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Pacific Office Properties Trust, Inc. · Santa Monica, CA United States ·(NYSE Alternext: PCE)

Company Description

233 Wilshire Blvd. Ste. 830
Santa Monica, CA
90401
United States (Map)
Phone: 310-395-2083

    Like the mythical phoenix rising out of the ashes, Arizona Land Income has gained new life as Pacific Office Properties. The real estate investment trust (REIT) largely languished in inactivity for years, but in 2008 joined forces with the privately held commercial property owner The Shidler Group. The combined company owns about 10 office properties in the Western US and is the largest office building owner in Honolulu, Hawaii. Shidler Group founder Jay Shidler, who has had success with other REITS including Corporate Office Properties Trust and First Industrial Realty Trust, additionally took over as chairman of Pacific Office Properties after the transaction. To read the full description, subscribe now.

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    Key Pacific Office Properties Trust, Inc. Financials

    Company TypePublic - NYSE Alternext: PCE

    Single Location
    Fiscal Year-EndDecember
    2008 Sales (mil.)$64.1

    Pacific Office Properties Trust, Inc. Executives

    13 executives listed for Pacific Office Properties Trust, Inc.'s Santa Monica, CA location.
    TitleName & BioContact
    ChairmanJay ShidlerNetwork
    President, CEO, and DirectorDallas LucasNetwork
    CFOJames KasimNetwork

    Competition

    Competitive Landscape for Pacific Office Properties Trust, Inc.
    The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.
    Top Pacific Office Properties Trust, Inc. Competitors
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