ATLANTA--(BUSINESS WIRE)--
Columbia Property Trust, Inc. (NYSE:CXP) announced today that Brian D.
Berry has been appointed Senior Vice President, Eastern Region. In this
role, Mr. Berry will oversee all transaction and investment management
activities for the company in the eastern United States. He will be
based in Washington, D.C., where he will establish a regional office.
“We are excited to welcome Brian Berry to the senior management team of
Columbia Property Trust,” said Nelson Mills, President and Chief
Executive Officer of Columbia Property Trust. “With his deep
understanding of the commercial property industry and strong track
record of acquiring and repositioning assets, he will broaden and
complement our senior management team and further position our company
for growth moving forward. I look forward to working with him as he
leads the execution of our strategy in our key eastern U.S. markets and
positioning our existing assets there to maximize value for
shareholders.”
Mr. Berry brings over 25 years of commercial real estate experience to
Columbia Property Trust. He led and successfully grew regional operating
teams at both Tishman Speyer and Trizec Properties, where he managed
acquisition, development and operating activities. Most recently, he was
President of Oak Point Investors, a property investment and advisory
firm.
About Columbia Property Trust
One of the nation’s largest office REITs, Columbia Property Trust
invests in high-quality commercial office properties in primary U.S.
markets and has achieved an investment-grade rating from both Moody's
and Standard & Poor’s rating services. Columbia Property Trust’s
portfolio includes 44 properties, consisting of 60 operational buildings
and comprising approximately 16.8 million square feet located in 13
states and the District of Columbia. For information about Columbia
Property Trust, visit www.ColumbiaPropertyTrust.com.
Forward-Looking Statements:
Certain statements contained in this press release other than
historical facts may be considered forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. We intend for all such
forward-looking statements to be covered by the applicable safe harbor
provisions for forward-looking statements contained in those acts. Such
statements include, in particular, statements about our plans,
strategies, and prospects and are subject to certain risks and
uncertainties, including known and unknown risks, which could cause
actual results to differ materially from those projected or anticipated.
Therefore, such statements are not intended to be a guarantee of our
performance in future periods. Such forward-looking statements can
generally be identified by our use of forward-looking terminology such
as "may," "will," "expect," "intend," "anticipate," "estimate,"
"believe," "continue," or other similar words. Readers are cautioned not
to place undue reliance on these forward-looking statements, which speak
only as of the date of this press release. We make no representations or
warranties (express or implied) about the accuracy of any such
forward-looking statements contained in this press release, and we do
not intend to publicly update or revise any forward-looking statements,
whether as a result of new information, future events, or otherwise.
Any such forward-looking statements are subject to risks,
uncertainties, and other factors and are based on a number of
assumptions involving judgments with respect to, among other things,
future economic, competitive, and market conditions, all of which are
difficult or impossible to predict accurately. To the extent that our
assumptions differ from actual conditions, our ability to accurately
anticipate results expressed in such forward-looking statements,
including our ability to generate positive cash flow from operations,
make distributions to stockholders, and maintain the value of our real
estate properties, may be significantly hindered. See Item 1A in the
Company's most recently filed Annual Report on Form 10-K for the year
ended December 31, 2013, for a discussion of some of the risks and
uncertainties that could cause actual results to differ materially from
those presented in our forward-looking statements. The risk factors
described in our Annual Report are not the only ones we face, but do
represent those risks and uncertainties that we believe are material to
us. Additional risks and uncertainties not currently known to us or that
we currently deem immaterial may also harm our business.
Columbia Property Trust, Inc.
Jim Fleming, 404-465-2126
[email protected]
Source: Columbia Property Trust, Inc.