AAT is seeking acquisition opportunities of irreplaceable multi-family communities and outdoor, life-style retail centers, including 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.
Locations
AAT seeks acquisition opportunities in the following geographic areas:
Northern California
San Francisco County
Santa Clara County
San Mateo County
Alameda County
Southern California
Los Angeles County (West LA)
Orange County
San Diego County
Oregon
Multnomah County
Washington County
Clackamas County
Washington
King County (Seattle, Bellevue)
Hawaii
Honolulu County
Criteria
Demographics
Minimum of 50,000 people within a 3-mile radius and/or annual household income of $100,000 within 3-mile radius.
GLA
Minimum of 100,000 square feet for retail properties and 100 units for a multi-family project.
Investment
Minimum of $50 million. AAT will consider assuming existing loans and offers OP unit structures to defer capital gains taxes of seller.
Acquired Properties since 2011 IPO
