Editor's Note: We are pleased to present our eighth annual Top Property Manager Survey, ranking the most active property managers in North America based on total space in their portfolios during 1994. Due to an error in compiling the original ranking, which appears in our 1996 SourceBook, the following ranking includes several companies not found in the original. Due to space considerations, only the top 25 firms are listed here. Copies of the entire survey can be purchased from the Argus Direct Marketing Department at (770) 618-0381.

INSIGNIA FINANCIAL GROUP

INC.

P.O. Box 1089, Greenville, SC 29602 803 239,1000; Fax: 803 239-1096 Regs./Branches: Atlanta; Charlotte, NC; Chicago; Columbus, OH; Dallas; Denver; Washington, D.C.; Houston; Kansas City, MO; Los Angeles, CA; Nashville, TN; Richmond, VA; Tampa, FL; Oklahoma City; Tulsa, OK; San Francisco; Phoenix Contacts: Andrew L. Farkas, CEO/Chrmn.; Thomas R. Shuler, Pres./Insignia Management Services; Ronald J. Shabel, Director Mktg./Corp. Comm.; Stephen C. Schoenbaechler, Sr. VP Asset Mgt. Total Sq. Ft. under Mgt. '94: 277,700,000 Fee Managed '94: 67% Sq. Ft.: 186,059,000 Type Property Under Mgt.: Office - 10% Industrial - 1% Multifamily - 82% Retail - 7% Major Projects Managed '94: Properties for Balcor, Skokie, IL; major banks; insurance companies; Federal Home Loan Mortgage Corp.; and private investors and lenders in the United States

TRAMMELL CROW CO.

2001 Ross, #3500, Dallas, TX 75201 214 979-5100; Fax: 214 979,6040 Regs./Branches: Phoenix and Scottsdale, AZ; City of Commerce, Commerce, Irvine, Los Angeles, Northridge, Pasadena, Pleasanton, San Diego, San Francisco, San Mateo and Santa Monica, CA; Boulder and Denver, CO; Hartford and Stamford, CT; Wilmington, DE; Washington, D.C.; Boca Raton, Jacksonville, Miami, Orlando and Tampa, FL; Atlanta, GA; Barrington, Chicago, Deerfield, Itasca, McGaw Pk., Mundelein and Northbrook, IL; Indianapolis, IN; Des Moines, IA; Kansas City, KS; Louisville, KY; New Orleans, LA; Baltimore, Columbia and Rockville, MD; Boston and Waltham, MA; Detroit, MI; St. Louis, MO; Reno), NV; Cherry Hill and Park Ridge, NJ; Albuquerque, Roswell and Santa Fe, NM; Albany, New York and Rochester, NY; Charlotte and Winston-Salem, NC; Cincinnati, OH; Oklahoma City and Tulsa, OK; Portland, OR; Philadelphia and Valley Forge, PA; Memphis and Nashville, TN; Arlington, Austin, Carrollton, Corpus Christi, Dallas, Farmers Branch, Ft. Worth, Grand Prairie, Houston, Irving, Plano, Richardson and San Antonio, TX; Arlington and Reston, VA; Milwaukee, WI; Bellevue, Seattle and Tacoma, WA Contacts: J. McDonald Williams, Chmn.; James D. Carreker, Pres./CEO; EVPs: George L. Lippe, Opers.; Asuka Nakahara, Nat'l Programs; Michael B. Decker, CFO; William F. Concannon, Pres./trammell Crow Corp. Svcs.; Glen H. Griffith, Svp/Chief Information Officer Toral Sq. Ft. under Mgt. '94: 230,000,000 Fee Managed '94: 68% Sq. Ft.: 154,000,000 Type Property Under Mgt.: Office - 28% Industrial - 60% Retail - 12% Major Projects Managed '94: Texas Commerce Twr., Dallas, TX Bank of Oklahoma, Tulsa, OK Baxter Healthcare Hqtrs., Deerfield, IL Xerox World Mktg. Ctr., Rochester, NY Hertz Worldwide Hqtrs., Park Ridge, NJ Market Sq., Washington, D.C.

HEITMAN PROPERTIES, LTD.

