Server: Microsoft-IIS/3.0 Date: Fri, 19 Dec 1997 16:07:02 GMT Content-Type: text/html Accept-Ranges: bytes Last-Modified: Thu, 06 Nov 1997 14:44:27 GMT Content-Length: 3486 Chelsea GCA Premium Outlet Shopping




COMPANY PROFILE

   
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CHELSEA GCA REALTY, INC. is a fully integrated, self-administered and self-managed real estate investment trust (REIT) specializing in the development, leasing, marketing, management and long-term ownership of upscale and fashion-oriented manufacturers' outlet centers. The Company is the sole managing general partner in Chelsea GCA Realty Partnership, L.P., a limited partnership through which it conducts all of its business.

Chelsea GCA's properties are located primarily in major metropolitan markets or near major tourist destinations, including New York City, Boston, Los Angeles, San Francisco, Atlanta, Sacramento, Portland (Oregon), Cleveland, coastal Connecticut, the Napa Valley, Palm Springs, the Monterey Peninsula and Hawaii.

Chelsea GCA's operating portfolio is comprised of 20 properties - containing over 4.3 million square feet of gross leasable area - in twelve states primarily on the east and west coasts of the United States. The company's newest project which opened October 15,1997, is in Wrentham, Massachusetts, located between Boston and Providence.

Chelsea GCA Realty, Inc.'s common stock has been listed on the New York Stock Exchange since 1993 and is traded under the ticker symbol CCG.

For more information, write or call:

Chelsea GCA Realty, Inc.
103 Eisenhower Parkway
Roseland, NJ 07068
Attention: Ms. Erdean Danckwerth
Tel.: (973) 228-6111


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