American Assets Trust

American Assets Trust Inc was formed as a Maryland corporation in July 2010. The Company is a full service, vertically integrated and self-administered real estate investment trust, or REIT, that owns, operates, acquires and develops high quality retail and office properties in Southern California, Northern California and Hawaii. Its portfolio will be comprised of ten retail shopping centers; six office properties (including one owned pursuant to a joint venture); a mixed-use property consisting of a 369-room all-suite hotel and a retail shopping center; and four multifamily properties. Its predecessor had three operating segments: retail, office and multifamily. Its mixed-use segment will be comprised of approximately 97,000 rentable square feet of retail space and a 369-room all-suite hotel. The Company's strategy is to capitalize on acquisition oppportunities in high-barrier-to-entry markets, reposition/redevelopment and development of office and retail properties, proactive asset and property management, disciplined capital recycling strategy.