NEWPORT BEACH, Calif., June 26 /PRNewswire/ -- Pacific Gulf Properties
Inc. (NYSE: PAG) announced today the nomination of Chairman and Chief
Executive Officer Glenn L. Carpenter to the University of Southern
California's Andrus Gerontology Center Board of Councilors.
Established in 1964, the Ethel Percy Andrus Gerontology Center is the
largest private center dedicated to comprehensive aging research and
education. The Center is named in the memory of Dr. Ethel Percy Andrus,
founder of the American Association of Retired Persons (AAFP), and the
National Retired Teachers' Association, and is the birthplace of the country's
first doctoral degree program in gerontology.
Pacific Gulf Properties Inc. is a real estate investment trust (REIT) that
owns, develops and manages a growing portfolio of industrial properties
targeting small to mid-size tenants in selected high-growth U.S. western
markets. The company's industrial portfolio is comprised of 73 properties
encompassing more than 15.2 million square feet of space. Pacific Gulf
Properties Inc. also has 1,631 units of traditional multifamily apartments
which are currently being marketed for sale. The company also maintains a
portfolio of eight rental apartment communities comprising almost 1,500 units
designed for the burgeoning population of active seniors age 55 and older.
The company is headquartered in Newport Beach, California. For more
information, please visit the company's web site at http://www.pacificgulf.com.
Forward-looking statements and comments in this press release are made
pursuant to the safe harbor provisions of Section 21E of the Securities
Exchange Act of 1934. Such statements relating to, among other things,
events, conditions, prospects and financial trends that may affect the
Company's future distributions, plans of operations, business strategy, growth
of operations and financial position are not guarantees of future performance
and are necessarily subject to risks and uncertainties, some of which are
significant in scope and nature, including without limitation, increased
competition, adverse economic trends, increasing interest rates, factors
described above and other factors.
SOURCE Pacific Gulf Properties Inc.
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Related links:
http://www.pacificgulf.com
Company News On-Call:
http://www.prnewswire.com/comp/671475.html or fax,
800-758-5804, ext. 671475
CONTACT:
Donald G. Herrman, Chief Financial Officer of
Pacific Gulf Properties Inc., 949-223-5000; or Victoria J. Baker,
General Information, 703-370-8652
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