DENVER–A report of the 50 top paid executives of Colorado-based companies in 2004 shows that executives from locally based real estate investment trusts earned more than any other industry. For example, seven executives from Aurora-based ProLogis, the world’s largest industrial investment trust, made the cut.

An analysis by GlobeSt.com shows that 11 executives from REITS made the list. That is a larger concentration from any other industry. The published report is from proxy statements or annual reports filed with the Securities and Exchange Commission. The data includes salary, bonuses and other actual dollars paid. It includes stock-option profits taken in 2004, but not the potential value of options not yet taken.

Executives with local REITs were paid a total of $53.14 million last year. Leading the list as the best-compensated REIT executive was K. Dane Brooksher, chairman of ProLogis,at $12.99 million. He was the seventh best-paid executive in the state last year.

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