Thursday, July 14, 2011

Pacific Office Compliance Plan Accepted by NYSE Amex



SAN DIEGO--(BUSINESS WIRE)--Pacific Office Properties Trust, Inc. (NYSE Amex: PCE), a real estate investment trust owning interests in 45 office buildings primarily in Hawaii and California, announced today that the NYSE Amex (the “Exchange”) has accepted the Company’s plan for regaining compliance with the Exchange’s listing standards (the “Plan”).

The Plan was submitted in response to notification from the Exchange of the Company’s non-compliance with certain continued listing standards. With the Exchange’s acceptance of the Plan, the Company’s listing is expected to continue through October 19, 2012, by which time the Plan calls for the Company to regain compliance with all continued listing standards.

Pacific Office Properties Trust, Inc. (www.pacificofficeproperties.com) is a self-administered and self-managed real estate investment trust that owns and operates primarily institutional-quality office properties principally in selected long-term growth markets in southern California and Hawaii.

The Company’s strategy is to acquire, often in partnership with institutional co-investors, value-added office buildings whose potential can be maximized through improvements, repositioning and superior leasing and management.

Contacts

Pacific Office Properties Trust, Inc.
James R. Ingebritsen
Chief Executive Officer
858-882-9500

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