 million square feet*, the majority of it Class-A office space. The publicly held company currently has an additional 257,000 square feet of new construction under development.* Since its IPO in 1997, Equity Office has nearly quadrupled in size through strategic mergers and acquisitions of more than $17 billion, including the Beacon Properties merger in 1997; the Cornerstone Properties Inc. merger in June 2000; and the Spieker Properties Inc. merger in 2001. Number of Professionals Involved Full-Time in Facilities: 2,300.*

Kimco Realty Corp. (116)
New Hyde Park, NY
(516) 869-9000
www.kimcorealty.com

This leading retail REIT and self proclaimed “ground-up developer” specializes in neighborhood and community shopping centers, boasting a portfolio of 829 properties* and 116 million square feet* of leasable space. Shoppers will find brand-name big-box retailers such as Home Depot, Wal-Mart, and Kohl’s anchoring the typical Kimco development. The company develops retail properties for sale, invests in retail-related securities and mortgages secured by retail real estate, and provides capital and expertise to retailers with surplus real estate. Dollar Volume of Spending in 2005 (Capital) Devoted Toward Facilities: $4 million*. New Construction Projects Completed in 2005: 2.47 million square feet*; Modernization Projects Completed in 2005: 650,000 square feet*. New Construction Projects under way and to completed beyond 2005: 5.45 million square feet*, with 2 million square feet* under way and to be completed beyond 2005 in Modernization.

AMB Property Corp. (114)
San Francisco, CA
(415) 394-9000
www.amb.com

Development at AMB Property is all about movement and distribution. The company’s customers come from the world’s busiest distribution markets, including many tied to global trade. AMB, a global developer and operator of industrial real estate, has 114 million square feet of property - approximately 1,100 buildings* - in some of the largest transportation hubs and gateways in North America, Europe, and Asia. Its portfolio features High Throughput Distribution facilities, properties designed for rapid distribution of goods to market in locations near airports, seaports, and major transportation routes. AMB reports 2004 capital expenditures at $71.4 million and operational expenditures at $168.5 million.* New construction projects completed in 2005 total more than $4.8 million, while projects under way - both new construction and redevelopment - will reach nearly $6.3 million upon completion, based on figures as of June 30, 2005*. Number of Professionals Involved Full-Time in Facilities: 115.*

ING Clarion (113)
New York, NY
(212) 883-2500
www.ingclarion.com

ING Clarion’s broad mix of real estate investment services are tailored to the needs of institutional and high net-worth investors. Founded in 1982, the firm is made up of four operating groups: ING Clarion Partners, ING Real Estate Securities, ING Clarion Capital, and ING Real Estate. ING Clarion and its affiliates manage $21.7 billion in assets in the private equity, public equity, and public debt sectors of the real estate market. 79 Office Buildings*: 22.2 million square feet. 30 Shopping Centers*: 32.5 million square feet. 31 Multi-Family Buildings*: 7.2 million square feet/9,004 units. 162 Industrial Buildings*: 51 million square feet. Number of Professionals Involved in Full-Time Facilities: 437*. In July, the company announced it acquired the Bank of America Tower in Boca Raton, FL, for $35 million. The 110,000-square-foot tower is one of Boca Raton’s premier office buildings and boasts a 97.5-percent occupancy rate. Major tenants include Bank of America, Merck, Charles Schwab, and URS Corp.

The Inland Real Estate Group of Cos. Inc. (111)
Oak Brook, IL
(630) 218-8000
www.inlandgroup.com

With $12 billion of assets under management and 111 million square feet of commercial real estate in its portfolios, Inland ranks as a leading shopping center owner with its vast network of centers and chain stores. Its portfolio includes: Office Buildings: 2.2 million square feet*. Shopping Centers and Chain Stores: 100 million square feet*. Multi-Family Housing: 11,490 units/7.15 million square feet*. Industrial Buildings: 1.65 million square feet*. New Construction Projects to be Completed in 2005: 194,190 square feet*. New Construction Projects to be Completed Beyond 2005: 437,000 square feet*. Inland strives to be a “business incubator,” specializing in creating, developing, and operating companies that provide real estate services. It also develops and operates real estate-related investment funds and businesses to support those efforts. The company employs more than 1,000 people in 21 states. As of June, Inland reports it has already bought more than $2 billion for companies it has sponsored, almost twice the figure reached by the same date in 2004. This year’s transactions amount to more than 12 million square feet of leasable space and include several trophy properties, such as the 500,000-square-foot Maple Tree Place in Williston, VT, and The Gateway in Salt Lake City, UT.

Westfield Group (111)
Los Angeles, CA
(310) 478-4456
www.westfield.com

The Westfield Group owns, develops, designs, builds, funds, manages, leases, and markets a global shopping center portfolio. The portfolio includes 129 centers* valued at more than $32 billion, totaling 111 million square feet*. The company has 68 facilities in the United States, 42 in Australia, 11 in New Zealand, and eight in the United Kingdom. Modernization Projects in the United States: 7 projects total with a $1.1 billion reinvestment*. 3 to be completed in 2005*. 4 to be completed in 2006*. Modernization Projects in Australia and New Zealand: 7 projects total with an approximate $900 million reinvestment*. 2 scheduled for 2005 completion, and 2 scheduled for 2006 completion. Others not specified*. Modernization Projects in the United Kingdom: 2*. Both to be completed in 2008*. The vertically integrated group employs more than 4,000 people globally, with 2,000 employed in facilities only*. The company also is involved in funds and asset management on behalf of institutional and other Investors on a joint venture basis with such partners as Deutsche Asset Management, AMP Capital Investors, the Perron Group, Prudential Plc, and more.

