James Fleming Joins Columbia Property Trust as Chief Financial Officer
ATLANTA -- August 6, 2013
Columbia Property Trust today announced the appointment of JamesA.Fleming to
the position of Executive Vice President and Chief Financial Officer as part
of the company’s strategic objective to drive long-term value.
Fleming will oversee the finance, treasury, investor relations, and financial
reporting divisions of Columbia Property Trust, as well as manage all debt
capital market activities, maintain relationships with rating agencies and
financial institutions, and contribute to the strategic positioning of the
company’s acquisitions, finance, and disposition plans. In this role, he will
be instrumental in the company’s efforts to attract new institutional
investment in Columbia Property Trust.
“We are pleased to welcome Jim Fleming to the management team of Columbia
Property Trust,” said Nelson Mills, President, Chief Executive Officer, and
Director of Columbia Property Trust. “With his extensive background in real
estate investment management, capital markets, and governance, as well as both
executive and board experience for public companies, we believe Jim will play
an integral role in positioning the company for a successful future.”
Fleming brings to Columbia Property Trust over three decades of commercial
real estate experience, having served most recently as Executive Vice
President and CFO for Schottenstein Property Group, a national shopping center
owner-operator. Previously, at Cousins Properties, Inc., an NYSE-listed office
REIT, Fleming served in various executive capacities, including as Executive
Vice President and CFO from 2004 to 2010, and earlier, as Senior Vice
President, General Counsel, and Secretary from 2001 to 2004. Fleming currently
serves on the Board of Directors of NASDAQ-listed Carmike Cinemas, Inc., one
of the nation’s largest motion picture exhibitors.
Fleming is a former founding partner of the Atlanta law firm Fleming & Ray
(now Ray & Sherman) and former managing partner at Long, Aldridge & Norman
(now McKenna Long & Aldridge). Fleming’s practice at both firms focused on the
real estate industry.
About Columbia Property Trust
One of the nation's largest office real estate investment trusts, Columbia
Property Trust focuses on investing in and managing high-quality commercial
office properties in primary markets nationwide and is one of the only
nontraded REITs to have achieved an "investment-grade" rating from both
Moody's and Standard & Poor's rating services. Currently, the REIT’s $5+
billion portfolio consists of 82 operational buildings in 20 states (including
Washington, D.C.), collectively covering approximately 21million square feet.
Columbia Property Trust (f/k/a Wells Real Estate Investment Trust II, Inc.)
closed to new investments on June 30, 2010.For information about Columbia
Property Trust, visit www.ColumbiaPropertyTrust.com.
This news release may contain 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. 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 of this news release should be aware that there are
various factors that could cause actual results to differ materially from any
forward-looking statements made in this release. Factors that could cause or
contribute to such differences include, but are not limited to, changes in
general economic and business conditions, industry trends, changes in
government rules and regulations (including changes in tax laws), and
increases in interest rates. Accordingly, readers are cautioned not to place
undue reliance on these forward-looking statements, which speak only as of the
date of this press release.
Margot Olcay, 212-843-8284
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