NEW YORK--(BUSINESS WIRE)--
Columbia
Property Trust, Inc. (NYSE: CXP) has released its quarterly update
and financial results for the period ending March 31, 2018, by posting
its First Quarter Form 10-Q and Supplemental Information package to the
Investor Relations section of its website.
The Supplemental Information package contains a summary of financial
results and highlights for the quarter on page three, and enumerates the
following key points:
-
Portfolio now approximately 97% leased, with economic occupancy
expected to increase substantially throughout the remainder of the
year;
-
Reduced leverage after sale of 22.5% interest in University Circle and
333 Market to Allianz, our joint venture partner, for $235.3 million;
-
Raised 2018 guidance range.
Direct link to the Supplemental Information Package: http://ir.columbia.reit/file/4088372/Index?KeyFile=1500109974
To access the Form 10-Q, please visit: http://ir.columbia.reit/Docs
As previously announced, the Company will host a live conference call
and audio webcast later today at 5:00 p.m. ET. The number to call to
participate in the interactive teleconference is (412) 542-4180. To
access the live webcast, interested parties may go to the Investor
Relations section of Columbia’s website at least fifteen minutes prior
to the start time of the call in order to register and to download and
install any necessary audio software.
Direct link to the Conference Call Webcast: https://services.choruscall.com/links/cxp180426.html
A replay of the conference call will be available online in the Investor
Relations section of the Company’s website at http://ir.columbia.reit
shortly after the call and archived for approximately twelve months. The
audio will also be available by telephone through May 3, 2018, by
dialing (877) 344-7529 (passcode: 10118156).
About Columbia Property Trust
Columbia Property Trust (NYSE:
CXP) owns and operates Class-A office buildings concentrated in New
York, San Francisco, and Washington, D.C. Its portfolio includes 20
properties with over nine million square feet. Columbia carries an
investment-grade rating from both Moody’s and Standard & Poor’s. For
more information, please visit www.columbia.reit.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180426006607/en/
Columbia Property Trust, Inc.
Matt Stover, 404-465-2227
IR@columbia.reit
Source: Columbia Property Trust, Inc.