American Assets Trust (NYSE:AAT) (NYSE: AAT) is a self-administered and self-managed real estate investment trust that owns, operates, and develops a portfolio of retail, office, and multifamily properties. The company focuses primarily on high-quality assets in coastal markets, where it seeks to benefit from population growth, employment concentrations, and limited availability of developable land.
Its portfolio includes shopping centers and other retail properties, office buildings, and apartment communities. American Assets Trust provides property management, leasing, and related real estate services for its properties and works to enhance asset value through redevelopment, renovations, tenant improvements, and disciplined capital investment.
The company’s properties are concentrated in markets including Southern California, Northern California, Oregon, and Hawaii. American Assets Trust traces its roots to 1967 and became a publicly traded REIT in 2011 after being spun off from American Assets, Inc. The company is headquartered in San Diego, California, and is led by President and Chief Executive Officer John Chamberlain.
