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Maguire Properties (MPG) (MPG)

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MPG Office Trust, Inc.
355 South Grand Avenue
Suite 3300
Los Angeles, CA 90071
United States - Phone: 213-626-3300
Fax: 213-687-4758
Website: http://www.mpgoffice.com


MPG Office Trust, Inc. is the largest owner and operator of Class A office properties in the Los Angeles central business district and is primarily focused on owning and operating high-quality office properties in the Southern California market. MPG Office Trust, Inc. is a full-service real estate company with substantial in-house expertise and resources in property management, marketing, leasing, acquisitions, development and financing.  

 

Team Profiles
 

David L. Weinstein
President and Chief Executive Officer; Director

Shant Koumriqian
Executive Vice President, and Chief Financial Officer

Peggy M. Moretti
Executive Vice President, Investor and Public Relations, and Chief Administrative Officer

 

Jonathan L. Abrams
Senior Vice President, General Counsel and Secretary

 

Peter K. Johnston
Senior Vice President, Leasing

 

Venture Partners
Maguire Properties and Macquarie Office Trust formed the Maguire Macquarie Office venture in January 2006 - now managed by the Charter Hall Group. The aggregate size of the initial Maguire Macquarie Office portfolio is nearly 4 million square feet and includes six assets: One California Plaza, Cerritos Corporate Center, Quintana, San Diego Tech Center, Wells Fargo Center in Denver and Stadium Gateway.


 

 

 

  

MPG Office Trust ,

Properties

 

Orange County

 

San Diego County
  San Diego Tech Center
 

Denver
  Wells Fargo Center

Prime Location : Down Town LA Sky Line and Map of Down town building's locations.

Downtown Los Angeles Skyline

Map of Downtown Los Angeles

 

 

 

Leasing Information

213 626 3300

For more information
or to request additional materials, please e-mail
a representative below:

Josh G. Wrobel
Pat McRoskey
Rachael Zanetos
Lalo Diaz

MPG Office Trust Reports Third Quarter 2011 Financial Results
http://phx.corporate-ir.net/phoenix.zhtml?c=136938&p=irol-newsArticle&ID=1623883&highlight=

Organization and Description of Business

 
As used in these consolidated financial statements and related notes, the terms "MPG Office Trust," the "Company," "us," "we" and "our" refer to MPG Office Trust, Inc. Additionally, the term "Properties in Default" refers to our Stadium Towers Plaza, 500 Orange Tower, Two California Plaza and Glendale Center properties, whose mortgage loans were in default as of March 31, 2012 and where our ultimate goal is to exit the assets.
 
We are a self-administered and self-managed real estate investment trust ("REIT"), and we operate as a REIT for federal income tax purposes. We are the largest owner and operator of Class A office properties in the Los Angeles Central Business District ("LACBD").
 
Through our controlling interest in MPG Office, L.P. (the "Operating Partnership"), of which we are the sole general partner and hold an approximate 88.7% interest, and the subsidiaries of our Operating Partnership, including MPG TRS Holdings, Inc., MPG TRS Holdings II, Inc., and MPG Office Trust Services, Inc. and its subsidiaries (collectively known as the "Services Companies"), we own, manage and lease real estate located in the greater Los Angeles area of California and Orange County, California. These locales primarily consist of office properties, parking garages and land parcels.
 
On March 30, 2012, the Company, together with Charter Hall Office REIT ("Charter Hall"), sold its interests in Wells Fargo Center, located in Denver, Colorado, and San Diego Tech Center, located in San Diego, California (each of which was a joint venture property) to affiliates of Beacon Capital Partners, LLC ("Beacon Capital"). Subsequent to the property dispositions, Charter Hall sold its 80% interest in the joint venture to an affiliate of Beacon Capital.
 
The Company entered into a new joint venture agreement with Beacon Capital related to MPG Beacon Venture, LLC (the "joint venture"). Under this agreement, the joint venture will continue to own One California Plaza, located in downtown Los Angeles, Cerritos Corporate Center, located in Cerritos, California, and Stadium Gateway, located in Anaheim, California (which is currently under contract for sale, subject to customary closing conditions). The new joint venture agreement provides for a three-year lockout period, during which time neither partner will have the right to exercise the marketing rights under the new joint venture agreement. The Company continues to maintain a 20% interest in the joint venture.
 
As of March 31, 2012 , our Operating Partnership indirectly owns whole or partial interests in 16 office properties, off-site parking garages, and on-site structured and surface parking (our "Total Portfolio"). We hold an approximate 88.7% interest in our Operating Partnership, and therefore do not completely own the Total Portfolio. Excluding the 80% interest that our Operating Partnership does not own in the joint venture, our Operating Partnership's share of the Total Portfolio is 9.9 million square feet and is referred to as our "Effective Portfolio." Our Effective Portfolio represents our Operating Partnership's economic interest in the office properties and parking garages from which we derive our net income or loss, which we recognize in accordance with U.S. generally accepted accounting principles ("GAAP"). The aggregate square footage of our Effective Portfolio has not been reduced to reflect our limited partners' 11.3% share of our Operating Partnership.

