| CRT Properties, Inc., a self-administered and self-managed equity real estate investment trust (REIT), engages in the development, ownership, operation, leasing, and management of office buildings in the United States. In addition, it provides leasing, management, and other customary tenant-related services for certain office projects. As of March 31, 2004, the company owned or had interests in 130 office buildings in 19 suburban office projects and two urban centers in 11 metropolitan areas in the Southeastern United States and Texas. As a REIT, CRT Properties would not be taxed at the corporate level on taxable income distributed to its shareholders. It was incorporated in 1988. The company was formerly known as Koger Equity, Inc. and changed its name to CRT Properties, Inc. in July 2004. CRT Properties has its principal offices in Boca Raton, Florida. |
