- CEO
- James Thomas Farrar
- Full Time Employees
- 20
- Sector
- Real Estate
- Industry
- REIT - Office
- Address
- 500 North Akard Street Vancouver TX United States of America 75201
- IPO Date
- Sep 27, 2016
- Business
- City Office REIT, Inc. (NYSE: CIO, CIO-PA) is an internally managed real estate investment trust focused on acquiring, owning, and operating high-quality office properties located predominantly in Sun Belt markets across the Southern and Western United States. The company owns or controls approximately 4.2 million square feet of office space in key metropolitan areas including Dallas, Denver, Orlando, Phoenix, Portland, Raleigh, San Diego, Seattle, and Tampa; its portfolio features Class A and AA properties such as Bloc 83 in downtown Raleigh, Pima Center and SanTan in Phoenix, Park Tower and Intellicenter in Dallas, Denver Tech Center assets, Canyon Park, and AmberGlen, targeting tenants in high-growth urban live-work-play districts with strong economic fundamentals, employment, and population trends. Founded in 2013 and headquartered at Suite 3210, 666 Burrard Street, Vancouver, British Columbia V6C 2X8, Canada, with additional offices in Dallas, Texas, City Office REIT serves corporate tenants seeking premium office environments in 18-hour cities and has elected REIT status for U.S. federal income tax purposes. In July 2025, the company entered a definitive merger agreement with MCME Carell Holdings, LP to be acquired for $7.00 per share in cash, valued at approximately $1.1 billion, with shareholder approval secured in October 2025 and closing anticipated in Q4 2025; this transaction satisfies strategic review goals amid office sector challenges and includes conditions like the first closing of its Phoenix portfolio sale in August 2025.