Developers Diversified Realty (109)
Beachwood, OH
(216) 755-5500
www.ddr.com

Developers Diversified Realty’s core business strategy since its 1993 IPO has focused on being the leading consolidator of high-quality, market-dominant community shopping centers. The company is involved in developing, acquiring, operating, managing, and investing in income-producing retail shopping centers. Its portfolio represents approximately 109 million square feet of leasable area in more than 470 retail operating and development properties in the United States and Puerto Rico. Company literature reports 11 new projects under construction with anticipated openings in 2005 and 2006, and 55 redevelopment and expansions with completion anticipated in 2005 and 2006.

Hilton Hotels Corp. (107.5)
Beverly Hills, CA
(310) 205-4656
www.hilton.com

Hilton Hotels Corp. develops, owns, manages, or franchises 2,259 hotels in 50 states and the District of Columbia, as well as properties overseas. Its brands include Hilton, Conrad, Doubletree, Embassy Suites Hotels, Hampton Inn, Hampton Inn & Suites, Hilton Garden Inn, Hilton Grand Vacations Co., and Homewood Suites by Hilton. Square footage of combined properties totals a projected 107.5 million square feet, based on Buildings’ estimates of 300 square feet per Hotel/Motel unit.

Morgan Stanley Real Estate (105.6)
New York, NY
(212) 761-4000
www.morganstanley.com/realestate

Since 1969, Morgan Stanley Real Estate has provided a wide range of advisory, financing, and investment services to real estate companies and investors. 68 Office Buildings*: 29 million square feet. 5 Healthcare Buildings*: 390,791 square feet. 17 Hotel/Motel Buildings*: 1.7 million square feet/5,806 units. 41 Multi-Family Housing Buildings*: 56.7 million square feet/70,911 units. 62 Industrial Buildings*: 17.7 million square feet. The company has more than 500 professionals in 19 worldwide offices involved in real estate investment, research, mortgage lending, securities underwriting, and financial advising. In 1991, the company created Morgan Stanley Properties in the United States, and has grown into a global company with operating unites in Japan, China, Korea, France, Germany, the United Kingdom, and Italy, managing more than $6 billion of assets for Morgan Stanley and its clients. Assets include commercial, industrial, and residential real estate properties, as well as performing and non-performing real estate loans.

Hines (100.1)
Houston, TX
(713) 621-8000
www.hines.com

One of the largest private real estate development, investment, and management companies in the world, Hines boasts a diverse portfolio of projects both completed and under way, including skyscrapers, corporate headquarters, mixed-use centers, industrial parks, and master-planned residential and resort communities. The company reports total projected square footage of approximately 100.1 million.* 174 Office Buildings*: 82.9 million square feet. 6 Shopping Centers*: 1.39 million square feet. 4 Multi-Family Buildings*: 1.29 million square feet. 6 Government Buildings*: 4 million square feet. 6 Industrial Buildings*: 3.49 million square feet. The company reports 2.3 million square feet of new construction to be completed in 2005* and another 22.4 million square feet slated for completion beyond this year.* The firm has offices throughout the United States and in 12 other countries, including: the United Kingdom, France, Spain, Mexico, Poland, Russia, Germany, Brazil, Italy, Argentina, China, and Canada. Number of Professionals Involved Full-Time in Facilities: 2,900.*

The Macerich Co. (76)
Santa Monica, CA
(310) 394-6000
www.macerich.com

This publicly traded REIT is one of the largest owners/operators of regional malls in the United States and the largest in the western half of the country. The company, which focuses on the acquisition, leasing, management, development, and redevelopment of malls, is the sole general partner and owns an 81-percent ownership interest in The Macerich Partnership LP. At the time of its 1994 IPO, the company had only 15 malls in its portfolio. Today, The Macerich Co.’s portfolio consists of 76 million square feet of gross leasable area, consisting primarily of interests in 75 regional malls. Occupancy levels at Macerich malls reached 92.5 percent in 2004. Tenant sales for that year were $391 per square foot. A majority of the 29-year-old company’s properties are concentrated in California, Oregon, and Washington, with an additional strong presence in Colorado and Arizona. Macerich malls operate as a key part of their community, frequently serving as a “functioning Town Center” in each market

CBL & Associates Properties Inc. (75.7)
Chattanooga, TN
(423) 855-0001
www.cblproperties.com

CBL & Associates Properties Inc. owns, holds interests in, or manages 174 malls and shopping centers in 30 states, with a projected total of 75.7 million square feet, including 2 million square feet of non-owned shopping centers managed for third parties. Company press information reports seven projects under construction, totaling 1.5 million square feet. Projects include two open-air shopping centers in Ft. Myers, FL, and Southhaven, MS, near Memphis, TN; three community centers; and two expansions of existing centers. In addition to its Chattanooga, TN, headquarters, the company also operates a regional office in Boston.

Starwood Hotels & Resorts Worldwide Inc. (71.8)
White Plains, NY
(914) 640-8100
www.starwoodhotels.com

With operations in more than 80 countries, Starwood Hotels & Resorts Worldwide Inc. considers its hotels, resorts, and vacation ownership resorts be premier establishments, with respect to location, size, facilities, physical condition, quality, and variety of services offered in the markets in which they are located. Starwood’s hotel business includes 733 owned, managed, or franchised hotels with approximately 231,000 rooms - 69.3 million square feet of space (based on Buildings’ estimates of 300 square feet per room) - and 19 vacation ownership resorts with 5,000 rooms - an additional 2.5 million square feet of space (based on Buildings’ bumped-up estimates of 500 square feet per room) - for a estimated total of 71.8 million square feet of space. Brands include St. Regis and Luxury Collection, Sheraton, Westin, W, Four Points, and others.

