Exhibit 21.1
Subsidiaries of American Assets Trust, Inc.
The following list sets forth American Assets Trust, Inc.'s subsidiaries as of December 31, 2025.

Name |  |
Jurisdiction of Formation/Incorporation
AAT Alamo Quarry, LLC |  | Delaware
AAT Bel-Spring 520, LLC |  | Delaware
AAT CC Bellevue, LLC |  | Delaware
AAT CCE III Bellevue, LLC |  | Delaware
AAT Del Monte, LLC |  | Delaware
AAT Eastgate, LLC |  | Delaware
AAT Gateway Marketplace, LLC |  | Delaware
AAT Geary Marketplace, LLC |  | Delaware
AAT Genesee Park, LLC |  | Delaware
AAT La Jolla Commons 3, LLC |  | Delaware
AAT La Jolla Commons, LLC |  | Delaware
AAT Lloyd District, LLC |  | Delaware
AAT One Beach, LLC |  | Delaware
AAT Oregon Office I, LLC |  | Delaware
AAT Pacific Ridge, LLC |  | Delaware
AAT Torrey 13-14, LLC |  | Delaware
AAT Torrey Plaza, LLC |  | Delaware
AAT Torrey Point, LLC |  | Delaware
AAT Torrey Reserve 5, LLC |  | Delaware
AAT Torrey Reserve 6, LLC |  | Delaware
AAT Waikele Center, LLC |  | Delaware
ABW 2181 Holdings, LLC |  | Hawaii
ABW Holdings, LLC |  | Delaware
ABW Lewers, LLC |  | Hawaii
American Assets Services, Inc. |  | Delaware
American Assets Trust Management, LLC |  | Delaware
American Assets Trust, LP |  | Maryland
Beach Walk Holdings, LLC |  | Delaware
Broadway 225 Sorrento Holdings, LLC |  | Delaware
Broadway 225 Stonecrest Holdings, LLC |  | Delaware
Carmel Country Plaza, LP |  | California
Carmel Mountain Pad, LLC |  | California
EBW Hotel, LLC |  | Hawaii
ICW Café Lessee, LLC |  | Delaware
ICW Plaza Merger Sub, LLC |  | Delaware
Imperial Strand Holdings, LLC |  | Delaware
Landmark FireHill Holdings, LLC |  | Delaware
Landmark Venture Holdings, LLC |  | Delaware
Landmark Venture JV, LLC |  | Delaware
Lloyd District TRS, LLC |  | Delaware
Loma Palisades CA general partnership |  | California
Loma Palisades GP LLC |  | Delaware
Mariner's Point Holdings, LLC |  | Delaware

Name |  |
Jurisdiction of Formation/Incorporation
Pacific Carmel Mountain Assets, LLC |  | Delaware
Pacific Carmel Mountain Holdings, LP |  | California
Pacific Del Mar Assets, LLC |  | Delaware
Pacific Firecreek Holdings, LLC |  | Delaware
Pacific North Court GP, LLC |  | Delaware
Pacific North Court Holdings, LP |  | California
Pacific Santa Fe Assets, LLC |  | Delaware
Pacific Santa Fe Holdings, LP |  | California
Pacific Solana Beach Assets, LLC |  | Delaware
Pacific Solana Beach Holdings, LP |  | California
Pacific South Court Assets, LLC |  | Delaware
Pacific South Court Holdings, LP |  | California
Pacific Torrey Daycare Assets, LLC |  | Delaware
Pacific Torrey Daycare Holdings, LP |  | California
Pacific VC Holdings, LLC |  | Delaware
Pacific Waikiki Assets, LLC |  | Delaware
Pacific Waikiki Holdings, LP. |  | California
SB Corporate Centre III-IV, LLC |  | Delaware
SB Corporate Centre, LLC |  | California
SB Towne Centre, LLC |  | California
SBCC Holdings, LLC |  | Delaware
SBTC Holdings, LLC |  | Delaware
Southbay Marketplace Holdings, LLC |  | Delaware
Waikele Venture Holdings, LLC |  | Delaware
WBW Hotel Lessee, LLC |  | Delaware