FORM 10-QA
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
(Mark One)
[X] Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934 For quarterly period ended September 30, 1995
[ ] Transition report pursuant to section 13 or 15(d) of the Securities Exchange
Act of 1934 For the transition period from _____to_____
Commission File Number 0-10421
CORNERSTONE PROPERTIES INC.
(Exact name of registrant as specified in its charter)
Nevada 74-2170858
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
31 West 52nd Street, Suite 1600
New York, New York 10019
(Address of principal executive offices)
(212) 474-7100
(Registrant's telephone number, including area code)
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes [X] No [ ]
ARICO America Realestate Investment Company
(Former name)
Number of shares of Common Stock outstanding as of September 30,1995:19,710,255
<PAGE>
Item 6. EXHIBITS AND REPORTS ON FORM 8-K
(a) Exhibits:
3) For EDGAR filing purposes only, this report contains Exhibit
27, Financial Data Schedule.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
CORNERSTONE PROPERTIES INC.
(Registrant)
By: /s/ John S. Moody
---------------------------------------
John S. Moody, President and CEO
By: /s/ Thomas P. Loftus
---------------------------------------
Thomas P. Loftus, Vice President and Controller
(Principal Financial Officer)
Date: January 23, 1996
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<MULTIPLIER> 1000
<PERIOD-TYPE> 9-mos
<FISCAL-YEAR-END> Dec-31-1995
<PERIOD-START> Jan-01-1995
<PERIOD-END> Sep-30-1995
<CASH> 85,071
<SECURITIES> 0
<RECEIVABLES> 8,640
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 91,322
<PP&E> 491,792
<DEPRECIATION> 175,708
<TOTAL-ASSETS> 539,503
<CURRENT-LIABILITIES> 14,900
<BONDS> 319,600
<COMMON> 187,704
0
50,000
<OTHER-SE> (32,905)
<TOTAL-LIABILITY-AND-EQUITY> 539,503
<SALES> 0
<TOTAL-REVENUES> 23,267
<CGS> 0
<TOTAL-COSTS> 21,099
<OTHER-EXPENSES> 781
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 6,717
<INCOME-PRETAX> 1,387
<INCOME-TAX> 0
<INCOME-CONTINUING> 1,387
<DISCONTINUED> 0
<EXTRAORDINARY> (646)
<CHANGES> 0
<NET-INCOME> 741
<EPS-PRIMARY> 0.01
<EPS-DILUTED> 0.01
</TABLE>