First Industrial Realty Trust Inc. (63.6)
Chicago, IL
(312) 344-4300
www.firstindustrial.com

First Industrial Realty Trust’s name describes what it does. As the national’s largest provider of diversified industrial real estate, the company leases, develops, redevelops, buys, sells, and manages industrial facilities in the top 25 U.S. industrial markets. This concentrated focus permits First Industrial to provide customers with a full range of single- or multi-market supply-chain solutions. As of March 2005, the company’s portfolio encompassed nearly 63.6 square feet of gross leasable area. Among its most prominent business regions for GLA are Dallas/Ft. Worth (5.8 million square feet); Atlanta (5.1 million square feet); Indianapolis (5 million square feet); Denver (4.7 million square feet); Minneapolis/St. Paul (4.6 million square feet); and Chicago (4.1 million square feet).

Liberty Property Trust (60)
Malvern, PA
(610) 648-1700
www.libertyproperty.com

Liberty Property Trust has created a niche for itself in the suburban commercial real estate market. Its growing portfolio offers warehouse, distribution, manufacturing, research and development, and office facilities to 2,000 tenants. This REIT concentrates the bulk of its portfolio in the Mid-Atlantic, Southeastern, and Midwestern states. 287 Office Buildings*: 20 million square feet. 452 Industrial Buildings*: 40 million square feet. Prior to becoming a public company, Liberty was known as Rouse & Associates. In the past 32 years since its inception, the company has developed more than 49 million square feet of industrial and office properties in 10 states and the United Kingdom. Its growth continues: New Construction Projects to be Completed in 2005: 250,000 square feet*. New Construction Projects to be Completed Beyond 2005: 4.5 million square feet*. Number of Professionals Involved Full-Time in Facilities: 330 (leasing and property management)*.

The Gale Co. (59.3)
Florham Park, NJ
(973) 301-9500
www.thegalecompany.com

The Gale Co.’s team of 216 full-time real estate professionals* oversees the company’s portfolio of commercial property in the United States, United Kingdom, South Korea, and several European regions. With 885 office buildings totaling 59.1 million square feet*, it is one of the largest private office portfolios in the United States. The company also owns three shopping centers with an aggregate of 125,000 square feet*, as well as 63,214 square feet of industrial property*. Dollar Volume of Spending in 2005 Devoted/Estimated Toward Facilities: Capital: $8.5 Million*. Operational: $225 million*. New Construction Projects to be Completed in 2005: 320,000 square feet*. Modernization Projects to be Completed in 2005: 300,000 square feet. New Construction Projects to be Completed Beyond 2005: 1.92 million square feet*. Modernization Projects to be Completed Beyond 2005: 1.8 million square feet*. In a move to advance both the equity and service segments of its business, The Gale Co. has developed strategic relationships with Morgan Stanley, UBS/Paine Webber, JP Morgan, CS First Boston, Blackstone Real Estate Advisors, and Principal Financial Group, and has invested more than $3 billion on behalf of its investments partners since its inception in 1985.

New Plan (58.5)
New York, NY
(212) 869-3000
www.newplan.com

New Plan focuses its business on the ownership and management of community and neighborhood shopping centers. Operating as a self-administered, self-managed REIT, New Plan’s national portfolio consists of 400 properties - including those held through joint ventures - in 36 states and assets of approximately $3.9 billion. Combined square footage is 58.5 million*. New Plan’s portfolio offers a retail format that includes a mix of convenience shopping and general merchandise. It also maintains a blend of grocery-anchored centers headed by leaders in the various regional grocer markets. Since 2001, New Plan has completed $198 million of redevelopment activities. Its current pipeline is comprised of an additional 39 redevelopment projects with a projected aggregate cost of approximately $193 million. New Construction Projects to be Completed in 2005: 122,208 square feet*. Modernization Projects to be Completed in 2005: 6.3 million square feet*. Modernization Projects to be Completed Beyond 2005: 3.6 million square feet*. Number of Professionals Involved Full-Time in Facilities: 400*.

Vornado Realty Trust (52.5)
New York, NY
(212) 894-7000
www.vno.com

Vornado Realty Trust owns and operates office, retail, and showroom properties with large concentrations in the New York metropolitan area, as well as Washington, D.C. and Northern Virginia - thanks to the acquisition of Charles E. Smith Commercial Realty. Manhattan Office Properties: 19 buildings located primarily in midtown Manhattan - 12.9 million square feet. Charles E. Smith Commercial Realty: 66 office properties and one hotel in Washington, D.C. and Northern Virginia - 14.2 million square feet. Retail Properties: 96 in seven states and Puerto Rico - 14.4 million square feet. Merchandise Mart: 9 million square feet of showroom and office space, including the 3.4 million-square-foot Merchandise Mart in Chicago. Vornado also owns the Hotel Pennsylvania in New York City. The 1 million-square-foot facility has 1,700 rooms and 400,000 square feet of retail and office space. Additionally, the company’s seven dry warehouse/industrial properties in New Jersey encompass approximately 1.7 million square feet. Vornado also has a 47.6-percent interest in AmeriCold Trust Realty, a REIT that owns and operates 101 cold-storage warehouses nationwide. The company owns 33 percent of the common outstanding stock of Alexander’s Inc., a REIT in the New York City metro area, among other investments.

Forest City Enterprises Inc. (48.7)
Cleveland, OH
(216) 621-6060
www.fceinc.com

Forest City Enterprises Inc. has approximately $7.4 billion in total assets (as of April 30, 2005) and approximately 48.7 million square feet of space in its portfolio. It operates under several strategic business units. Its Commercial Group has 82 completed retail, offices, hotels, and mixed-use properties. As of Jan. 31, 2005, the group’s portfolio included 12 Regional Malls with gross leasable area (GLA) of 4.7 million square feet; 29 Specialty Retail Centers with GLA of 5.9 million square feet; 33 office buildings with 9.3 million square feet; and 8 hotels with 2,937 rooms with projected total square footage of 881,000 (using Buildings’ estimate of 300 square feet per Hotel/Motel unit.). The company’s Residential Group owns and/or manages 123 apartment communities with more than 35,000 units and at least 28 million square feet (based on Buildings’ estimate of 800 square feet per Multi-Family unit.) Forest City’s Land Development Group works with major corporations and individual landowners to develop master-planned communities and land for residential, commercial, and industrial use. Presently it has 7,400 acres of developable land, including 25 projects. The company has been traded publicly since 1960.

