HRPT Properties Trust

Type: Public
On the web: http://www.hrpreit.com
Employees: 585
Employee growth: 17.0%

HRPT Properties Trust is a real estate investment trust (REIT) that owns some 540 properties in nearly 40 states, mainly in suburban areas of major metropolitan markets. About two-thirds are office properties, while the remainder are used for industrial or other purposes. They contain approximately 67 million sq. ft. of space. HPRT is one of the largest industrial private land owners in Oahu, controlling nearly 400 acres (or about 17 million sq. ft.). Other major markets include Boston, Philadelphia, Washington, DC, and Southern California. The REIT's day-to-day activities are conducted by external manager Reit Management & Research (RMR), which is owned by HRPT managing trustees Barry Portnoy and his son Adam.

Key numbers for fiscal year ending December, 2008:
Sales: $835.5M
One year growth: (0.5%)
Net income: $244.6M
Income growth: 100.5%

Officers:
President and Chief Investment Officer: John A. Mannix
SVP and COO: David M. Lepore
CFO, Treasurer, and Assistant Secretary: John C. Popeo

Competitors:
Equity Office Properties
Liberty Property Trust
Mack-Cali