American Assets Trust is a vertically integrated REIT that owns and operates office, retail, multifamily, and mixed-use properties across West Coast markets. The company was formed in 2011 to succeed American Assets, Inc., a privately held corporation founded in 1967, bringing over 55 years of operating experience to markets in Southern California, Northern California, Washington, Oregon, and Hawaii. The REIT trades on the New York Stock Exchange under ticker AAT. The portfolio comprises approximately 4.3 million rentable square feet of office space, 2.5 million square feet of retail, 2,302 multifamily units, and one mixed-use property featuring 94,000 square feet of retail and a 369-room hotel in Waikiki. The company focuses on acquiring and repositioning properties in markets with high barriers to entry, limited new supply, and replacement costs that support rental growth. Office holdings include assets in San Diego, San Francisco, Bellevue, and Portland. Retail centers are located in supply-constrained trade areas with demographics that support experiential and necessity-based tenants. The multifamily portfolio is concentrated in San Diego and Portland.