Brookfield Properties Corp. (46)
New York, NY
(212) 417-7000
www.brookfieldproperties.com

Forty-six (46) must to be a lucky number for Brookfield Properties Corp. The company’s portfolio boasts 46 commercial office properties and development sites* for a total of 46 million square feet* in New York; Boston; Washington, D.C.; Denver; Minneapolis; Toronto; and Calgary, Alberta. Dollar Volume of Spending Devoted/Estimated Toward Facilities in 2005: Capital, $50 million; Operational, $400 million. Number of Professionals Involved Full-Time in Facilities: 700.*

Archon Group (44.5)
Irving, TX
(972) 368-2200
www.archongroup.com

Texas-based Archon Group has more than $3 billion in assets under management. Apartment units: 25,000 (20 million square feet, based on Buildings’ estimate of 800 square feet per multi-family unit). Hotel/Motel Units: 1,500 (450,000 square feet based on Buildings’ estimate of 300 square feet per Hotel/Motel unit). Commercial space: 24 million square feet. The company also owns more than 1,200 acres of land. Archon manages investments totaling more than $20 billion in North America, Asia, and Europe. An affiliate of The Goldman Sachs Real Estate Group Inc., Archon has completed, on behalf of the Whitehall Street Real Estate Funds and others, more than 100 portfolio and single-asset transactions in a dozen countries. Its worldwide team encompasses more than 2,000 employees across the globe.

Tishman Speyer (41.6)
New York, NY
(212) 715-0300
www.tishmanspeyer.com

Since 1978, Tishman Speyer has built, developed, or acquired more than 131 properties totaling more than 74 million square feet with a total value of $20 billion across the United States, Europe, and Latin America. The company is known for such signature Class-A properties as New York’s Rockefeller Center and the Chrysler Center, Berlin’s Sony Center, and Torre Norte in Sao Paolo, Brazil. This year, Tishman Speyer became the first U.S. real estate company to sign a joint-venture agreement to develop properties in India. 68 Office Buildings*: 41.6 million square feet. 5 New Construction Projects to be Completed in 2005*: 5 million square feet. 10 New Construction Projects to be Completed Beyond 2005*: 7 million square feet. Number of Professionals Involved Full-Time in Facilities: 165*.

Edward Rose Building Enterprise (41.4)
Farmington Hills, MI (248) 539-2255A leader in the furnished and unfurnished apartment market, Edward Rose’s portfolio boasts 51,800 units*: 41.4 million square feet, based on Buildings’ estimate of 800 square feet per multi-family unit. Properties are located in Illinois, Indiana, Michigan, Missouri, Nebraska, North Carolina, Ohio, South Carolina, Virginia, and Wisconsin.

Trizec Properties Inc. (37.3)
Chicago, IL
(312) 798-6000
www.trz.com

Trizec’s 52 office properties* are concentrated in seven main U.S. markets: Atlanta, Chicago, Dallas, Houston, Los Angeles, New York, and Washington, D.C. for an aggregate of 37.3 million square feet*. The company reports 633,000 square feet of new construction* under way or on the boards. Prominent Trizec properties include 1 New York Plaza and the Grace Building in New York; 1 Alliance Center in Atlanta; 10 and 120 South Riverside Plaza in Chicago; and the Renaissance Tower and Galleria Towers in Dallas, among others. Trizec was launched as a publicly traded U.S. office REIT in 2002 as part of the reorganization of the Canadian-based TrizecHahn Corp.

CarrAmerica (37)
Washington, D.C.
(202) 729-1700
www.carramerica.com

CarrAmerica owns, develops, and operates office properties in 12 U.S. markets, including Austin, TX; Chicago; Dallas; Denver; Los Angeles; Orange County, CA; Portland, OR; Salt Lake City; San Diego; San Francisco Bay area; Seattle; and metropolitan Washington. 338 Office Buildings*: 37 million square feet. 2 New Construction Projects Completed in 2005*: 723,750 square feet. 200 Modernization Projects Completed in 2005*: 1 million square feet. 8 New Construction Projects Completed Beyond 2005*: 2 million square feet. 100 Modernization Projects Completed Beyond 2005*: 500,000 square feet. Number of Professionals Involved Full-Time in Facilities: 400*.

The Lightstone Group (36.4)
Lakewood, NJ
(732) 367-0129
www.lightstonegroup.com

Founded by David Lichtenstein in 1988, this private owner of U.S. real estate boasts a diverse portfolio of properties in 28 states. The portfolio includes 30 Office Buildings*: 7.88 million square feet. 71 Shopping Centers*: 18.57 million square feet. 54 Multi-Family Housing Buildings*: 8.84 million square feet. 9 Industrial Buildings*: 1.13 million square feet. Through its Prime Retail subsidiary, The Lightstone Group also is one of the largest owners of retail outlet space in the country. Besides its New Jersey headquarters, it has regional offices in New York, Maryland, Virginia, and California. Number of Professionals Involved Full-Time in Facilities: 1,000*.

