City Office REIT, Inc. is an internally managed real estate company focused on acquiring, owning, and operating high-quality office properties located primarily in metropolitan areas in the southern and western U.S. CIO's strategy is to continue its growth through a combination of internal cash flow growth initiatives and a focused acquisition strategy.

Performance Details

Previous trading day’s Close
$9.02
Current high for the day
$9.77
Current low for the day
$9.52
Day's Volume
198.00
30 days average volume
0.28
Market Cap
$423.12 mil
52-week high
$14.16
52-week low
$6.12
Last paid dividend value
$0.15
Dividend Yield
6.14%
Previous quarter FFO
$56.00mil

Last updated: Jan. 22 2021

Nareit Coverage

Names to Note: May/June 2019

Names to Note

People making news in the REIT and publicly traded real estate industry.

Agree Realty Corp. (NYSE: ADC) named David Wolff as its chief accounting officer. Most recently, Wolff served as vice president, financial reporting and chief accounting officer of Taubman Centers, Inc. (NYSE:TCO).

City Office REIT, Inc. (NYSE: CIO) appointed Sabah Mirza to its board. She is currently executive vice president, business affairs at Sunwing Travel Group.

Rebecca Sandring was named an EVP at CorEnergy Infrastructure Trust, Inc. (NYSE: CORR), with oversight of leasing structures, operational finance, and portfolio management, while retaining her positions of treasurer, secretary, and interim chief accounting officer. Previously, Sandring was an SVP of CorEnergy. Jeff Fulmer was also named an EVP, providing leadership to business development, operations, and portfolio management. Previously, he was an SVP.

New Residential Investment Corp. (NYSE: NRZ) elected Pamela Lenehan as an independnet member of its board. Lenehan is currently president of Ridge Hill Consulting, a strategy and financial consulting firm.

Piedmont Office Realty Trust (NYSE: PDM) announced that Donald Miller, who has served as CEO since 2007, will retire effective June 30. The company named C. Brent Smith, the current president and chief investment officer, as his successor. Smith joined Piedmont in 2012.

Federal Realty Investment Trust (NYSE: FRT) said Wendy Seher, who has been with the REIT for nearly two decades, has been appointed EVP, Eastern region president. Jan Sweetnam, who joined the REIT in 1997, has been promoted to EVP, Western region COO overseeing the asset management, operating, and development activities for the West Coast portfolio.

iStar Inc. (NYSE: STAR) appointed Douglas Heitner as chief legal officer and announced the retirement of vice chairman and chief legal officer, Nina Matis. Matis will remain on the executive team as vice chairman until July to oversee a smooth transition. Prior to joining iStar, Heitner was a partner in Kasowitz Benson Torres’ real estate transactions group.

Phillips Edison & Company, Inc. said it will appoint current CFO Devin Murphy to the role of president, effective Aug. 15. In conjunction with Murphy becoming president, John Caulfield, currently senior vice president—finance, will assume the role of CFO and treasurer, effective the same date.

Washington REIT (NYSE: WRE) EVP and COO Thomas Bakke retired on March 8. Bakke joined the company in 2014.

Prologis, Inc. (NYSE: PLD) said Gene Reilly, formerly CEO of the Americas, will assume the role of chief investment officer. In addition, Gary Anderson, formerly CEO of Europe and Asia, will assume the role of chief operating officer, and Mike Curless, formerly chief investment officer, will assume the role of chief customer officer. Tom Olinger, CFO, will continue in that role and will assume responsibility for forecasted real estate operating results and metrics globally.

Realty Income Corp. (NYSE: O) said Michael Pfeiffer’s duties were expanded to include chief administrative officer. He will retain his current roles as executive vice president, general counsel, and secretary. Pfeiffer joined Realty Income in 1990 and became general counsel in 1994.

Vornado Realty Trust (NYSE: VNO) appointed Michael Franco as the company’s president. Franco has been with Vornado since 2011, most recently serving as executive vice president—chief investment officer.

Corporate Information

Nareit member since
2014
Address

666 Burrard Street
Suite 3210
Vancouver BC V6C 2X8
Canada

Company Contacts
James Farrar
CEO
Greg Tylee
President
John McLernon
Chair
Tony Maretic
CFO