REIT that focuses on acquiring, owning, and operating office properties in mid-sized metropolitan areas.
City Office REIT, Inc. (NYSE: CIO) specializes in investing in high-quality office properties located in dynamic 18-hour cities with strong economic fundamentals, primarily focusing on the Southern and Western United States. As of September 30, 2020, CIO owned office complexes totaling 5.8 million square feet of net rentable area (NRA).
City Office REIT, Inc. strategically targets markets known for their diverse economic bases and potential for sustainable growth. This strategic approach ensures that the company's portfolio is well-positioned to capitalize on emerging opportunities and deliver long-term value to its investors.
In addition to property acquisition, City Office REIT, Inc. is dedicated to active property management aimed at optimizing tenant satisfaction and operational efficiency across its office complexes. By maintaining high occupancy rates and enhancing property performance, the company aims to maximize returns for its shareholders.
Listed on the New York Stock Exchange, City Office REIT, Inc. continues to expand and diversify its real estate portfolio. With a focus on prudent investment strategies and proactive asset management, the company remains committed to generating sustainable income and creating value in the competitive office property market.