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DENVER-Locally based AmeriVest Properties Inc., a real estate investment trust that invests in office buildings that cater to small- and medium-sized tenants, reports operating revenue of $4.79 million and net income of $760,471, or $0.23 per share in the first six months of the year. That compares with revenues of $3.357 million, and net income of $228,522, or $0.10 per share, from the same period in 2000.

Funds from operations for the six months were $77,286, or $0.24 per share, compared with $795,179, or $0.36 per share.

For the second quarter, operating revenues came in at $2.8 million and net income of $715,901 or $0.21 per share, a sizeable increase from the net income of $110,869, or $0.05 a share in the second quarter of 2000.

However, results for the second quarter of this year included operations from the company’s Sheridan Plaza at Inverness and Sheridan Center buildings, and the Panorama Falls office building, which was acquired in May 2000.

The second quarter results do not include any operations form the self-storage facilities that AmeriVest sold in the third quarter of 2000 and only two months of operations from the Giltedge office building in Wisconsin, which it sold in June of this year.

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