Boston Properties (33.9)
Boston, MA
(617) 236-3300
www.bostonproperties.com

This self-administered, self-managed REIT owns, manages, and develops first-class U.S. office properties, as well as hotels and industrial buildings. The company, founded in 1970 by Mortimer B. Zuckerman and Edward H. Linde, went public in 1977. It is known for its track record in developing Class-A, Central Business District office buildings, suburban office centers, and build-to-suit projects for the U.S. government and various high-credit tenants. Boston Properties has a significant presence in four core markets: Boston; Washington, D.C.; midtown Manhattan; and San Francisco. It has offices in each of those markets and also in New Jersey. 119 Office Buildings*: 32.8 million square feet. 3 Hotel/Motel Buildings*: 937,874 square feet/1,054 rooms. 1 Industrial Building*: 152,009 square feet. Actual Dollar Volume of Spending in 2004 Devoted Toward Facilities: Capital: $31 million*. Operational: $420 million*. New Construction Projects for Completion in 2005: 539,038 square feet*. New Construction Projects for Completion Beyond 2005: 731,580 square feet*. Number of Employees Involved Full-Time in Facilities: 670*. Notable buildings in its portfolio include several high-profile New York City offices: Cititgroup Center, 5 Times Square, and Times Square Tower.

Colson & Colson Construction Co. (31.5)
Salem, OR
(503) 370-7070

Father-and-son team Hugh D. Colson and William E. Colson founded Colson & Colson in 1963 as a general contracting partnership. Since its formation, the company has developed and constructed multi-family housing, single-family housing, and commercial and retail space throughout the United States, Canada, and England. 7 Office Buildings*: 180,000 square feet. 4 Chain Stores*: 20,000 square feet. 287 Multi-Family Buildings*: 31.3 million square feet. Colson & Colson has more than 50 employees.

Wells Real Estate Funds (30.8)
Atlanta, GA
(800) 448-1010
www.wellsref.com

The Wells Real Estate Fund is a national real estate investment management firm with more than $6 billion in assets under management. Its real estate group focuses on acquisitions, asset management, property management, leasing, construction management, and dispositions. 119 Office Buildings*: 28.1 million square feet. 1 Shopping Center*: 69,000 square feet. 11 Industrial Buildings*: 2.6 million square feet. 1 New Construction Project to be Completed in 2005: 179,000 square feet*.

Mack-Cali Realty Corp. (30.3)
Cranford, NJ
(908) 272-8000
www.mack-cali.com

This 50-year-old New Jersey-based REIT, which has been publicly traded since 1994, reported a total market capitalization of approximately $5.3 billion in March 2005. The company owns and manages Class-A office and office/flex properties located primarily in the Northeast, serving about 2,100 tenants. 260 Office Buildings and Flex*: 29.76 million square feet. 2 Shopping Centers/Restaurants*: 17,300 square feet. 1 Hotel/Motel Building: 350 rooms* (at least 105,000 square feet based on Buildings’ estimate of 300 square feet per Hotel/Motel unit). 2 Land Leases*. 6 Industrial Buildings*: 387,400 square feet. As of March 2005, the company’s portfolio was 91.1-percent leased. Dollar Volume of Spending in 2005 Estimated Toward Facilities: $85 million*. 2 Modernization Projects to be Completed in 2005*: 720,000 square feet. Number of Professionals Involved Full-Time in Facilities: 358*.

Crescent Real Estate Equities Co. (30)
Ft. Worth, TX
(817) 321-2100
www.crescent.com

Through its subsidiaries and joint ventures, Crescent owns and manages a portfolio of 75 office buildings totaling more than 30 million square feet of space. Its business is concentrated primarily in Dallas; Houston; Austin, TX; Denver; Miami; and Las Vegas. Crescent also makes strategic investments in resort residential developments and resorts, including the well-known Canyon Ranch.

Spaulding & Slye Colliers (27.9)
(617) 523-8000, Boston
(202) 478-2300, Washington, D.C.
www.spauldingandslye.com

A commercial real estate services company delivering full-scale development, leasing, management, investment sales, construction, and structured finance services worldwide, Spaulding & Slye Colliers serves corporate, institutional, and investor clients from offices in Boston and Washington, D.C. 126 Office Buildings*: 20.6 million square feet. 7 Shopping Centers*: 175,000 square feet. 7 Industrial Buildings*: 711,993 square feet. As of June 30, 2005, the company reports 315 projects under construction with a value of construction work of approximately $119 million*. Twenty-five (25) projects are under development for a total of 17.5 million square feet*. Spaulding & Slye Colliers has developed 221 projects and 41.4 million square feet with the value of square feet developed reaching more than $4 billion*. The firm is a corporate partner of Colliers Intl., employing 8,800 professionals in 248 offices. Number of Professionals Involved Full-Time in Facilities: 100*.

Ivanhoe Cambridge (27)
Montreal, QC, Canada
(514) 841-1200
www.ivanhoecambridge.com

A leading shopping center owner, manager, developer, and investor in Canada, Ivanhoe Cambridge has crossed the great divide to the United States, where it boasts a growing shopping center portfolio held in partnership with General Growth Properties and the Wilmorite Group. It has a direct interest in three U.S. malls and a 17.83-percent interest in Wilmorite Holdings LP, a private REIT and owner of 16 U.S. shopping centers. The company also has a European retail market presence. Total global presence is as follows: 12 Office Buildings*: 2 million square feet. 45 Shopping Centers*: 25 million square feet. Dollar Volume of Spending in 2005 Devoted/Estimated Toward Facilities: Capital: $35 million. Operational: $150 million. Modernization Projects to be Completed in 2005: $50 Million*. Number of Professionals Involved Full-Time in Facilities: 200*.