 

 

Share Structure:
Common stock, 100,000,000 shares authorized;
50,754,943  outstanding
at March 31, 2012


 

 

 

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#404   Hahaha people that own the company gotta be motorcityAce 02/23/15 04:05:58 PM
#403   Someone is pumping this one motorcityAce 02/22/15 03:25:59 AM
#402   Under the terms of the merger agreement, the B-Money 04/25/13 09:39:20 AM
#401   NOT ALL THE TIME. Apophis 03/11/13 09:42:59 AM
#400   Sold at $2.77 weeks ago, one cent under willlbone 03/07/13 09:59:12 AM
#399   Did you read the quarterly? Apophis 03/04/13 07:28:38 PM
#398   looks like the selling has stopped Apophis 02/15/13 10:11:31 AM
#397   wow Apophis 02/13/13 06:09:47 PM
#396   Buying $2.5. Thanks willlbone 02/13/13 01:36:25 PM
#395   Looks like more good news today Apophis 01/22/13 11:20:25 AM
#394   looks like the losses are getting smaller? see Apophis 11/06/12 09:28:15 AM
#393   This stock is fizzeling out? Apophis 10/16/12 01:00:53 PM
#392   Are you still in it? Apophis 10/05/12 04:30:01 PM
#391   More mortgage debt released Apophis 10/02/12 09:20:45 AM
#390   This is building a nice base that should Apophis 09/27/12 12:58:37 PM
#389   http://ih.advfn.com/p.php?pid=nmona&article=54211729 nice lease deal Apophis 09/18/12 01:19:51 PM
#388   MPG Office Trust Announces Disposition of 500 Orange Tower Apophis 09/18/12 01:17:49 PM
#387   RATES HEADING LOWER IN THE USA AFTER TODAYS Apophis 09/13/12 04:11:47 PM
#386   Institutions are buying in again Apophis 09/11/12 09:40:39 AM
#385   I wish this would start jumping .25 - Apophis 09/10/12 12:49:27 PM
#384   Never mind, no income then no book value? Apophis 09/09/12 09:35:11 PM
#383   thanks for all that, we will have to Apophis 09/08/12 09:44:40 PM
#382   Interesting Article: B-Money 09/08/12 08:01:32 PM
#381   I think we will be near $5.25 by Apophis 09/05/12 02:45:51 PM
#380   Are they looking for a buyer? Apophis 09/03/12 06:37:18 PM
#379   MPG, talks about getting bought out... alot of marketmakerz 08/31/12 09:49:40 PM
#378   Good stuff I am very confident in my B-Money 08/30/12 10:25:34 PM
#377   WELLS FARGO BANK sold another 102,000 shares. Apophis 08/29/12 09:50:43 AM
#376   some of mine are now doubled Apophis 08/28/12 05:20:44 PM
#375   INSTITUTIONAL OWNERSHIP IS ON THE RISE AGAIN AT 62% Apophis 08/24/12 10:37:37 AM
#374   Institutional ownership dropped by 11% Apophis 08/17/12 01:15:01 PM
#373   This should be trading between $5-7 right now Apophis 08/15/12 10:37:10 AM
#372   It would be more of a positive if Apophis 08/14/12 08:34:48 AM
#371   MPG Office Trust Reports Redemption of Partnership Units B-Money 08/06/12 08:41:00 AM
#370   MPG Office Trust Stockholders Elect Directors at Annual Meeting B-Money 07/30/12 08:48:22 AM
#369   Maybe they will wait for common to hit Apophis 07/28/12 12:26:36 PM
#368   Good Points on All. I think of the B-Money 07/27/12 09:56:13 PM
#367   I bet you will see more buying on Apophis 07/27/12 11:45:50 AM
#366   Yep especially when I loaded the boat at B-Money 07/26/12 03:52:19 PM
#365   nice pop today Apophis 07/26/12 10:37:41 AM
#364   MPG Office Trust Reports Redemption of Partnership Units B-Money 07/26/12 08:52:53 AM
#363   Eliminating debts usually does not equal to higher B-Money 07/25/12 06:51:42 PM
#362   lots of restructuring activity and writedowns. I would Apophis 07/25/12 01:17:45 PM
#361   MPG Office Trust Reports Second Quarter 2012 Financial Results B-Money 07/24/12 10:20:25 AM
#360   Going to be tough for the entire BIG B-Money 07/18/12 01:27:05 AM
#359   This needs some steam to blow past $3 Apophis 07/17/12 10:46:39 PM
#358   MPG Office Trust, Inc. to Release Second Quarter B-Money 07/13/12 05:32:18 PM
#357   MPG Office Trust Announces Mortgage Loan Extension at B-Money 07/11/12 11:13:51 AM
#356   Not bad! B-Money 06/26/12 08:31:34 AM
#355   up today in a bad market Apophis 06/25/12 06:46:14 PM
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