Essex Property Trust is a self-administered and self-managed real estate investment trust. Co. owns all of its interest in its real estate investments directly or indirectly through Essex Portfolio, L.P. (the Operating Partnership). Co. is the sole general partner of the Operating Partnership. Co. is engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of predominantly apartment communities. As of Dec 31 2012, Co. owned or held an interest in 163 communities, aggregating 33,468 units, located along the West Coast, as well as five commercial, and nine active development projects with 2,495 units in various stages of development.
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