American Asset Corporation

American Asset Corporation: integrated commercial real estate in the United States

American Asset Corporation (AAC) presents itself as an integrated real estate company covering development, construction management, leasing and brokerage, as well as property and asset management. The company maintains that the real estate business is local, political and capital intensive, and that understanding these components is key to developing, owning and operating a successful portfolio. Its approach consists of operating directly in the markets where the assets are located, with the aim of creating and managing projects with long-term value for investors and local communities.

Activity and services

The company develops and manages commercial real estate projects. Its stated capabilities include development, construction management, leasing and brokerage, and property and asset management. AAC indicates that it continually seeks to grow its portfolio with projects that serve a diverse population of tenants and companies.

Investment management and scale

According to the company's information, American Asset Corporation has been involved in more than 8 million square feet of commercial property and retains management and ownership of nearly 6 million square feet. These developments required planning for diverse uses — retail, office and residential — in order to form integrated communities. The company states that its leadership has maximized the long-term value and sustainability of these developments, which has allowed it to adapt and thrive through various market cycles.

Featured properties

AAC's website highlights two main properties:

• Brier Creek Commons (Raleigh, NC): a 771,442 square foot open-air lifestyle center that combines national retailers with unique specialty shops, entertainment and restaurants. It is located in one of Raleigh's most affluent and rapidly growing sub-markets.
• Whitehall Corporate Center (Charlotte, NC): a six-building class A suburban office complex, strategically located on Arrowood Road at I-485, with access to Charlotte's major interstate highways.

Leadership and corporate values

The company notes that its success is guided by the values of Entrepreneurship, Stewardship, Respect and Integrity, which extend from the history and tradition of the company and its Founder and Chairman, Count Arco. The integrated team at American Asset Corporation is described as experienced real estate professionals, capable of handling the diversity of the industry in strong markets as well as challenging times, and of taking advantage of the opportunities that its diverse portfolio presents.

Presence and offices

American Asset Corporation operates from three offices in the United States: Charlotte (North Carolina), Raleigh (North Carolina) and New York. The company maintains a portfolio of commercial properties in these regions and continues to seek growth opportunities.

Offices and locations

Charlotte Office: 5950 Fairview Road, Suite 800 Charlotte, NC 28210

Raleigh Office: 7990 Arco Corporate Drive, Suite 119 Raleigh, NC 27617

New York Office: 10 E. 53rd Street, 30th Floor New York, NY 10022