EXHIBIT 99.1
AmeriVest Properties Inc. - Logo
SNAPSHOT
www.AMVproperties.com
Mission Statement
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The future of America's economic growth is clearly within its small and
mid-sized businesses. AmeriVest Properties acquires, develops and operates
multi-tenant office properties in select high growth markets that serve these
businesses. Our properties provide efficient physical design with current
generation technology, and our management responds quickly and creatively to
tenant needs. In this manner we strive to build customer loyalty, outperform our
competition, and generate superior returns to our shareholders.
[Bar graphs appear here based on data points indicated.]
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Total Assets ...increasing every year
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1997 1998 1999 2000 2001*
$ in Millions 11.6 23.7 30.3 42.3 87
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Annual Revenues...increasing every year
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1997 1998 1999 2000 2001*
$ in Millions 2.5 3.8 5.9 7.2 10
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Operating Cash Flow (FFO)**...increasing every year
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1997 1998 1999 2000 2001*
FFO in Thousands 450 755 1281 1385 2400
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Dividends Per Share... increasing every year
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1997 1998 1999 2000 2001
Cash Dividend 0.45 0.47 0.48 0.49 0.50
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Bottom Line ... Total Return to Shareholders***
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AmeriVest % Industry % S & P 500%
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1 Year 33.0 28.3 -11.9
3 Year Avg. 27.3 11.8 0.0
5 Year Avg. 24.4 8.8 12.4
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Source: Morningstar, Inc. (Morningstar.com) as of 1/02/02.
* The figures for 2001 are unaudited preliminary estimates and are subject to
change when our audit is completed.
** Operating Cash Flow = net income (loss) excluding gains (or losses) from
debt restructuring and sales of properties, plus real estate related
depreciation and amortization and after adjustments for unconsolidated
partnerships and joint ventures.
*** Total return based on stock price appreciation and reinvestment of all
dividends.
Certain statements discussed in this brochure constitute "forward looking
statements" and involve risks, uncertainties and other factors which may cause
the actual outcome to be materially different form the outcome expressed or
implied by such statements. Such risks and uncertainties include general
economic conditions, local real estate conditions, the performance of recently
acquired properties and other risks detailed from time to time in AmeriVest's
Securities and Exchange Commission filings.