The beginnings of Pacific Office Properties lies in the history of its founders, The Shidler Group. Jay Shidler founded The Shidler Group in 1972 in Honolulu to invest in commercial real estate. Shidler knew that in order to diversify and prosper, The Group would require expertise and presence in markets across the country with the best investment potential. He rapidly expanded, forming investment partnerships with premiere entrepreneurial investors and operators in San Francisco, Chicago, Minneapolis, Philadelphia and other major cities across the United States, all operating under The Shidler Group. Some of these partnerships would be the basis for The Shidler Group’s first three real estate investment trusts – TriNet Corporate Realty Trust, Inc. (formerly NYSE: TRI), First Industrial Realty Trust, Inc (NYSE: FR), and Corporate Office Properties Trust (NYSE: OFC). But the first of these investment partnerships was formed in 1977 in Honolulu between Jay Shidler and James Reynolds.