The Mclean, VA-based REIT says its Atlanta-area properties are the 12th largest of its investment markets nationwide. Capital maintains five properties here with a gross investment of about $33.6 million or 3.24% of its portfolio.
The firm's number one investment market is in Chicago where it maintains four properties for a total gross investment of $20.3 million.
Annual funds from operations for 2000 were $51.1 million or $1.73 per diluted share, compared with $43.2 million or $1.50 per share in 1999. Net income was $25.8 million or $1.22 per diluted share, compared to $21.7 million or $1.01 per diluted share the year before.
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