Medical Office REIT Healthcare Trust Expects to be Active in Acquisitions in 2017

Robert Milligan, CFO of Healthcare Trust of America (NYSE: HTA), joined REIT.com for a video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

Milligan explained that Healthcare Trust, a medical office building specialist, focuses on 20 to 25 gateway markets where the company expects to see growth in the next 10 to 20 years.

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American Assets Trust Focused on Boosting NAV

Ernest Rady, president and CEO of American Assets Trust, Inc. (NYSE: AAT), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

American Assets Trust owns retail, office and residential properties in high-barrier-to-entry markets, primarily in Southern California, Northern California, Oregon, Washington and Hawaii.

American Assets Trust CEO Ernest Rady

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Office REIT Columbia Property Trust Feeling Impact of Millennials

Nelson Mills, president and CEO of Columbia Property Trust (NYSE: CXP), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

Mills said millennials continue to impact the office sector.

“There’s rigorous competition for millennial talent, and that shapes the location of the space and configuration,” Mills noted, when speaking on the leasing requirements of tenants.

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Liberty Property Trust CEO Says REIT Looking Forward to 2017

Bill Hankowsky, chairman and CEO of Liberty Property Trust (NYSE: LPT), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

Liberty sold $ 1.3 billion of non-core real estate in 2016. The disposition allowed Liberty to complete its portfolio repositioning and become a national industrial REIT, Hankowsky said.

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Four Corners Property Trust Looking in New Directions

Four Corners Property Trust, Inc. (NYSE: FCPT), which spun off from Darden Restaurants Inc.  in November 2015, sees significant external growth potential in the fragmented restaurant real estate sector, according to CEO Bill Lenehan.

At the time of the spinoff, the triple-net lease REIT’s portfolio included 300 Olive Garden restaurants, 104 LongHorn Steakhouse restaurants, 11 Bahama Breeze restaurants, two Seasons 52 restaurants and one Wildfish Seafood Grille restaurant.

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Multifamily Sector Offers Most Value to Investors Real Estate Trust, CEO Says

Tim Mihalick, president and CEO of Investors Real Estate Trust (NYSE: IRET), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

The company announced earlier this month that it would exit the health care and industrial markets in order to become a pure-play multifamily REIT based in the Midwest.  In 2015, it disposed of its office and retail assets.

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