With a current total market capitalization of $9.9 billion, Archstone-Smith owns and operates a portfolio of high-rise and garden apartment communities concentrated in many of the most desirable neighborhoods in the greater Washington, D.C. metropolitan area, Southern California, the San Francisco Bay area, Chicago, Boston, Southeast Florida, Seattle and the greater New York City metropolitan area. It has one property in the Central Platte Valley in Denver.
As of December 31, 2003, Archstone-Smith owned or had an ownership position in 249 communities, representing 88,183 units, including units under construction. A Fortune 1000 company, Archstone-Smith is the second largest public company in Colorado based on 2002 net income, and ranks 348 on the Forbes Super500 List for 2003.
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