900 N. Michigan Ave., Chicago, IL 60611 312 855-5700; Fax: 312 654-3995 Regs./Branches; Chicago, Los Angeles and 259 other metropolitan areas nationwide Contacts: Barry Schlesinger, Chmn./CEO; Andy Deckas, Pres./CEO; Terry Wachsner, Pres./Property Mgt; David Latvaaho, Pres./Leasing Total Sq. Ft. under Mgt. '94: 203,669,711 Fee Managed '94: 19.5% Sq. Ft.: 39,782,660 Type Property Under Mgt.: Office - 32% Industrial - 15% Multifamily - 16% Retail - 29% Hotel - 2% Other - Packing - 6% Major Projects Managed '94: IDS Ctr., Minneapolis, MN Miami Commerce Ctr., Miami, FL 1818 Marker St., Philadelphia, PA Coronado Ctr., Albuquerque, NM Lloyd Ctr. Mall, Portland, OR

KOLL

4343 Von Karman Ave., Newport Beach, CA 92660 714833-3030; Fax: 714 851-6895 Regs./Branches: Bothell, WA; Phoenix, Boston, New York City, Chicago, Detroit, Cincinnati, Houston, Atlanta, Los Angeles and San Francisco Contacts: William Rothe, Pres.; Howard Weinstein, Pres./Property Div.; Lynda Lane, Exec. VP/Public Relations; Robert Feren, Pres./Inv. Mgt. Total Sq. Ft. under Mgt. '94: 160,000,000 Fee Managed '94: 100% Sq. Ft.:160,000,000 Type Property Under Mgt.: Office - 41% Industrial - 20% Multifamily - 3% Retail - 14% Hotel - 1% Other - Facility - 15% R&D - 6% Major Projects Managed '94: Renaissance Ctr., Detroit, MI Koll Ctr. Irvine, Orange County, CA Corporate Woods, Kansas City, MO 60 State St., Boston, MA 400 S. Hope, Los Angeles, CA Chemical Plaza

LINCOLN PROPERTY CO.

500 N. Akard, Ste. 3300, Dallas, TX 75201 214 740-3300; Fax: 214 740-3448 Regs./Branches: Phoenix; Foster City, Glendale, Irvine, Newport Beach; San Francisco, Santa Ana and Westlake Village; Denver; Boca Raton, Miami, Orlando, Tampa, Atlanta and Smyrna; Chicago and Oakbrook Terrace; New Orleans; Boston; Charlotte; Oklahoma City; Tulsa; Bethel Park and Pittsburgh; Austin, Houston and San Antonio; Arlington and McLean, VA; Bellevue, WA and Berlin Contacts: Mack Pogue, Pres./CEO; Reg. Ptrs.: Preston Butcher, Tim Byrne, Bill Duvall Total Sq. Ft. under Mgt. '94: 148,810,199 Fee Managed '94: 42% Sq. Ft.: 62,316,494 Type Property Under Mgt.: Office - 15.7% Industrial - 17.8% Multifamily - 46.8% Retail - 2.5% Other - Land - 17.3% Major Projects Managed '94: Lincoln Plaza, Dallas, TX Lincoln Twrs., Arlington, VA NationsBank Twr., Charlotte, NC Carnation Bldg., Glendale, CA Wacker Dr. Bldg., Chicago, IL Village Apts., Dallas, TX

LASALLE PARTNERS LTD.

11 S. LaSalle Street, Chicago, IL 60603 312 782-5800; Fax: 312 782-4339 Regs./Branches: Dallas, New York, Los Angeles, Washington, D.C., Atlanta Contacts: Robert C. Spoerri, Vice Chm. and COO; Charles K. Esler, Jr., Mng. Dir.; Jon R. Andersen, Reg. Mgr.; Robert N. Rea, Reg. Mgr. Southeast; Thomas E. Griffin, Reg. Mgr., Central Atlantic; Brian M. Ross, Reg. Mgr. West; Bret E. Burnett, Reg. Mgr. Southwest; Philip L. Hawkins, Reg. Mgr., Northeast Total Sq. Ft. under Mgt. '94: 146,500,000 Fee Managed '94: 100% Sq. Ft.: 146,500,000 Type Property Under Mgt.: Office - 76% Industrial - 17% Retail - 7% Major Projects Managed '94: U.S. Bank Centre, Seattle, WA Fox Plaza, Los Angeles Union Station, Washington, DC LaSalle Bank, Chicago

NHP INC.

