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Maguire Properties Inc

 
Hoover's Profile: Maguire Properties, Inc.
(NYSE:MPG)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Maguire Properties, Inc.
355 S. Grand Ave., Ste. 3300
Los Angeles, CA 90071
CA Tel. 213-626-3300
Fax 213-687-4758

Type: Public
On the web: http://www.maguireproperties.com
Employees: 214
Employee growth: (8.2%)

When investors say, "Show me the money!" Maguire Properties is happy to comply. The real estate investment trust (REIT) acquires, develops, and manages some 36 office and retail properties, a 350-room Westin hotel, and parking garages in Southern California and Denver. It is the largest owner of Class A office space in Los Angeles' central business district and has other properties in Orange County and San Diego. Its holdings include nearly 18 million sq. ft. of space. Major tenants include Bank of America, Sempra Energy, Southern California Gas Company, and Wells Fargo. The REIT also has about a dozen development projects underway or in planning stages.

Key numbers for fiscal year ending December, 2008:
Sales: $547.0M
One year growth: (0.2%)
Net income: ($309.0)M

Officers:
Chairman: Paul M. Watson
President, CEO, and Director: Nelson C. Rising
EVP and CFO: Shant Koumriqian

Competitors:
Equity Office Properties
HRPT Properties
Kilroy Realty

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