Ernest Rady Buys Shares of American Assets Trust, Inc. $AAT
Key Points
- Ernest Rady bought 10,000 shares of American Assets Trust, Inc. ($AAT) worth $246,300.
- $AAT last traded around $24.41.
Ernest Rady, Executive Chairman at American Assets Trust, Inc. ($AAT), bought 10,000 shares at an average price of $24.63, for a total transaction of $246,300. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
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About American Assets Trust, Inc.
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust. The company has over 55 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nations most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Washington, Oregon, Texas and Hawaii. Its office portfolio comprises approximately 4.3 million rentable square feet, and its retail portfolio comprises approximately 2.4 million rentable square feet. In addition, the company owns one mixed-use property (including approximately 94,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,302 multifamily units. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes. American Assets Trust, Inc. is headquartered in San Diego, California. American Assets Trust, Inc. was incorporated in 1967 in Maryland and based in San Diego, California.
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