Columbia Property Trust Continues Robust Leasing Pace and Rent Rollups in San Francisco Office Portfolio - Seite 2

In nearby Palo Alto, three leasing transactions were recently signed at University Circle, a Class-A office complex in the heart of Silicon Valley, including a five-year renewal with Wells Fargo for 14,000 square feet.

“The strength of our San Francisco market portfolio from a leasing and occupancy perspective really speaks to the quality of our assets and the dedication of our team here,” said David Dowdney, Senior Vice President and Head of Leasing for the company. “By investing in the city’s most desirable submarkets and adding high-impact amenities to our properties, we have successfully created the types of spaces and the level of service that both our existing and new tenants demand today. The success of that strategy is clearly demonstrated by the continuing and expanding commitment leading tech companies and other valued tenants have made to our properties.”

About Columbia Property Trust
Columbia Property Trust creates value through owning, operating and developing Class-A office buildings in high-barrier U.S. office markets, primarily New York, San Francisco, and Washington D.C. Columbia is deeply experienced in transactions, asset management and repositioning, leasing, and property management. It employs these competencies to grow value across its high-quality, well-leased portfolio of 17 properties that contain over seven million rentable square feet, as well as one property under development. Columbia is traded on the New York Stock Exchange under the ticker symbol “CXP” and has investment-grade ratings from both Moody’s and Standard & Poor’s. For more information, please visit www.columbia.reit.

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 leasing transactions 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.