City Office REIT, Inc. (NYSE: CIO) invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States. At September 30, 2020, CIO owned office complexes comprising 5.8 million square feet of net rentable area (?NRA?).
History
City Office REIT was formed in 2015 to capitalize on the growing creative office trend throughout the United States. The Company has focused on building a diverse portfolio of creative office properties in major coastal US cities, including Houston, Austin, New York, Los Angeles and Seattle. The Company has acquired over 20 office assets since its formation and is actively pursuing additional opportunities.
Mission
Our mission is to become the premier way to invest in creative office properties. We strive to maximize returns through creating long-term value for our shareholders while maintaining an intimate understanding of our tenants’ and partners’ needs.
Vision
Our vision is to create vibrant work environments that foster innovation and creativity, while delivering superior risk-adjusted returns to our investors. We strive to be a high-quality, long-term provider of office space while becoming an integral part of the community.
Key Team
Ms. Stephanie Chung (Sr. VP of Fin.)
Mr. Ken Pool (Sr. VP of Operations)
Recognition and Awards
City Office REIT has received numerous awards for its innovative approach to creative office, including the National Real Estate Investment Association’s “Best REIT for Creative Office” award in 2017 and 2018, and the National Multi-Housing Council’s “Innovator of the Year” award in 2019.