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Overview
American Assets Trust is a real estate investment trust (REIT) that focuses on acquiring, developing, and managing high-quality retail, office, and residential properties primarily in the Western United States. The company was founded in 1967 and is headquartered in San Diego, California. American Assets Trust's portfolio includes over 50 properties spanning more than 4.9 million square feet of commercial space and over 2,600 residential units across major metropolitan markets such as San Diego, San Francisco, Portland, and Seattle. The company's properties are mainly located in affluent and high-growth areas, and include mixed-use properties, lifestyle centers, and office buildings. The company has a strong commitment to sustainability and has implemented various eco-friendly practices in its properties, such as energy-efficient upgrades and LEED certification. It also works closely with local communities to create desirable and sustainable places to live and work. American Assets Trust is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol AAT. The company has a market capitalization of over $2 billion and is consistently ranked as one of the top REITs in the country. In addition to its core real estate operations, American Assets Trust also engages in charitable and philanthropic initiatives through its American Assets Trust Foundation, which supports organizations focused on education, health and human services, and the arts.
What is special about the company?
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