1225 Eye St., NW Suite 601, Washington, D.C. 20005 202 347-6247; Fax: 202371-2103 Regs./Branches: Washington, D.C., Reston, VA; Indianapolis; Rockville, MD; Yardley, PA; Charlotte, NC; Dallas; Alburquerque, NM; Alexandria, VA; Austell, GA; Jessup, MD; Maitland, FL; Taunton, MA; Houston; Cranford, NJ; Moreno Valley, CA; Oakland, CA; Okemos, MI; Tempe, AZ; Pittsburgh; Richmond, VA; San Antonio; San Juan, Puerto Rico; St. Louis Contacts: J. Roderick Heller III, Pres./CEO; J. Robert Hiner, Exec. VP Property Mgt.; Ann Torre Grant, Exec. VP/CFO; Linda J. Brower, Exec. VP Asset Mgt.; Exec. VPs Acquisitions: Linda G. Davenport, Robert M. Greenfield, Total Sq. St. Under Mgt. '94: 115,408,710 Fee Managed '94: 10.5% Sq. Ft.: 12,117,915 Type Property Under Mgt.: Multifamily - 100% Major Projects Managed '94: Wynnewood Gardens, Dallas Foxchase, Alexandria, VA Grosvenor House, Rockville, MD Debaliviere Place, St. Louis Reflections, San Ramon, CA Chambrel at Island Lake, Longwood, FL 51 West 52nd Street, New York, NY 10019-6178 212 841-7500 Reg./Branches: Dallas and San Francisco Contacts: Arthur J. Mirante, II, Press./CEO; Leonard F. Helbig, Ex. Mng. Dir - Asset Services; Barbara Van Allen, Dir. Corp. Comm. Total Sq. Ft. under Mgt. '94: 110,000,000 Fee Managed '94: 100% Sq. Ft.: 110,000,000 Type Property Under Mgt.: Office - 75% Industrial - 15% Retail - 10% Major Projects Managed '94: American Express Tower, New York 60 Wall Street, New York, NY Citicorp Center, New York, NY 270 Park Avenue, New York, NY

PM REALTY GROUP

1177 West Loop South, Houston, TX 77027 713 966-3600; Fax: 713 966-3780 Regs./Branches: Chicago, Denver and Los Angeles Contacts: Michael Lutton, Chrmn./CEO; James Gorman, VP Kktg.; Jack Koon, Div. Pres, Southwest Region; Ernest Johnson, Div. Pres. Western Region; Steve Baron, SVP., Midwest Region; Martin Morgenstern, Pres./Invstmt. Sales; Robert Cardwell, Pres., Beta West Inc. of Rocky Mt. Region; Howard Ecker, Pres, Ecker/PM Realty Group Total Sq. Ft. under Mgt. '94: 110,000,000 Fee Managed '94: 100% Type Property Under Mgt.: Office - 60% Industrial - 12% Retail - 13% Multifamily/and Other - 9%

COMPASS MGT. AND LEASING

INC., A SUB. OF EQUITABLE

REAL ESTATE INV. MGT., INC.

3414 Peachtree Rd. NE., Ste. 850, Atlanta, GA 30326-1162 404 240-2121; Fax: 404 261-7456 Regs./Branches: Boston, Chicago, Dallas, Denver, Ft. Lauderdale, New York, Irvine, San Francisco and Washington, DC Contacts: Gary R. Sligar, Pres./CEO; Sr. VPs; S. Kenan Manson, Nat'l Opers.; Bruce W. Ficke, Nat'l Leasing & Mktg.; Angelo J. Verde, CEO; Grant A. Grimes, Admin. Total Sq. Ft. under Mgt. '94: 100,000,000 Fee Managed '94: 60% Sq. Ft.: 60,000,000 Type Property Under Mgt.: Office - 46% Industrial - 22% Retail - 2% Other - Corporate Real Estate Svcs. - 30% Major Projects Managed '94: Mellon Bank Corp. (Nationwide) Digital Equipment (Nationwide) Cal Mart, Los Angeles, CA Peachtree Ctr., Atlanta, GA Paine Webber, New York, NY Ameritech, Hoffman Estates, IL

CB COMMERCIAL REAL ESTATE

GROUP, INC.