Panattoni Development Co. (26.8)
Sacramento, CA
(916) 381-1561
www.panattoni.com

Privately held Panattoni Development Co. develops, owns, leases, and manages office, retail, industrial, and other commercial properties in more than 85 cities throughout the United States, boasting a client list of Fortune 500 clients and a variety of regional firms. During the past 5 years, the company has averaged nearly 10 million square feet of development annually. 45 Office Buildings*: 1.85 million square feet. 1 Shopping Center*: 54,349 square feet. 6 Other Commercial Buildings*: 444,643 square feet. 143 Industrial Buildings*: 24.4 million square feet. The firm’s estimated dollar volume of capital spending toward facilities in 2005 is $1 billion*. New Construction Projects to be Completed in 2005: 7.8 million square feet*. New Construction Projects to be Completed Beyond 2005: 12.3 million square feet*. The company has 18 regional offices in addition to its headquarters. Number of Professionals Involved Full-Time in Facilities: 166*.

S.L. Nusbaum Realty Co. (25.8)
Norfolk, VA
(757) 627-8611
www.slnusbaum.com

In business since 1906, S.L. Nusbaum Realty Co. leases and manages a variety of spaces, ranging from Class-A office buildings to neighborhood and community shopping centers to flex space. On the development side of business, the firm says it consults with clients to find the best possible site for the best possible price, providing technical assistance and/or representation in negotiation lease/purchase transactions. The firm also develops, manages, and brokers apartment communities spanning the Mid-Atlantic region. 25 Office Buildings*: 2 million square feet. 60 Shopping Centers*: 7.8 million square feet. 110 Multi-Family Housing Communities*: 16,207 units/16 million square feet. 4 New Construction Projects to be Completed in 2005*. 2 Modernization Projects to be Completed in 2005*. 5 New Construction Projects to be Completed Beyond 2005*. 3 Modernization Projects to be Completed Beyond 2005*. Number of Professionals Involved Full-Time in Facilities: 30*.

Hillwood (24.8)
Dallas, TX
(972) 201-2800
www.hillwood.com

Hillwood, a Perot company, quite possibly offers some of the most diverse development expertise and experience in the industry: arenas, high-rise condominiums, single-family residential communities, distribution centers, regional malls, mixed-use urban development, call centers, hotels, golf courses, airports, intermodal rail yards, corporate campuses, and major air facilities, including hangars. The company is best known for its development of the $420-million American Airlines Center and Victory Plaza near downtown Dallas, and the 17,000-acre AllianceTexas development 15 miles northwest of the Dallas/Ft. Worth Intl. Airport. 10 Office Buildings*: 594,139 square feet. 5 Shopping Centers*: 225,721 square feet. 1 Hotel/Motel Building*: 250 rooms/875,000 square feet, including condominiums on the upper floors and retail space on the lower floors. 3 Multi-Family Housing Buildings*: 472 units/252,500 square feet, including retail space on the first level. 52 Industrial Buildings*: 20.56 million square feet. New Construction Projects to be Completed in 2005: 2.26 million square feet*. New Construction Projects to be Completed Beyond 2005: 1.1 million square feet*. Number of Professionals Involved Full-Time in Facilities: 12*.

Brandywine Realty Trust (24.2)
Plymouth Meeting, PA
(610) 325-5600
www.brandywinerealty.com

Brandywine Realty Trust, as either the sole developer or in partnership agreements, has developed nearly 3 million square feet in the past 6 years, with total development budgets totaling more than $400 million. One of the Mid-Atlantic region’s largest full-service real estate companies and the Philadelphia area’s largest office landlord, Brandywine operates as a REIT and is engaged in ownership, management, leasing, acquisition, and development of primarily suburban office and industrial properties. 244 Office Buildings*: 20.19 million square feet. 2 Other Commercial Buildings*: 181,900 square feet. 50 Industrial Buildings*: 3.78 million square feet. New Construction Projects to be Completed in 2005: 804,000 square feet*. One of Brandywine’s most recent development projects is the new Cira Centre, its landmark 29-story office tower located adjacent to Amtrak’s 30th Street Station in the University City District of Philadelphia. As of May 2005, the building was already 91-percent leased. Besides its Plymouth, PA, headquarters, Brandywine operates offices in Mount Laurel, NJ, and Richmond, VA. Number of Professionals Involved Full-Time in Facilities: 165*.

Ashley Capital LLC (20.5)
New York, NY
(212) 755-1900
www.ashleycapital.com

Founded in 1984, privately held Ashley Capital is involved in development, acquisition, property management, and advisory work with properties concentrated throughout the eastern half of the United States. Its portfolio consists of 500,000 square feet of office space* and 40 industrial buildings totaling 20 million square feet*. Dollar Volume of Capital Spending Toward Facilities in 2005: $80 million*. New Construction Projects to be Completed in 2005: 900,000 square feet*. Modernization Projects to be Completed in 2005: 1.1 million square feet*. New Construction Projects to be Completed Beyond 2005: 1 million square feet*. Modernization Projects to be Completed Beyond 2005: 1.2 million square feet*. In addition to its New York City headquarters, the company has affiliates in Detroit, Chicago, and Atlanta. Number of Professionals Involved Full-Time in Facilities: 35*.

Hamilton Partners (20)
Itasca, IL
(630) 250-9700
www.hamiltonpartners.com

Hamilton Partners, a privately owned real estate development and investment firm, develops, leases, and manages commercial projects throughout metropolitan Chicago and Salt Lake City. The company owns more than 20 million square feet in office, industrial, and retail projects in the two metropolitan regions.

The Alter Group (17.9)
Skokie, IL
(847) 676-4300
www.altergroup.com

Established in 1955, The Alter Group has since developed close to 100 million square feet of commercial real estate in 42 markets, specializing in office, industrial, healthcare, call centers, data centers, research and development, government, and educational facilities. Its portfolio consists of: 8.1 million square feet of office buildings*; 1.9 million square feet of healthcare facilities*; and 7.9 million square feet of industrial buildings*. The company reports 6.2 million square feet of new construction projects scheduled for completion in 2005*. With regional offices in Atlanta and Phoenix in addition to its Chicago-area headquarters, The Alter Group has 160 professionals involved full-time in facilities*.

