| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Cabot Industrial Trust |
| Two Center Plaza, Suite 200, Boston, MA 02108 * (617) 723-0900 |
| The company is a real estate investment trust, (REIT). The company is an internally managed, fully integrated real estate company formed to continue and expand the national industrial real estate business of Cabot Partners. |
| Manager | Tier | Phone |
| J.P. Morgan Securities Inc. | Lead Manager | (212) 648-0517 |
| Goldman, Sachs & Co. | Co-manager | (212) 902-5959 |
| Prudential Securities Incorporated | Co-manager | (212) 778-5420 |
| NYSE: | CTR | Financial: | SIC 6798 | |
| Type of Shares: | Shares of Beneficial Interest | Filing Date: | 10/21/97 | |
| U.S. Shares: | 8,625,000 | Offer Date: | 1/29/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $19.00 - $21.00 | |
| Primary Shares: | 8,625,000 | Offer Price: | $20.00 | |
| Secondary Shares: | 0 | Gross Spread: | $1.30 | |
| Offering Amount: | $172,500,000 | Selling: | $0.80 | |
| Expenses: | $0 | Reallowance: | $0.10 | |
| Post-IPO Shares: | - |
| Issuer's Law Firm: | Mayer, Brown & Platt |
| Bank's Law Firm: | Cahill Gordon & Reindel |
| Auditor: | Arthur Andersen |
Dollar amounts in U.S. millions except for per share data | |||||
| 6 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/96 | 6/30/97 | 6/30/96 | 6/30/97 | ||
| Revenue: | $7.91 | $4.38 | $3.32 | Assets: | $5.08 |
| Net Income: | $1.59 | $0.86 | $0.20 | Curr Assets: | |
| EPS: | Liabilities: | $0.70 | |||
| Prior EPS: | Curr Liab: | ||||
| Cash Flow/Oper: | $1.28 | $1.05 | $0.24 | Equity: | $4.38 |
| Cash Flow/Fin: | -$1.07 | -$2.07 | -$1.07 | Cash: | $0.72 |
| Cash Flow/Inv: | $0.11 | $0.03 | |||
| Business Plan |
| The Company's principal growth strategy is to acquire modern, high-quality industrial properties in attractive submarkets within the markets it currently serves. The Company believes that its broad service strategy provides complementary benefits in meeting the Company's growth objectives. Offering a variety of industrial property types and the Company's size enable it to provide better service, on a more cost efficient basis, to national customers who often need various types of workspace properties, in addition to distribution space, for their local operations. At the same time, offering a variety of property types to smaller companies enables the Company to capture a larger share of the growth in its chosen industrial property markets. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay indebtedness secured by certain of the Properties, for general corporate purposes including acquisition of additional properties. |
| Officer Name | Title | Age |
| Ferdinand Colloredo-Mansfeld | Chairman of the Board and Chief Executive Officer, Trustee | 58 |
| Franz Collredo-Mansfeld | Chief Financial Officer | 34 |
| Robert M. Angland | President, Management Company | 53 |
| Robert E. Patterson | President, Trustee | 52 |
| Andrew D. Ebbott | Senior Vice President--Director of Acquisitions | 41 |
| Eugene F. Reilly | Senior Vice President--Director of Leasing, Marketing and Development | 36 |
| Howard B. Hodgson, Jr. | Senior Vice President--Finance, Treasurer and Secretary | 41 |