533 S. Fremont Ave., Los Angeles, CA 90071-1798 213 613-3442; Fax: 213 613-3228 Regs./Branches: Phoenix and Tucson; Denver; Washington, D.C.; Boca Raton, Jacksonville, Miami Orlando and Tampa; Atlanta; Chicago; Indianapolis; Boston; Minneapolis/St. Paul; Kansas City and St. Louis; Las Vegas; Hackensack; Albuquerque; New York City; Charlotte; Cincinnati, Cleveland and Columbus; Oklahoma City; Portland; Philadelphia; Dallas and Houston; Salt Lake City; Seattle; Newport Beach, Sacramento/Reno, San Diego and San Francisco Contacts: Charles O. McBride Jr., COO; Exec. VPs/Property Mgt.: J. Eric Johnson; John L. Mock; James A. Rosten; Thomas A. Smith, Exec. VP/Mktg. & Corp. Comm. Total Sq. Ft. under Mgt.94: 92,311,000 Fee managed '94: 100% Sq. Ft.: 92,311,000 Type Property Under Mgt.: Office - 34% Industrial - 46% Multifamily - 4% Retail - 15% Other - Miscellaneous - 1%

THE GALBREATH CO.

180 E. Broad St., Columbus, OH 43215 614 460-4488; Fax: 614 221-0075 Regs./Branches: Atlanta, Chicago, Denver, Orlando, New York City, Paramus, Pittsburgh and Philadelphia, San Francisco, Cincinnati and Cleveland, Stamford, Ft. Lauderdale, Minneapolis, Washington, D.C., London and Mexico City Contacts: Daniel M. Galbreath, Chmn./CEO; William E. Carleton, Exec. VP; James G. Drayton, Chief Administrative Officer Total Sq. Ft. under Mgt.94: 90,100,000 Fee Managed '94: 96% Sq. Ft.: 86,500,000 Type Property Under Mgt.: Office - 75% Industrial - 7% Multifamily - 1% Retail - 2% Hotel - 1% Other - Outsourcing/partnering - 14% Major Projects Managed '94: CitiCorp Ctr., Chicago, IL 85 Broad St., New York, NY Center Sq., Philadelphia, PA USX Twr., Pittsburgh, PA BP Hqtrs., Cleveland, OH Oakfed, Oakland, CA

SIMON PROPERTY GROUP

P.O. Box 7033, Indianapolis, IN 46207-7033 317 636-1600; Fax: 317 685-7336 Regs./Branches: Bedford, TX Contacts: Melvin Simon, Co-Chrmn.; Herbert Simon, Co-Chrmn.; David Simon, Pres./CEO; Randy Foxworthy, Exec. VP; Jerry Garvey, Exec. VP; Jim Napoli, Exec. VP; John Neutzling, Exec. VP; Deborah Simon, Sr. VP; Andrew Halliday, Sr. VP; James Barkley, General Counsel Total Sq. Ft. under Mgt. '94: 71,961,979 Fee Managed '94: 5% Sq. Ft.: 3,528,553 Type Property Under Mgt.: Office - 2% Retail - 98% Hotel -

AXIOM REAL ESTATE MGT., INC.

Two PNC Plaza, Pittsburgh, PA 15222 412 281-0100; Fax: 412 281-8394 Regs./Branches: Phoenix, Denver, Stamford, Tampa, Atlanta, Chicago, Detroit, New York City, Cleveland, Cincinnati, Philadelphia, Dallas, Houston and Washington, DC Contacts: Thomas E. Wynn, Chmn./CEO; Ronald M. Puntil, Pres./COO; Sr. VPs: Philip B. Rogers; James G. Sterling; Ira L. Williams III Total Sq. Ft. under Mgt. '94: 70,000,000 Fee Managed '94: 100% Sq. Ft.: 70,000,000 Type Property Under Mgt.: Office - 72.9% Industrial - 17.9% Multifamily - 5% Retail - 3.9% Hotel - 0.3% Major Projects Managed '94: IBM (Various), GA, CO, NY, CT, DC New York University, New York, NY 666 Fifth Ave., New York, NY PPG Industries, Pittsburgh, PA 1600 Market St., Philadelphia, PA Northcreek, Atlanta, GA

CHESTERTON BINSWANGER

INT'L

Two Logan Sq., Philadelphia, PA 19103 215 448-6200; Fax: 215 448-6238 Regs./Branches: London Contacts: Frank G. Binswanger III, Pres./Binswanger Int'l Ltd.; Charles Madsen, Pres./Binswanger Property Mgt. Group; John W. Prince, Pres./Rittnehouse Mktg. Assocs. Total Sq. Ft. under Mgt. '94: 65,000,000 Fee Managed '94: 100% Sq. Ft.: 65,000,000 Major Projects Managed '94: Coca Cola Consolidated, Charlotte, NC First Data Corp., Charlotte, NC Whitehall Estates, London & throughout the U.K. Hercules Bldg., Wilmington, DE

PREMISYS REAL ESTATE

SERVICES, INC.

