Summary
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. The company has over 50 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Oregon, Washington, Texas and Hawaii. The company's office portfolio comprises approximately 3.4 million rentable square feet, and its retail portfolio comprises approximately 3.1 million square feet. In addition, the company owns one mixed-use property (including approximately 97,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,112 multifamily units. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes.
History
AAT was founded in 1962 as a listed trust on the New York Stock Exchange and has achieved long-term success through our attention to detail, prudent decisions and close relationships with local management teams. AAT has developed into a leading REIT focused on growth markets, with ownership interests in real property concentrated in California and Texas. AAT is committed to delivering long-term, consistent and predictable growth to its shareholders.
Mission
American Assets Trust’s mission is to continue to be a premier regional real estate investment trust while providing superior returns and exceptional customer and shareholder service.
Vision
AAT envisions a future that is built on a strong commitment to recurring revenue and growth potential for shareholders, a strategic focus on core markets, and a constant supply of educated and motivated people.
Key Team
Mr. Jerry Gammieri (Sr. VP of Construction & Devel.)
Mr. Christopher E. Sullivan (Sr. VP of Retail Properties)
Mr. Steve Center (Sr. VP of Office Properties)
Ms. Abigail Rex (Director of Multifamily, San Diego)
Recognition and Awards
American Assets Trust has been recognized for its commitment to excellence with several awards, including the #1 ranking in its peer group for total return to shareholders over a five-year period in 2016, by the St. Louis Financial Times, and the #1 ranking in the 2019 Top 10 Southern California Retail Real Estate Companies list by Los Angeles Business Journal.
References
United States 
