Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


May 05, 2015 11:31 AM ET

Real Estate Investment Trusts (REITs)

Company Overview of Columbia Property Trust, Inc.

Company Overview

Columbia Property Trust, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It focuses on investing in and managing high-quality commercial office properties. The firm was formerly known as Wells Real Estate Investment Trust II Inc. Columbia Property Trust, Inc was founded in July 2003 and is based in Atlanta, Georgia.

One Glenlake Parkway

Suite 1200

Atlanta, GA 30328

United States

Founded in 2003

99 Employees

Phone:

404-465-2200

Fax:

404-465-2201

Key Executives for Columbia Property Trust, Inc.

Chief Executive Officer, President, Director, Member of Executive Committee and Member of Finance Committee
Age: 53
Total Annual Compensation: $688.5K
Chief Financial Officer and Executive Vice President
Age: 55
Total Annual Compensation: $433.5K
Chief Accounting Officer and Senior Vice President of Corporate Operations
Age: 39
Total Annual Compensation: $265.2K
Senior Vice President of Real Estate Transactions
Age: 49
Total Annual Compensation: $280.5K
Compensation as of Fiscal Year 2014.

Columbia Property Trust, Inc. Key Developments

Columbia Property Trust, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Year Ending December 31, 2015

Columbia Property Trust, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company's total revenues were $147,543,000 compared to $129,168,000 a year ago. Real estate operating income was $25,536,000 compared to $19,437,000 a year ago. Income before income tax benefit was $5,402,000 compared to $3,107,000 a year ago. Income from continuing operations was $5,598,000 compared to $3,451,000 a year ago. Net income was $5,598,000 compared to $3,400,000 a year ago. Income from continuing operations per share - diluted was $0.04 compared to $0.03 a year ago. Net income per share - diluted was $0.04 compared to $0.03 a year ago. FFO was $62,824,000 compared to $63,103,000 a year ago. Normalized FFO was $65,296,000 compared to $63,103,000 a year ago. Adjusted FFO was $46,238,000 compared to $41,273,000 a year ago. FFO per share - diluted was $0.50 compared to $0.51 a year ago. Normalized FFO per share - diluted was $0.52 compared to $0.51 a year ago. Adjusted FFO per share - diluted was $0.37 compared to $0.33 a year ago. EBITDA was $82,297,000 compared to $64,991,000 a year ago. Adjusted EBITDA was $84,769,000 compared to $78,869,000 a year ago. Net operating income - cash basis was $85,001,000 compared to $83,249,000 a year ago. For the year ending December 31, 2015, the company expects to report normalized FFO in a range of $1.85 to $1.91 per diluted share, and net income available to common stockholders in the range of $0.17 to $0.23 per diluted share.

Columbia Property Trust, Inc. to Report Q1, 2015 Results on Apr 30, 2015

Columbia Property Trust, Inc. announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on Apr 30, 2015

Columbia Property Trust, Inc., Q1 2015 Earnings Call, May 01, 2015

Columbia Property Trust, Inc., Q1 2015 Earnings Call, May 01, 2015

Similar Private Companies By Industry

Company Name Region
Lincoln NC Realty Fund Inc United States
Foundation Capital Resources Inc. United States
Imperial Credit Commercial Mortgage Investment Corp. United States
Provident Preferred Capital Corp United States
Wells Fargo Real Estate Investment Corporation United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 8, 2015
274,218-square-foot Class-A Office Building at 116 Huntington Avenue in Boston's Back Bay
Merger/Acquisition
January 8, 2015
315 Park Avenue South Building and 1881 Campus Commons Drive Building
Merger/Acquisition
October 6, 2014
Five Buildings of One Million Square Foot Area in Atlanta
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Columbia Property Trust, Inc., please visit www.columbiapropertytrust.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.