| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
114 |
| Employees |
97 |
| Revenues (TTM) (Millions $) |
254 |
| Net Income (TTM) (Millions $) |
92 |
| Cash Flow (TTM) (Millions $) |
-243 |
| Capital Exp. (TTM) (Millions $) |
84 |
Business Description
Columbia Property Trust, Inc. is a real estate investment trust (REIT) that owns, manages, leases, and operates commercial real estate properties across the United States. The company was founded in 2003 as Wells Real Estate Investment Trust, and it was later renamed to Columbia Property Trust in 2013. The company is headquartered in Atlanta, Georgia, and its shares are traded on the New York Stock Exchange under the symbol "CXP".
Columbia Property Trust specializes in the acquisition, development, and management of Class-A office properties in high-demand urban areas. The company's portfolio comprises 17 properties with a total of 8 million square feet of rentable space, valued at approximately $3.4 billion. The majority of the company's properties are located in New York City, San Francisco, and Washington DC. The company also has a presence in other major metropolitan areas such as Boston, Los Angeles, and Seattle.
Columbia Property Trust's properties are primarily leased to blue-chip corporate tenants across a variety of sectors, including financial services, legal, technology, and media. The company's client portfolio includes notable names such as American Express, Bank of America, Citigroup, NBC Universal, and Salesforce.com. The company focuses on maintaining long-term relationships with its tenants, providing them with high-quality, modern, and sustainable office spaces that are tailored to their specific needs.
Columbia Property Trust's management team is composed of experienced professionals in the field of commercial real estate, including experts in acquisitions, development, asset management, leasing, and finance. The company has a reputation for executing successful acquisitions and dispositions, driving operational efficiency, and delivering strong investment returns to its shareholders.
Columbia Property Trust is committed to sustainability and environmental responsibility. The company incorporates sustainable features in its properties, such as energy-efficient lighting, heating, and cooling systems, as well as recycled and locally sourced materials. Additionally, the company participates in green initiatives, such as the US Green Building Council's Leadership in Energy and Environmental Design (LEED) certification program.
Overall, Columbia Property Trust is a leading player in the US commercial real estate market, with a strong portfolio of prestigious properties and a commitment to sustainable and responsible operations. The company's management team, financial performance, and long-term growth prospects make it an attractive investment option for those looking to invest in high-quality Class-A office properties.
Company Address: 315 Park Avenue South New York 10010 NY
Company Phone Number: 687-0800 Stock Exchange / Ticker: NYSE CXP
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