Nelson Mills
Columbia Property Trust Gets $2.2B Takeover Bid
A group of investors led by The Sapir Organization made an unsolicited proposal to acquire the office REIT in an all-cash deal.
Columbia Property Trust Recaps $400M San Francisco Asset
The company retains a 55 percent stake in the office tower, while joint venture partner Allianz Real Estate contributed $180 million for a 45 percent ownership interest.
Columbia Property Trust Sells 700 KSF Atlanta Campus for $228M
The disposition is part of the company’s strategy of exiting a non-core market to focus on New York City, San Francisco and Washington, D.C.
Twitter Signs 215 KSF Lease Extension in NYC
Columbia Property Trust secured the social media company’s lease for another five years. This location marks Twitter’s second-largest headquarters after San Francisco.
WeWork Takes Full-Building Office Lease in Manhattan
The deal marks the shared office provider’s third lease at a Columbia Property Trust-owned building in the borough. The two companies intend to convert the 102-year-old property into boutique office space.
Columbia Expands NYC Portfolio With $514M Office Buy
Neither of the buildings in the portfolio has any near-term capital needs, both being fully and attractively renovated in recent years. 245-249 W. 17th St. and 218 W. 18th St. house the headquarters of Twitter and Red Bull, along with several other tenants.
GLRE Summit Report: Real Estate Industry Facing Structural Changes
Technological disruption, changing consumer behavior and political uncertainty are just a few of the factors affecting the way industry participants are making investment decisions, according to panelists at EisnerAmper and iGlobal Forum’s Global Leaders in Real Estate Summit.
Columbia, Allianz Form $1.3B Partnership
Each company is contributing one or more unencumbered assets to the JV. Besides New York City and San Francisco, the firms are eyeing Boston and Washington.
Columbia Property Trust Grows Footprint in NYC
The company has agreed to purchase 149 Madison Ave., a 127,000-square-foot office building in Manhattan.