American Assets is off to a good start after going public earlier this year and is looking forward to 2012 according to John Chamberlain, president and CEO and "It's been very exciting, we have been public for 11 months now and accomplished most of what we set up to do in terms of having all of the policies and provisions in place to be a public company," Chamberlain said.
Since becoming a public company American Assets has modified their portfolio from a national platform to one that is more West Coast specific Chaimberlain said the company is focused on markets in places like Portland, San Francisco, Southern California and Hawaii to american Assets recently acquired properties in the Portland area and the company is continuing to search for assets in the Pacific Northwest, according to Chamberlain to we are pleased to find the same level quality of product that we are adding to our existing portfolio," he said.
He said the risk in doing so is much less than buying a new development site and the “Those properties we already own could provide immediate growth strategy for going into 2012,” Chamberlain said.
Since becoming a public company American Assets has modified their portfolio from a national platform to one that is more West Coast specific Chaimberlain said the company is focused on markets in places like Portland, San Francisco, Southern California and Hawaii to american Assets recently acquired properties in the Portland area and the company is continuing to search for assets in the Pacific Northwest, according to Chamberlain to we are pleased to find the same level quality of product that we are adding to our existing portfolio," he said.
He said the risk in doing so is much less than buying a new development site and the “Those properties we already own could provide immediate growth strategy for going into 2012,” Chamberlain said.
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