Columbia Property Trust, Inc.

Columbia Property Trust, Inc.

CXP
Columbia Property Trust, Inc.US flagNew York Stock Exchange
19.28
USD
+0.02
- -
695.09MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
E. Nelson Mills
Full Time Employees
160
Sector
Real Estate
Industry
REIT - Office
Address
315 Park Ave S New York City NY United States of America 10010
IPO Date
Oct 10, 2013
Business
Columbia Property Trust, Inc. (NYSE: CXP) is a real estate investment trust that owns, operates, develops, and manages Class-A office properties and mixed-use assets in high-barrier-to-entry gateway markets including New York City, San Francisco, Washington, D.C., and Boston; its core offerings encompass a portfolio of approximately 19 operating properties totaling over nine million square feet of premium office space, four properties under development or redevelopment adding 3.3 million square feet, and an additional 8 million square feet under management for private investors and third parties through closed-end value-add investment funds focused on underperforming office and mixed-use assets in central business districts and transit-served submarkets. The company, founded in 2003 and headquartered in New York, maintains a vertically integrated platform for acquisition, leasing, repositioning, property management, asset management, and joint venture execution, serving innovative corporate tenants seeking dynamic workspaces that foster creativity and collaboration; it also manages private capital through a series of fully discretionary funds originally initiated by Normandy Real Estate Management, which Columbia fully assimilated in January 2020. Following its acquisition by funds managed by Pacific Investment Management Company LLC (PIMCO) in a $3.9 billion transaction completed in December 2021 that took the company private, Columbia has pursued strategic initiatives including a May 2024 modification of a $1.7 billion floating-rate loan secured by seven office buildings, a May 2025 partnership with Strategic Value Partners, OneIM, and RXR to acquire and recapitalize the 829-unit Hudson House luxury multifamily complex in Jersey City, New Jersey, and a November 2024 joint venture sale of a New York property to an international investor for $255 million alongside Cannon Hill Capital Partners.

Company News

APIChatGPT
  • Pathify and La Salle University Modernize Digital Experience with "my.lasalle" Portal

  • Columbia Property Trust Announces Tax Treatment of 2021 Distributions

  • Columbia Property Trust Announces Anticipated Closing Date of Pending Merger and Declares Special Dividend of $2.17 per share

  • SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Columbia Property Trust, Inc. - CXP

  • Columbia Property Trust Secures Initial Lease at 799 Broadway, its Ground-Up Development in Union Square / Greenwich Village

  • SHAREHOLDER ALERT: WeissLaw LLP Reminds CXP, JMP, ECHO, and KDMN Shareholders About Its Ongoing Investigations

  • Office REITs: The New Normal

  • COLUMBIA PROPERTY TRUST INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Columbia Property Trust, Inc. - CXP

  • Columbia Property Trust Announces Achievement of WELL Health-Safety Ratings

  • Columbia Property Trust: Our Thoughts On PIMCO's Offer

  • SHAREHOLDER ALERT: WeissLaw LLP Investigates Columbia Property Trust, Inc.

  • COLUMBIA PROPERTY TRUST INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Columbia Property Trust, Inc. - CXP

  • ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Columbia Property Trust, Inc.

  • Here's Why Columbia Property Trust Soared on Tuesday

  • Shareholder Alert: Ademi LLP investigates whether Columbia Property Trust, Inc. has obtained a Fair Price in its transaction with PIMCO

  • CXP Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Columbia Property Trust, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – CXP

  • Columbia Property Trust's stock soars after $3.9 billion buyout deal

  • Columbia Property Trust to Be Acquired by Funds Managed by Pacific Investment Management Company LLC in a $3.9 Billion Transaction

  • Columbia Property Trust Declares Third Quarter Dividend

  • Columbia Property Trust, Inc. (CXP) CEO Nelson Mills on Q2 2021 Results - Earnings Call Transcript