Columbia Property Trust Releases First Quarter 2019 Results and Raises 2019 Guidance
Columbia Property Trust, Inc. (CXP)
Last columbia property trust, inc. earnings: 4/30 04:07 pm
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US:NYSE Investor Relations:
ir.columbia.reit
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- Columbia Property Trust, Inc. (NYSE: CXP) has released its quarterly update and financial results for period ending March 31, 2019, by posting its First Quarter Form 10-Q and Supplemental Information package to the Investor Relations section of its website. Full results and additional information on the recent highlights summarized below can be found in the Supplemental Information package: Raised 2019 guidance ranges for net income per share and Normalized FFO per share; Portfolio 97.1 percent leased, with 83,000 square feet leased during the quarter at positive GAAP and cash rent releasing spreads of 61.7% and 38.2%, respectively; In New York, executed contract to acquire 250 Church Street through a joint venture, with closing expected later this year; After the end of the quarter, sold One & Three Glenla
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