2500 CityWest Blvd., Ste. 1300, Houston, TX 77042 713 260-1500; Fax: 713 260,1555 Regs./Branches: Los Angeles, Chicago and Newark Contacts: Joseph M. Hudec, Pres./CEO; Michael G. Mire, Sr. VP; John McAllister, VP/Mktg.; Kenneth White, CFO Total Sq. Ft. under Mgt. '94: 65,000,000 Fee Managed '94: 30% Sq. Ft.: 19,500,000 Type Property Under Mgt.: Office - 87% Industrial - 10% Retail - 2% Other - Residential - 1% Major Projects Managed '94: First National Bank of Chicago, Chicago, IL Xerox Document Univ., Leesburg, VA Cityplace Ctr. E., Dallas, TX Delta Twrs., Los Angeles, CA Chiquita Ctr., Cincinnati, OH Dominion Plaza, Denver, CO

GENERAL GROWTH COS.

215 Keo, Des Moines, IA 50309 Regs./Branches: Paramus, Minneapolis, Dallas and Los Angeles Contacts: Martin Bucksbaum, Chmn./General Growth Cos.; Bob Michaels, Pres./General Growth Mgt., Inc. Total Sq. Ft. under Mgt. '94: 61,847,160 Fee Managed '94: 100% Sq. Ft.: 61,847,160 Type Property Under Mgt.: Office - 1% Retail - 99% Major Projects Managed '94: Ala Moana, Honolulu, HI Smith Haven, Lake Grove, NY Rosedale, St. Paul, MN Southdale, Minneapolis, MN The Empire, Sioux Falls, SD Lincoln, Chicago, IL

FAISON

121 W. Trade St., 19th Floor, Charlotte, NC 28202 704 331-2500; Fax: 704 377-5827 Regs./Branches: Charlotte, NC; Washington, D.C.; Richmond, VA; Atlanta; Tampa, FL; Orlando, FL; Jacksonville, FL; Boca Raton, FL; Dallas; Austin, TX; Milwaukee Contacts: Henry J. Faison, Chrmn.; Philip W. Norwood, CEO; Barry Hamilton, Partner/Marketing Mgnt. Services; G. Michael Cox, Partner/Management Services Total Sq. Ft. under Mgt. '94: 60,886,232 Fee Managed94: 75% Sq. Ft.: 45,544,597 Type Property Under Mgt.: Office - 37.9% Industrial - 5.4% Multifamily - 3.4% Retail - 52.7% Hotel - 0.5% Major Projects Managed '94: Concourse, Atlanta, GA Towers @ William Sq., Las Colinas, TX Regency Square, Richmond, VA James Center, Richmond, VA NationsBank Plaza, Tampa, FL Savannah Mall, Savannah, GA

URBAN RETAIL PROPERTIES CO.

900 N. Michigan Ave., Ste. 1500, Chicago, IL 60611 312 915-2000; Fax: 312 915-2001 Regs./Branches: Boston; Houston and Ft. Worth; Atlanta; Tampa and Los Angeles Contacts: Matthew S. Dominski, Pres./CEO; Adam S. Metz, CFO, Dir./Acquis; James L. Czech, Pres./Dev. Group; Joseph M. Shrader, Sr. Exec. VP/Property Mgt.; Ross B. Glickman, Exec. VP/Property Leasing Total Sq. Ft. under Mgt. '94: 60,000,000 Fee Managed '94: 90% Sq. Ft.: 53,900,000 Type Property Under Mgt.: Retail - 100%

HINES INTERESTS LTD.

