Financial Services >> CEO Interviews >> March 24, 1999
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 alittle bit of the history on the company just to set the stage for the
readership?
Mr. Tanz: Sure. Pan Pacific is a