Cousins Properties Inc. (17.6)
Atlanta, GA
(770) 955-2200
www.cousinsproperties.com

Since being founded in 1958 by Thomas G. Cousins, chairman of the board, Cousins Properties Inc. has developed 20 million square feet of office space; more than 12 million square feet of retail space, including seven regional malls; more than 3,000 multi-family residential units (approximately 2.4 million square feet based on Buildings’ estimates of 800 square feet per multi-family unit); and more than 30 single-family subdivisions, ranging in size from 100 acres to 1,500 acres. The company’s current portfolio consists of interests in 7.2 million square feet of office and medical office space and 10.44 million square feet of retail space. The company’s office building portfolio is 82-percent leased. Its medical office buildings are 99-percent leased. Its retail centers are 85-percent leased. Notable Atlanta projects include Wildwood Office Park, Bank of America Plaza, 191 Peachtree Tower, and The Pinnacle, among others. The company also has interests in more than 2,000 acres of land for future commercial developments. Besides its Atlanta corporate office, the company has additional offices in Dallas and Austin, TX; Charlotte, NC; and Irvine, CA. Cousins is a fully integrated equity real estate investment trust (REIT) that has been public since 1962.

Carter (17.1)
Atlanta, GA
(404) 888-3241
www.carterusa.com

Carter, a full-service commercial real estate company, has developed more than 57 million feet of space in four major market sectors: corporate, educational, interior projects management and relocation services, and sports and recreation. 36 Office Buildings*: 13 million square feet. 6 Shopping Centers*: 628,171 square feet. 2 Chain Stores*: 54,390 square feet. 1 Educational Building*: 275,000 square feet. 8 Other Commercial Buildings*: 824,635 square feet. 10 Industrial Buildings*: 2.1 million square feet. New Construction Projects to be Completed in 2005: 2.86 million square feet*. New Construction Projects to be Completed Beyond 2005: 4.9 million square feet*. In Georgia, Carter has over 5 million square feet of projects under construction, including a 540,000-square-foot bulk warehouse facility at New Manchester, a 2,000-bed housing project at Georgia State University, and over 800,000 square feet of retail/residential at Atlantic Station. In Florida, Carter has more than 1 million square feet under construction, including the University of South Florida Research Park of Tampa Bay and the CNL office tower in Orlando. Carter has been active real estate investor since 1958. Company principals have recently transacted more than $5 billion of investment volume.

HSA Commercial Real Estate (13.1)
Chicago, IL
(312) 332-3555
www.hsacommercial.com

Diversified and full service, HSA Commercial Real Estate focuses its efforts on the brokerage, management, and development of office, industrial, retail, and healthcare properties. Founded in 1981, the company has handled more than 6,000 real estate transactions, managed more than 30 million square feet of space, and developed commercial and healthcare facilities totaling more than 30 million square feet. Its current portfolio includes 2 Office Buildings*: 200,000 square feet. 3 Shopping Centers*: 800,000. 11 Healthcare Buildings*: 500,000 square feet. 3 Other Commercial Buildings*: 222,000 square feet. 45 Industrial Buildings*: 12.5 million square feet. New Construction Projects to be Completed in 2005: 350,000 square feet*. New Construction Projects to be Completed Beyond 2005: 500,000 square feet*. Number of Professionals Involved Full-Time in Facilities: 40*.

Watson Land Co. (12)
Carson, CA
(310) 952-6400
www.watsonlandco.com

Since the early 1960s, Watson Land Co. has grown to be one of the largest developers of industrial centers in booming Los Angeles County. The company has master-planned more than 1,000 acres of industrial commercial property over the past 40 years. It has developed and now owns and manages approximately 12 million square feet of industrial, office, and technology buildings, as well as business centers. Watson projects constructing an additional 2.2 million square feet - both build-to-suit and speculative construction - over the next 5 to 8 years.

Parkway Properties Inc. (11.9)
Jackson, MS
(601) 948-4091
www.pky.com

Parkway Properties Inc., a self-administered REIT, specializes in operations, acquisition, ownership, management, and leasing of office properties, primarily in the southeastern and southwestern United States and also Chicago. Parkway owns 64 office buildings* with an aggregate square footage of nearly 11.86 million*. Its markets include Atlanta; Charlotte, NC; Chicago; Columbia, SC; Ft. Lauderdale, Jacksonville, Orlando, and Tampa/St. Petersburg, FL; Richmond and Hampton Roads, VA; Washington, D.C.; and Northern Virginia; Houston, Dallas, San Antonio, and Austin, TX; Jackson, MS; Knoxville, Memphis, and Nashville, TN; and Phoenix and Tucson, AZ. The company reports $35 million in capital spending devoted toward facilities in 2005* and $7 million in new construction projects to be completed by the end of the year. Number of Professionals Involved Full-Time in Facilities: 5*. The company also offers fee-based real estate services through its wholly owned subsidiary, Parkway Realty Services.

McShane Corp. (9.8)
Rosemont, IL
(847) 292-4300
www.mcshanecorp.com

McShane Corp. is the national real estate development and investment arm of The McShane Cos., an integrated real estate development and construction services firm. Founded in 1988, McShane Corp. specializes in industrial and office business parks, build-to-suit (to lease or own) projects, turnkey developments, and redevelopment projects. 11 Office Buildings*: 1.1 million square feet. 2 Healthcare Buildings*: 360,000 square feet. 3 Multi-Family Buildings*: 351,326 square feet/206 units. 6 Other Commercial Buildings*: 270,000 square feet. 40 Industrial Buildings*: 7.7 million square feet. Dollar Volume of Spending in 2005 Devote/Estimated Toward Facilities: Capital: $75 million*; Operational: $20 million*. New Construction Projects to be Completed in 2005: 2.25 million square feet*. New Construction Projects to be Completed Beyond 2005: 4.27 million square feet*. Number of Professionals Involved Full-Time in Facilities: 20*.

