Financial Services >> CEO Interviews >> March 24, 1999

Stuart A. Tanz – Pan Pacific Retail Properties (pnp)

STUART A. TANZ is Chairman of the Board of Directors, Chief Executive Officer and President of Pan Pacific Retail Properties, Inc., a public real estate investment trust, which owns and operates a portfolio of shopping centers located in the western United States. Mr. Tanz has been involved in real estate for the past 18 years and has overseen all aspects of the company since 1992. Under his direction, Pan Pacific's portfolio has grown from 13 properties totaling 3.2 million square feet in 1992, to 54 properties today, encompassing 8.2 million square feet. In August, 1997, the company completed its initial public offering. Its shares are traded on the New York Stock Exchange under the symbol PNP. Mr. Tanz, from 1996 to 1997, was co-CEO of Revenue Properties Company, Ltd. Prior to joining Pan Pacific, from 1986 to 1991, Mr. Tanz was president of United Income Properties, Inc., a real estate development company based in southern California. From 1982 to 1995, he was director of acquisitions for Bramalea California, Inc., a subsidiary for Bramalea Ltd., one of the largest Canadian real estate companies at that time. Mr. Tanz is a member of International Council of Shopping Centers (ICSC) and the Young Presidents Organization (YPO) San Diego Chapter. Profile
TWST: The first question is could you give us a brief overview and a

little bit of the history on the company just to set the stage for the

readership?

Mr. Tanz: Sure. Pan Pacific is a