PARTNERSHIP

2800 Post Oak Blvd., Houston, TX 77056-6116 713 621-8000; Fax: 713 966-2053 Regs./Branches: Atlanta, Chicago, New York, San Francisco, Mexico City, Moscow, Berlin and Paris Contacts: Gerald D. Hines, Chmn.; Jeffrey C. Hines, Pres.; EVPs: Kenneth W. Hubbard; Louis S. Sklar; C. Kevin Shannahan; E. Staman Ogilvie; James C. Buie; Michael J.G. Tolham; C. Hastings Johnson, CFO; VPS: Steve Peterson, Property Mgt.; Ann McGonigle Kifer, Mktg. & Corp. Comm. Total Sq. Ft. under Mgt. '94: 59,335,710 Fee Managed '94: 32% Sq. Ft.: 18,644,943 Type Property Under Mgt.: Office - 90% Industrial - 4% Multifamily - O.5% Retail - 5.5% Major Projects Managed '94: 1100 Louisiana, Houston, TX Canal Pt., New Orleans, LA Sanwa Bank Plaza, Los Angeles, CA Park Pl. Moscow, Russia 225 W. Wacker, Chicago, IL 1585 Broadway, New York, NY TRIZEC CORP. LTD./THE HAHN CO. BCE PI., 181 Bay St., Ste. 3900, P.O. Box 800, Toronto, Ontario CN M5J 2T3 416 361-7200; Fax: 416 361-7205 Regs./Branches: Los Angeles, Houston, Detroit, San Diego, Calgary and Montreal Contacts: Willard J. L'Heureux, Pres./CEO; Exec. VPs/Property Mgt.: Lee H. Wagman, Retail; Casel, R. Wold, U.S. Office Div.; R. Michael Latimer, Canadian Office Div.; Upkar S. Arora, Vp/Investor Relations Total Sq. Ft. under Mgt. '94: 57,400,000 Fee Managed '94: 13% Sq. Ft.: 7,200,000 Type Property Under Mgt.: Office - 45% Retail - 55% Major Projects Managed '94: Cullen Ctr., Houston, TX Place Ville Marie, Montreal, Quebec Western Canadian Pl., Calgary, Alberta Los Cerritos Ctr., Los Cerritos, CA North County Fair, Escondido, CA Downtown Plaza, Sacramento, CA

THE ROUSE CO.

10275 Little Patuxent Pky., Columbia, MD 21044 410 992-6000; Fax: 410 992-6363 Regs./Branches: Houston, Austin, Ft. Worth and San Antonio; Phoenix; Augusta, Atlanta and Decatur; Miami, Tallahassee, Jacksonville and Tampa; Beachwood, Toledo and Dayton; Burlington Township, Cherry Hill, Voorhees, Paramus, Wayne and Woodbridge; Colorado Springs; Cedar Falls, Marshalltown, Muscatine, Ames and W. Burlington; Columbia, Baltimore and Glen Burnie; Exton, Greensburg, Plymouth Meeting and Philadelphia; Springfield and Boston; Newport Beach and Santa Monica; Milwaukee; Louisville; Shreveport, Gretna and New Orleans; Charlotte; Fayetteville, AR; Portland and Salem, OR; Mt. Prospect, IL; Minnetonka, MN; St. Louis; Seattle; Toronto, Ontario; Washington, D.C.; Taylor, MI; New York City and Staten Island Contacts: Anthony W. Deering, Pres./CEO; Douglas A. McGregor, Exec. VP/Dev. & Opers.; Jeffrey H. Donahue, Sr. VP/CFO; Cathy A. Lickteig, VP, Dir./Corp. Public Affairs Total Sq. Ft. under Mgt. '94: 57,317,000 Fee Managed '94: 24% Sq. Ft.: 13,710,000 Type Property Under Mgt.: Office - 14% Industrial - 6.2% Retail - 79.8% Major Projects Managed '94: Columbia Mall, Columbia, MD Willowbrook Mall, Wayne, NJ Woodbridge Ctr., Woodbridge, NJ North Star Mall, San Antonio, TX Cherry Hill Mall, Cherry Hill, NJ Perimeter Mall, Atlanta, GA

DEBARTOLO PROPERTIES MGT.,

INC.

7655 Market St., Youngstown, OH 44513-32,87 216 758,7292; Fax: 216 758-3598 Regs./Branches: Cleveland, Dallas, Indianapolis, Orlando and Miami, Paramus, Philadelphia and Pittsburgh Contacts: Richard S. Sokolov, Pres./CEO; Sr. VPs: F. Carl Dieterle Jr., Property Mgt.; Robert L. Ferguson, Dev.; Norman W. Peters, Leasing Total Sq. Ft. under Mgt, '94: 53,870,260 Fee Managed '94: 3% Sq. Ft.: 1,856,515 Type Property Under Mgt.: Retail - 100% Major Projects Managed '94: Castleton Sq., Indianpolis, IN The Florida Mall, Orlando, FL Great Lakes Mall, Mentor, OH Randall Park Mall, Cleveland, OH Tacoma Mall, Tacoma, WA

