MPG Office Trust Inc
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MPG Office Trust Inc in the REIT that is the largest owner, developer and manager of Class A office space in southern California. They pride themselves on the architectural design of their properties, what those tower buildings add to the local skylines. They were formerly known as Maguire Properties. They have twenty properties.
MPG Office Trust Class A Office Space
Their stock symbol is MPG on the NYSE. David L. Weinstein is the president and chief executive officer. Their core strategy is to acquire exceptional buildings that attract high quality tenants, give them a productive environment, and improve their local communities. They seek a commanding market share in high barrier to entry locations..
They provide financing, development, marketing, leasing and property management services. Their IPO was done in 2003. Their key markets are Downtown Los Angeles, the Irvine Airport, Anaheim Stadium in Orange County, and Sorrento Mesa in San Diego County.
They list the highlights of their distinctive architecture as: 72-story US Bank Tower (the highest building on the West Coast), The Gas Company Tower, Plaza Las Fuentes and the Westin Pasadena Hotel, the 777 Tower and the Wells-Fargo Tower.
Other properties they own include: San Diego Tech Center, the Wells Fargo Center in Denver Colorado, KPMG Tower, One California Plaza, Two California Plaza, 550 South Hope Street, Glendale North Campus, Glendale Center, Cerritos Corporate Center, 3800 Chapman, Stadium Gateway, City Tower, 500 Orange Tower, and Brea Campus.
MPG Office Trust Inc has a lot going for it, but is economically dependent on the economic fate of southern California.
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