Sobrato Development Cos. (9.6)
Cupertino, CA
(408) 446-0700
www.sobrato.com

A major player in California’s Silicone Valley development since 1953, family-owned Sobrato Development Cos. is known for creating one of the first “tilt-up” buildings in Santa Clara County. The company has no outside investors or joint-venture partners. Either Chairman John A. Sobrato or General Partner John M. Sobrato plays hands-on role in every key transaction. Thanks to its location, the company has carved out a solid niche in developing facilities for high-tech and R&D companies. Sobrato owns and manages the buildings it constructs, and maintains single-tenant occupancy in all of its properties. The company owns 98 office buildings with a total of 9.61 million square feet*. It also owns 400 acres of land in strategic areas throughout San Jose, Fremont, Newark, and Santa Clara, CA. New Construction Projects to be Completed in 2005: 80,000 square feet*. Modernization Projects to be Completed in 2005: 235, 000 square feet*. Number of Professionals Involved Full-Time in Facilities: 12*.

Akridge (6.3)
Washington, D.C.
(202) 638-3000
www.akridge.com

Akridge has helped lead the commercial facilities market in the Mid-Atlantic region for 3 decades, offering a myriad of services, including acquisition; asset and portfolio management, construction management, development, leasing, property management, and repositioning. The company’s website reports that its projects total over 9.7 million square feet of office, industrial/flex, residential, retail, and entertainment space at a value of more than $2 billion.18 Office Buildings*: 6.3 million square feet. Dollar Volume of Spending in 2005 Devoted/Estimated Toward Facilities: Capital: $41.19 million*; Operational: $63.59 million*. New Construction to be Completed Beyond 2005: 175,000 square feet*. Number of Professionals Involved Full-Time in Facilities: 151*.

Advance Realty Group Inc. (5.9)
Bedminster, NJ
(908) 719-3000
www.advancerealtygroup.com

Founded by Peter J. Cocoziello in 1979, Advance Realty Group has grown to be one of the most active commercial real estate development, investment, and management companies in the Boston, New Jersey, and Washington, D.C. markets. 60 Office Buildings*: 5 million square feet. 1 Retail Center*: 104,500 square feet. 19 Industrial Parks*: 800,000 square feet. Dollar Volume of Spending in 2005 Devoted/Estimated Toward Facilities: Capital: $15 million; Operational: $12 million*. Modernization Projects to be Completed in 2005: $650,000*. New Construction to be Completed Beyond 2005: $8 million*. Modernization Projects to be Completed Beyond 2005: $1 million. In addition to its Bedminster, NJ, headquarters, the company has offices in Florham Park, NJ; Westborough, MA; and Lanham, MD. Number of Professionals Involved Full-Time in Facilities: 125*. The company last year received The Building Owners and Managers Association’s (BOMA) Intl. Office Building of the Year (TOBY) Award for Advance at Bedminster II, a Class-A office facility located within the 84,000-square-foot Advance at Bedminster campus. The award recognizes excellence in building management, operating efficiency, tenant retention, emergency planning, and community impact.

Childress Klein Properties (4.3)
Atlanta, GA
(770) 859-1200
www.childressklein.com

As one of the larger real estate development, investment, and management companies in the southeastern United States, Childress Klein Properties is active in Georgia, North Carolina, South Carolina, and Virginia. Including managed properties, the company oversees more than 20 million square feet of office buildings, shopping centers, mixed-use developments, warehouses, manufacturing plants, distribution facilities, and business parks. With real estate assets in excess of $1 billion, Childress Klein’s portfolio include 11 office buildings with a total of 4.17 million square feet* and 1 industrial building with a total of 130,462 square feet*. Notable properties include such Class-A Atlanta office properties as the Atlanta Galleria and 999 Peachtree Street and the new Charlotte, NC, lifestyle center, The Promenade on Providence. Besides its Atlanta headquarters, the company has an office in Charlotte, NC. Number of Professionals Involved Full-Time in Facilities: 60*.

AMC Delancey Group Inc. (3.9)
Philadelphia, PA
(215) 627-6500
www.amcdelancey.com

Founded in 1992 as Delancey Realty Services Inc., this private real estate investor has acquired a diversified real estate portfolio that includes multi-family, office, retail, industrial, hospitality, and land assets across the East Coast. In 2001, the company aligned with The AMC Group LP, a Philadelphia-based, family-owned conglomerate of companies to form AMC Delancey Group Inc. The company invests side-by-side with experiences local operating partners who “provide in-depth knowledge of their asset class and the markets in which they operate.” AMC Delancey’s investment strategy covers both single assets and large-scale portfolios. Equity investments typically range between $2 million to $15 million. 5 Office Buildings*: 487,376 square feet. 8 Shopping Centers*: 943,222 square feet. 4 Hotel/Motel Buildings*: 451,000 square feet/997 rooms. 8 Multi-Family Housing Buildings*: 259,430 square feet/214 units. 50 Industrial Buildings*: 1.75 million square feet. Number of Professionals Involved Full-Time in Facilities: 11*. In November 2004, the company was named a finalist in as one of the Best Places To Work in the Greater Philadelphia region in the “Small Business” category, a recognition presented by the Philadelphia Business Journal, Littler Mendelson, a national employment and labor law firm; and Quantum Market Research.

* Indicates statistics received from company, based on Buildings’ Who’s Who questionnaire. In cases where information was not supplied in response to Buildings’ Who’s Who questionnaire, information was derived from public information: 10K reports, company websites, industry-related reports, Hoover’s Online, and other published and electronic materials.

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