---
schema_version: "secwatch.filing_event.v1"
accession: "0001500217-24-000050"
form_type: "8-K"
ticker: "AAT"
cik: "0001500217"
company_name: "American Assets Trust, Inc."
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:07:46.964446+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# American Assets Trust Q3 net income $16.7M; FFO $0.71/share; raises 2024 guidance

## Summary
- Net income available to common stockholders $16.7M ($0.28/diluted share); FFO $0.71/diluted share, up 20% YoY.
- Same-store cash NOI up 15.8% in Q3; office same-store NOI up 27.6% (includes termination fee).
- Raised 2024 FFO guidance to $2.51-$2.55 per share (midpoint $2.53), 1% above prior midpoint.
- Leased 58k sq ft office at 7.8% cash rent increase; 125k sq ft retail at 4.4% cash rent increase.
- Closed $525M 6.15% senior notes due 2034; declared Q4 dividend $0.335/share payable Dec 19.

## SEC filing metadata
- accession: 0001500217-24-000050
- form_type: 8-K
- ticker: AAT
- cik: 0001500217
- company_name: American Assets Trust, Inc.
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500217/000150021724000050/0001500217-24-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500217/000150021724000050/aat-20241029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001500217-24-000050
- JSON: https://secwatch.observer/filing/0001500217-24-000050.json
- Plain text: https://secwatch.observer/filing/0001500217-24-000050.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.