Financial Services >> CEO Interviews >> May 4, 1998

Michael V. Prentiss – Prentiss Properties Trust (pp)

MICHAEL V. PRENTISS serves as Chairman and Chief Executive Officer of the Company and has served in such capacity since its formation in October 1996. Mr. Prentiss, the founder of PPL, has over 25 years experience in real estate development, acquisitions and investment management and has acquired or developed properties with an aggregate value in excess of $2 billion. From 1987 to 1992 he served as President and CEO of PPL, and since 1992, he has served as its Chairman and CEO. From 1978 to 1987, Mr. Prentiss served as President of Cadillac Fairview Urban Development, Inc. ('Cadillac Urban'), Executive Vice President and member of the Board of Trustees of Cadillac Fairview Corporation Limited ('Cadillac Fairview'), and a member of Cadillac Fairview's Executive Committee. Cadillac Urban was the largest business unit of Cadillac Fairview, responsible for all of its office, mixed-use and suburban office park development activity in the U.S. and Canada. Prior to 1978, Mr. Prentiss was President of Ackerman Development Company. Mr. Prentiss is a Baker Scholar of the Harvard Graduate School of Business Administration. He holds a Bachelor of Science degree in Civil Engineering and a B.A. degree in Business Administration from Washington State University. Profile
TWST: Give us a brief summary, a bit of an historical sketch on Prentiss

Properties Trust and then bring us up to date. What do you see as the

challenges and opportunities for your company over the