American Assets Trust, Inc. is a self-administered real estate investment trust (REIT). It owns, operates, acquires and develops retail and office properties primarily in Southern California, Northern California and Hawaii. Its properties are also located in Honolulu, and San Antonio. As of September 30, 2010, the Company operated in four segments: retail, office, multifamily and a mixed-use. The Company seeks to own 20 properties located in the San Diego, San Francisco, Los Angeles, Honolulu and San Antonio markets. The Company is a general partner of American Assets Trust, L.P. It has formed American Assets Services, Inc., which is a services company and is wholly owned by its partner. The Company’s retail properties include Carmel Country Plaza, South Bay Marketplace, Rancho Carmel Plaza, Lomas Santa Fe Plaza, Solana Beach Towne Centre, The Shops at Kalakaua, Waikele Center and Alamo Quarry. As of September 30, 2010, its retail segment had 10 properties.