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July 25th, 2011

Spotlight on REITs: Security Capital Industrial Trust

(Money Manager) - Security Capital Industrial Trust: This is a Real Estate Investment Trust that specializes in Industrial properties, It was traded on the New York Stock Exchange as SCN until 1998 when it was then renamed ProLogis and was traded as PLD. This company was founded in Colorado in 1991 but it did not go public until 1994. As of 2005 the company had 54.7 million square feet of industrial space, but that was just the beginning of this companies march to the largest industrial REIT in the USA today.

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