American Assets Trust, Inc. (“AAT”) is currently seeking acquisition opportunities of irreplaceable high-quality office campuses and multi-family projects, preferably those with expansion, redevelopment and lease-up/re-leasing potential, located in proven, regional trade areas within our coastal west coast target markets. Additionally, AAT is willing to evaluate portfolio transactions generally consistent with the criteria set forth herein.
AAT seeks acquisition opportunities in the following geographic areas:
San Francisco County
Santa Clara County
San Mateo County
Los Angeles County (West LA)
San Diego County
King County (Seattle, Bellevue)
Minimum of 50,000 people within a 3-mile radius and/or annual household income of $100,000 within 3-mile radius.
Minimum of 100,000 square feet for office campuses and 100 units for a multi-family project.
Minimum of $50 million. AAT will consider assuming existing loans and offers OP unit structures to defer capital gains taxes of seller.