American Assets Trust at REITWeek 2017

We are a full service, vertically integrated and self-administered real estate investment trust, or REIT, that owns, operates, acquires and develops high quality retail, office, multifamily and mixed-use properties in attractive, high-barrier-to-entry markets in Southern California, Northern California, Oregon, Washington, Texas and Hawaii.

Robert F. Barton
Executive Vice President and Chief Financial Officer
858-350-2607

American Assets Trust, Inc. Announces Issuance of $100 Million of 4.24% Senior Guaranteed Notes, Series E, Due May 23, 2029

May 23, 2017
SAN DIEGO, May 23, 2017 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) and American Assets Trust, L.P. (the “Operating Partnership”) announced today the closing of a privately placed debt offering of $100,000,000 of twelve-year senior guaranteed notes (the “Series E Notes”) by the Operating Partnership.  The Series E Notes are unsecured, will pay a fixed interest rate of 4.24% and are due on May 23, 2029. Prior to closing, the Operating Partnership entered into a treasury lock contract to reduce the interest rate variability exposure of the projected interest cash outflows under the then-prospective private placement of the Series E Notes described above.   As...

American Assets Trust, Inc. Reports First Quarter 2017 Financial Results

May 02, 2017
Net income available to common stockholders of $7.4 million for the three months ended March 31, 2017, or $0.16 per diluted share Funds From Operations decreases 2% year-over-year for the three months ended March 31, 2017 Same-store cash NOI decreases 2% year-over-year for the three months ended March 31, 2017 Acquisition of the Pacific Ridge Apartments in San Diego, California SAN DIEGO, May 02, 2017 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “company”) today reported financial results for its first quarter ended March 31, 2017. Financial Results and Recent Developments Net income available to common stockholders of $7.4 million for the three months ended ...

American Assets Trust, Inc. Acquires the Pacific Ridge Apartments in San Diego, California

April 28, 2017
SAN DIEGO, April 28, 2017 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) has successfully closed on the acquisition of the Pacific Ridge Apartments (the “Property”), a 533 unit luxury apartment community located in San Diego, California that was completed in 2013 and is currently approximately 96% leased.  The purchase price was approximately $232 million, funded with a combination of cash on hand and funds drawn against the Company’s existing credit facility. The Property is perched atop a bluff offering unobstructed panoramic views of the Pacific Ocean with an unparalleled amenities package and designed with a large focus on environmental sustainability.  ...

American Assets Trust, Inc. Announces First Quarter 2017 Earnings Release Date and Conference Call Information

April 03, 2017
SAN DIEGO, April 03, 2017 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its first quarter 2017 earnings in a press release to be issued after the market closes on Tuesday, May 2, 2017. Senior management will hold a conference call for its first quarter 2017 earnings on Wednesday, May 3, 2017 at 8:00 a.m. Pacific Time (“PT”).  Conference call access information is as follows: Toll Free Number: 1 (877) 868-5513 Pass Code: 3158069 A telephonic replay of the conference call will be available beginning at 2:00 p.m. PT on Wednesday, May 3, 2017 through Wednesday, May 10, 2017.  Replay access information is as follows: Toll Free Number: 1 (855) 859...