Columbia Property Trust Sells Two-Building Atlanta Office Campus for $227.5 Million
Columbia Property Trust, Inc. (CXP)
Last columbia property trust, inc. earnings: 4/30 04:07 pm
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Source: Business Wire
ATLANTA--(BUSINESS WIRE)-- Columbia Property Trust, Inc. (NYSE: CXP) announced today that it has completed the sale of One and Three Glenlake Parkway, a fully-leased, 711,000-square-foot office campus located in Atlanta’s Central Perimeter submarket, for $227.5 million. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20190415005862/en/ Columbia Property Trust has sold One and Three Glenlake, a 711,000-square-foot office campus in Atlanta, for $227.5 million. Photo credit: APG Photography. Columbia completed a significant repositioning of the campus in advance of the sale, to position it as best-in-class for Atlanta’s Central Perimeter submarket. These efforts helped to drive 460,000 square feet of leasing at the property since early 2017, replacing the original anchor tenant with no downtime and returning the full property to 100 percent leased. Columbia acq
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