THE RREEF FUNDS

650 California St., Ste. 1800, San Francisco, CA 94108 415 781-3300; Fax: 415 391-9015 Regs./Branches: Phoenix and Tempe, AZ; Agoura Hills, Alamo, Anaheim, Azusa, Carlsbad, Covina, Garden Grove, La Jolla, Los Angeles, Newhall, Newport Bch., San Clemente, San Diego, San Francisco, San Jose, San Ramon, Santa Rosa and Sunnyvale, CA; Denver, Lakewood, Littleton and Westminster, CO; Daytona Bch., Hollywood, Orlando, Palm Bch and West Palm Bch, FL; Alpharetta, Atlanta, Lithonia and Marietta, GA; Chicago, Lake Bluff, Lombard, Oak Brook, Palatine, Schaumburg and Westmont, IL; Gaithersburg and Rockville, MD; Hackensack and Thorofare, NJ; Okalahoma City and Tulsa, OK; Clackamas and Portland, OR; Bensalem and King of Prussia, PA; Austin, Dallas, Eutess, Ft. Worth and Houston, TX; Bellevue, Mill Creek and Redmond, WA; Hendersonville, TN; Shreveport, LA; Raleigh, NC; Detroit, Minneapolis, St. Louis and Milwaukee Conracts: Donald A. King Jr., Mng. Ptr.; Ptrs. in Charge: Robert J. Nauratil, Property Mgt.; Gerald E. Egan, Portfolio Mgt. Total Sq. Ft. under Mgt. '94: 51,000,000 Fee Managed '94: 100% Sq. Ft.: 51,000,000 Type Property Under Mgt.: Office - 23% Industrial - 34% Multifamily - 18% Retail - 25% Major Projects Managed '94: Commons at Willowbrook, Houston, TX Century City Shopping Ctr., Los Angeles, CA Westbelt Bus. Pk., Columbus, OH Great SW Portfolio, Dallas, TX IBM Office Complex, Atlanta, GA

PARAGON GROUP PROPERTY

SERVICES, INC.

7557 Rambler Rd., Ste. 1200, Dallas, TX 75231 214 891-2000; Fax: 214 891-2019 Regs./Branches: Tampa, St. Louis and Kansas City, Charlotte, Louisville and Los Angeles Contacts: Don M. Shine, Pres.; Brian F. Lavin, Pres./Paragon Residential; Douglas A. Kansas, Pres./Paragon Commercial Total Sq. Ft. under Mgt. '94: 48,000,000 Fee Managed '94: 50% Sq. Ft.: 24,000,000 Type Property Under Mgt.: Office - 47% Industrial - 16% Multifamily - 35% Other - Corp. Facilities - 2% Major Projects Managed '94: Barnett Plaza, Tampa, FL 100 N. Tampa, Tampa, FL 10000 N. Central, Dallas, TX Gateway One on the Mall, St. Louis, MO One American Ctr., Austin, TX

EQUITY RESIDENTIAL

PROPERTIES TRUST

2 N. Riverside Plaza, Chicago, IL 60606 312 474-1300; Fax: 312 454-0614 Regs./Branches; Chicago; Denver; Dallas; Seattle; Tampa, FL; Bethesda, MD; Atlanta; Las Vegas; Little Rock, AR; Phoenix; Portland, OR; Orange County, CA; San Antonio Contacts: Douglas Crocker 11, Pres./CEO; Fred Tuomi, VP Property Mgt.; Cindy McHugh, VP Mktg./Corp. Comm.; Greg Smith, VP Asset Mgt. Total Sq. Ft. under Mgt. '94: 44,249,383 Type Property Under Mgt.: Multifamily - 100%

THE RICHARD E. JACOBS GROUP

25425 Center Ridge Rd., Cleveland, OH 44145 216 871-4800; Fax: 216 892-2741 Contacts: Richard E. Jacobs, Chmn./CEO; Martin J. Cleary, Pres./COO; VPs: Stephen L. Huber, Property Mgt.; Anthony W. Weigand, Finance; William N. Fullington, Dir./Mktg. Svcs. Total Sq. Ft. Under Mgt. '94: 43,163,702 Fee Managed '94,- 5% Sq. Ft.: 2,177,168 Type Property Under Mgt.: Office - 8% Retail - 92% Major Projects Managed '94: Hanes Mall, Winston-Salem, NC Society Ctr., Cleveland, OH Southcenter, Seattle, WA Cary Towne Ctr., Raleigh, NC